Share December 16, 2014 565 Views Mortgage Denials Point to Much Tighter Market Credit Availability Credit Standards Urban Institute 2014-12-16 Tory Barringer in Daily Dose, Data, News, Origination Reinforcing concerns of a too-tight credit market, a new measure of mortgage application denials suggests getting a loan might be even tougher for lower-credit borrowers than previously thought.In a report released Tuesday, researchers at the Urban Institute (UI) say that previous “traditional” observations of mortgage denial rates (calculated by dividing the number of denied mortgages by the total number of applications) provide an inaccurate look at credit availability because they include applicants with near-perfect credit profiles—those who are unlikely to be turned down for most products, in other words.”Because it conflates those with near perfect credit with those who might actually be denied a mortgage, the traditional method fails to accurately reflect mortgage market trends,” researchers Laurie Goodman and Wei Li wrote.By excluding those high-credit applicants, they say they can piece together a more accurate picture of how willing lenders are to accept applicants that might pose some risk.Using the adjusted calculation, UI found that 43 percent of borrowers with “less-than-perfect” credit were denied in 2013, nearly triple the unadjusted estimate of 14 percent and up from 25 percent in 2004 (though Goodman and Li admit that “the terms of many loans made in 2004 were not favorable to borrowers.”)Furthermore, the study suggests that the gap in denial rates between white and minority applicants has been exaggerated by inaccurate reporting. While the observed denial rates for black and Hispanic applicants over the last 16 years have been nearly double that of white applicants, that disparity is narrower when looking only at low-credit profile Americans: 45 percent for black applicants, 41 percent for Hispanics, and 34 percent for whites.The slight gap comes as no surprise to Goodman and Li, who note that across their 16-year study period, the share of low-credit applicants has been consistently higher among the black and Hispanic groups than in the Asian and white groups.”Therefore, the latest [real denial rate] numbers show that racial gaps are not the major challenge on credit accessibility,” they wrote. “The key challenge is that the mortgage market is excluding half the borrowers with weaker credit profiles, including minorities.”
TEMPE, Ariz. – In the days leading up to the NFL Draft it is important to remember that teams are not apt to disclose their plans. At best, there will be kernels of truth within statements made by coaches and general managers, and at worst their words will be outright lies.So, when trying to figure out what statements fall into what category, the best thing one can do is use what you know to be true in order to build context and, maybe, an educated guess. Like at the quarterback position, where the Cardinals have a veteran starter in Carson Palmer, a capable veteran backup in Drew Stanton and a young but unproven Matt Barkley.That seems like a pretty good setup for now, but in terms of the future, it can be seen as tenuous at best. That’s why some mock drafts have the Cardinals tabbing a quarterback 29th overall, while many believe they are destined to pick a passer in the draft’s later rounds.While the team has its quarterbacks of the present, there is not a sure-fire quarterback of the future on the roster. Until one is, the search for one will continue, possibly playing a role in this year’s draft.“Every year you’re looking for that guy, and when he’s going to come around you never know,” Cardinals coach Bruce Arians said Tuesday as he and GM Steve Keim previewed next week’s draft. “I think this draft has potential for a quarterback of the future more than drafts in the past. There are some intriguing guys in the draft.“Whether or not they’re there when we pick, you’re not going to go, ‘We’re going to draft a quarterback in this position because we want one but he’s really two rounds later is his draft grade.’ That’s where you get in trouble.” With that, the Cardinals are free to choose any player they want from any position, even one like quarterback where the player would not be expected to make an impact for at least a couple of years. Taking one in the first round this season would in some ways seem to be prioritizing the future over a present in which the Cardinals have legitimate Super Bowl aspirations, but Arians does not see things that way.“Our roster is so good, there’s not a need, so if the quarterback fell to us at 29, we’d just say hey, the future is now.” Top Stories Two quarterbacks – North Dakota State’s Carson Wentz and California’s Jared Goff – are viewed as franchise-caliber signal callers, while others, like Memphis’ Paxton Lynch, Michigan State’s Connor Cook and Penn State’s Christian Hackenberg are seen as talented players who will need some work to become NFL starters. Others, like Ohio State’s Cardale Jones and Mississippi State’s Dak Prescott are projects.Pick No. 29, where the Cardinals are, is likely too late for the draft’s best quarterbacks and too early for the position’s second tier. Based on Arians’ comments, it would seem unlikely the team reaches for a player sooner than he should be drafted.Then again, a reach is purely a matter of perspective.In three drafts since Keim took over as GM and Arians was hired as coach, the Cardinals have chosen just one quarterback. Logan Thomas, who they tabbed in the fourth round in 2014, lasted all of one full season with the team before he was released.Based on projections the only quarterbacks the Cardinals can probably remove from their draft board are Wentz and Goff, as neither is expected to last past the first few selections. Lynch could be the third QB taken, though at what spot is anyone’s guess. Grace expects Greinke trade to have emotional impact Goff, Wentz and Lynch are expected to be the first three quarterbacks taken. The first two are expected to be long gone by the time Arizona is on the clock, and it’s conceivable Lynch could find his way into the first round, too. After them options would appear to be limited, but Arians said there are passers after those three who could fit into his system.“There’s a bunch of them,” he said. “There’s about five guys that are 6-foot-5, got big arms – without getting into individuals – all move well, come out of solid programs.“There’s five or six — which hasn’t been in the past — that could go from round two to six.”Since choosing Matt Leinart 10th overall in 2006, the highest pick the Cardinals have used on a quarterback was Thomas in 2014. In that time they also selected John Skelton and Ryan Lindley in the sixth round of the 2010 and 2012 drafts, respectively.In other words, historically speaking the Cardinals have not really been known to aggressively pursue quarterbacks early in the draft, instead choosing to focus on other areas.This year while there may be positons that could be improved or shored, there do not appear to be any gaping holes with a team that won 13 games and reached the NFC Championship Game last season. If he should fall to 29, or the Cardinals fall in love with one of the other prospects, there are advantages to choosing a young quarterback in the first round. Besides the fact that you get him on your roster, there is also an extra season added to his original rookie deal.“If you have a quarterback that you feel is the future, whether you’re the drafting team or the team at the top of [the second round], getting that fifth-year option is a huge bonus,” Keim said. “I’ve said this time and time again: you have to know in your heart that a guy is a future producer to take a quarterback high because if you don’t believe in the guy in your heart and you take him and you force the pick, it’s going to set you back.“So that’s the tough part of the job; supply and demand says one thing, you have to take chances.”Keim said his experience has taught him there are certain things to look for when evaluating a quarterback’s chances, noting the successful ones usually have intangibles such as passion, the ability to process information and leadership skills.“That’s a whole different part of that position that’s hard to find.”Keim, Arians and their respective staffs have been working tirelessly to try and understand as much about this year’s prospects as possible, and if there is a passer who checks off all of Keim’s boxes, don’t be shocked if his name is called with one of their picks. Former Cardinals kicker Phil Dawson retires Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Comments Share
Brooks & Dunn rework hits with new class of country stars NASHVILLE — Recently country superstar duo Brooks & Dunn started noticing that a new generation of country stars, from Kacey Musgraves to Luke Combs, were covering their classic songs during concerts.That inspired the Grammy-winning duo to get back in the studio together for the first time in a decade to record collaborations with country music’s brightest stars. The record called “Reboot” includes classic Brooks & Dunn hits sung with artists like Musgraves and Combs, as well as Kane Brown, Thomas Rhett, Brothers Osborne, Ashley McBryde and more.The duo said many of these artists grew up listening to Brooks & Dunn’s music, but added their own twists to their recordings. The record will be available April 5.Kristin M. Hall, The Associated Press by Kristin M. Hall, The Associated Press Posted Feb 8, 2019 6:01 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
The providers of the national health scheme (Gesy) will need continuous training on the new digital system, the association of clinical laboratories said on Tuesday as especially in the case of referrals for clinical laboratory tests the system is prone to mistakes.According to the president of the association Charilaos Charilaou problems have emerged with doctors’ referrals of patients for laboratory tests, mainly due to the new and complex Gesy software on which providers have not been trained.A central issue is the expansive catalogue of clinical laboratory tests offered by Gesy, Charilaou said, whereby for example a doctor wishing to refer his patient for a blood sugar test needs to choose from 34 different blood tests and could easily make an error.“More training is needed for the providers who will issue referrals for tests, and a large part of the tests offered should be simplified to make it easier for the doctor to issue the referral, while training seminars should also be arranged for the management and staff of the clinical laboratories,” Charilaou noted.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSmart Tips DailySeniors With No Life Insurance May Get A $250,000 Policy If They Do ThisSmart Tips DailyUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboola
Categories: Crawford News 05Feb Crawford looks forward to working on efforts unveiled in the 2015-16 Action Plan State Rep. Kathy Crawford today participated in a Capitol news conference to announce important priorities for the current legislative session.House Republican lawmakers outlined their top priorities as the 2015-16 legislative session gets under way. Crawford, R-Novi, said she looks forward to working on policy and speaking with constituents about how best to implement the plan.“The Action Plan gives us a great benchmark to go by as we work on legislation this term,” Crawford said. “I was pleased to see mention of children and senior issues in the plan. As a member of the House committee on Families, Children and Seniors as well as a career advocate for seniors, I am eager to continuing to give voices to these two groups at the state level”Crawford also serves on the House committee on Workforce Talent and Development and said she was excited to see skilled trades a focus in the plan.“It is time that we really focus on students in this state who might be interested in skilled trades but not have the opportunity to learn the skills. Michigan has numerous unfilled positions and now we can foster the talent to fill those positions.”The GOP’s Action Plan for the new legislative session can be accessed at http://gophouse.org/wp-content/uploads/2015/02/ActionPlan_2015.pdf.
Package deregulates air guns, redefines ‘firearm’LANSING, Mich. — State Rep. Jason Sheppard (left) and legislative assistant Jacob McLaughlin (right) join Gov. Rick Snyder for the signing of House Bill 4152, which narrows the definition of firearm to exclude air-powered guns. The bill is Rep. Sheppard’s first signed into law since beginning his freshman term in the Legislature.Gov. Rick Snyder today signed into law a legislative package narrowing Michigan’s definition and regulation of firearms to exclude airsoft, BB, pellet and other pneumatic guns.Included in the package is state Rep. Jason Sheppard’s House Bill 4152, the freshman legislator’s first to receive gubernatorial approval since beginning his first term in the Michigan House of Representatives.“Clarifying what is and isn’t a firearm is crucial to protecting Michigan citizens from accidentally committing somewhat ludicrous crimes,” said Rep. Sheppard, R-Temperance. “Without these new statutes, Michiganders could unintentionally break the law by improperly transporting a BB gun as required under firearm regulations.”Now Public Act 22 of 2015, Rep. Sheppard’s legislation defines firearms as using explosives to fire harmful projectiles and puts Michigan statute on par with federal law. Because airsoft, BB, pellet and other pneumatic guns are powered by air, they will be omitted from the firearm category and freed from stringent firearm regulations.“Air guns should never have been defined as firearms, but I’m glad to have a hand in protecting our neighbors from overreaching laws and making sense of once-irrational statute,” Rep. Sheppard said. “Air-powered guns aren’t used for self-protection or hunting, so the state of Michigan has little reason to regulate them in that way.”Reforming firearm laws was a goal of the House Republican Action Plan to eliminate obstacles created by government. 12May Rep. Sheppard’s first bill approved by Gov. Snyder Categories: Sheppard News,Sheppard Photos
Categories: Frederick News State Rep. Ben Frederick, of Owosso, today introduced legislation to offer families with special-needs children a new service that could be utilized in the event of a lost or missing child.House Bill 4137, Frederick’s first bill, gives the parent or guardian of a special-needs child the option to place a child’s photograph and fingerprints on file with the Michigan State Police and the national Automated Fingerprint Identification Database.“As a parent of special-needs children, I worry about what could happen if either of my kids ever went missing. When a child with special needs is scared and surrounded by strangers they might not be able to communicate effectively,” Frederick said. “This legislation will offer parents some added peace of mind knowing that law enforcement officers are able to run a child’s fingerprints and pull up critical information to reunite them with their family.”Frederick said the program would be strictly voluntary, and photographs and fingerprints could be removed from the system at the request of the parent.In addition, he noted that the fee associated with adding the child to either database would be covered by the parent or guardian.“This is a simple solution that will help Michigan families without costing taxpayers anything,” Frederick said.Similar legislation, sponsored by Sen. Rick Jones, is being considered in the Senate.### 31Jan Rep. Frederick’s first bill protects children with special needs
24Oct Rep. Lucido calls for updates to child abuse sentencing Categories: Lucido News,Lucido Photos,News State Rep. Peter Lucido, of Shelby Township, today spoke during the House Law and Justice Committee in support of his legislation to better protect children by increasing punishment for repeat child abuse convictions.“We simply must improve our protections of our most vulnerable citizens — our children,” said Lucido, who is vice-chair of the committee. “When we have enhanced penalties for repeat first- and second-degree offenders, but not for third- and fourth-degrees then we’re not doing a good job of safeguarding our children from a pattern of behavior with lifelong implications.”A third-degree child abuse violation occurs when an individual “knowingly or intentionally” causes a child to be harmed, while a fourth-degree infraction pertains to reckless actions that leads to the physical harm.House Bill 4486 will stregthen penalties starting with a second conviction, expanding possible prison time up to five years for a third-degree offense and two years for a fourth-degree violation.Current law allows for two-year and one-year sentences for respective convictions.“The current state regulations do not provide enough punishment for someone who places kids in harm’s way over and over and over again,” Lucido said. “Five years in prison sends that message a lot better than two years does.”
29Mar Rep. Lucido reads to local classrooms PHOTO INFORMATION: Rep. Peter Lucido reads to a group of students at Monfort Elementary School.State Rep. Peter Lucido of Shelby Township continued his March is Reading Month tour reading to students at Duncan, Monfort, Amanda Moore, Beacon Tree and Morgan elementary schools and Krambrooke Children’s Center.“Reading is a great way for students to advance their education,” Rep. Lucido said. “It is essential our children embrace reading as part of their development, and I hope everyone will take time to read with their children and invest in their future.”March is Reading Month is an annual educational program designed to recognize the importance of reading inside and outside of the classroom. Categories: Lucido News
Categories: News,Noble News 16Apr Fight to lower car insurance costs in Michigan must continue By State Rep. Jeff NobleAnother painful reminder that we must reform Michigan’s car insurance system will soon be reflected on our bills.The mandatory annual fee we pay to cover catastrophic medical claims through our car insurance will rise to $192 per vehicle on July 1 – a 13-percent increase underscoring everything that’s wrong with Michigan’s out-of-whack system.Michigan is the only state in the nation mandating that motorists buy unlimited health care coverage through their car insurance. It’s the primary reason our average car insurance premium – nearly $2,400 per year – is highest in the nation, more than $1,000 above the national average and twice as high as in some neighboring states.Nothing stops medical providers from charging three or four times more for an MRI if the patient happens to be an auto accident victim. Trial lawyers also love our current system because they can clog our courtrooms with injury cases and line their pockets with hefty percentages of settlement payments.Special interests cash in on a system rigged against Michigan drivers.Enough is enough. Changing this system is a top priority of mine as your representative in the Michigan House. Offering choice in medical coverage options is a starting point for any legitimate reform plan.As we have seen, the special interests profiting from the ridiculously high premiums you are forced to pay don’t want change. But I am committed to fighting them and bringing some sanity to car insurance rates in Michigan.(Rep. Jeff Noble represents the 20th District in the Michigan House, which includes the cities and townships of Northville and Plymouth, and a portion of Canton.)
Categories: LaSata News,News 05Dec Rep. LaSata plan to protect sexual assault victims approved by Senate The Michigan Senate on Tuesday unanimously approved a proposal from state Rep. Kim LaSata, of Bainbridge Township, expanding the capacity of the OK2SAY hotline to accept reports on sexual abuse, assault and rape.OK2SAY was originally established in 2014 as a method of reporting criminal activity at school in an anonymous, confidential fashion. The 24-hour system has since been expanded to include other crimes and received 10,734 reports as of December of last year.House Bill 5539 is part of a landmark, ongoing bipartisan legislative process to increase protections for Michigan’s children and young adults in the wake of the Larry Nassar sex abuse scandal. LaSata helped lead a legislative inquiry into Michigan State University’s handling of Nassar while exploring ways to adopt preventative measures for the future.“It is crucial that students are protected on college campuses and in the halls at school,” LaSata said. “This confidential reporting program has been an effective way to help look into potential crimes and it’s sensible to expand its capability to include other forms of dangerous and horrific acts done onto children. The confidential nature of the reporting also is of assistance to potential victims of sexual assault, who often feel like they have no one to reach out to regarding what is happening.”HB 5539 and five other Nassar-inspired bills move to the governor’s desk for review. Additional measures related to abuse were also signed into law in June.
Share3Tweet10Share2Email15 SharesBy U.S. government [Public domain], via Wikimedia CommonsDecember 21, 2017; FiercePharmaOn November 30th, NPQ wrote a newswire about the Caring Voice Coalition, the first patient assistance charity to have its favorable advisory opinion to be rescinded by HHS for being in too close a relationship with one of the big pharmaceutical companies that act as its donors. Now, one of those donors, United Therapeutics, has achieved its own “first” by settling a related case with the feds for $210 million to resolve kickback allegations in a scheme to market a pulmonary arterial hypertension (PAH) medication through subsidies paid to charity and passed along to patients. In the end, this drives drug prices up. Caring Voice Coalition was the partner named in the scheme.The settlement agreement reveals that United Therapeutics “made donations to CVC’s PAH fund and used it as a conduit to pay the copay obligations of thousands of Medicare patients…to eliminate price sensitivity of patients purchasing or physicians prescribing the subject drugs, and to induce those patients’ purchases.”So far, the list of companies that have disclosed they’re under investigation for patient assistance charity contributions include Johnson & Johnson, Pfizer, Astellas, Gilead Sciences, Celgene, Biogen, and others. Aegerion had previously struck a settlement agreement worth $36 million, partly for its charity contributions, but a judge recently rejected the deal and sent the case to trial.In a statement accompanying the United deal, Chad A. Readler, the principal deputy assistant attorney general at the DOJ’s civil division, said the “settlement shows that the government will hold accountable drug companies that attempt to use illegal kickbacks to defeat mechanisms Congress designed to act as a check on drug pricing and healthcare costs.”Of course, many patient assistance charities and pharmaceutical companies run from the same model, leading observers to believe this case will serve as a precursor to many more DOJ actions to come. But, is that likely to stop anyone in this highly lucrative network of schemes?Caring Voice Coalition saw its corporate contributions rise to $153 million from $131 million in 2015, according to its financial statements, and United brought in $1.6 billion in sales last year. Who knows how that may be affected by the five-year corporate integrity agreement that the company was forced by HHS to sign?—Ruth McCambridgeShare3Tweet10Share2Email15 Shares
Germany’s Federal Cartel Office, the Bundeskartellamt, has approved the acquisition of Baden-Württemberg cable operator Kabel BW by Liberty Global.Liberty Global announced its intention to acquire Kabel BW for €3.16 billion in March 2011. The proposed deal had been opposed by a number of parties, including Sky who pointed to the threat posed by the merger to its distribution deal with Kabel BW. German alternative telecom operator association the VATM had also expressed strong reservations about the proposed merger. However, Liberty Global proposed concessions to the Federal Cartel Office to make the deal acceptable, including removing encryption of digital free-to-air channels and allowing competitors to bid on contracts with housing associations.The merger will see Liberty Global’s subscriber base in Germany increase to almost seven million.Andreas Mundt, president of the Bundeskartellamt, said: “This merger could only be cleared with far-reaching commitments by the companies involved. We now see the chance of more competition in the cable markets. With the obligation to open up large long-term contracts with the housing industry and give up further contractual rights as well as the basic encryption of digital free TV programmes, the negative effects of the merger are compensated.”
Filipino broadcaster GMA Network is launching its international news channel in the Middle East after striking a deal with satellite operator Etisalat.The agreement will see GMA News TV International launched across the region as part of Etisalat’s eLife TV à la carte package. The channel offers the latest news from the Philippines and joins sister networks GMA Pinoy TV and GMA Life TV in the region.
Pan-regional European broadcaster RTL Group saw its first-quarter revenues rise as a result of strong advertising in Germany and France. This comes despite continued decline in southern and eastern Europe. The company, which operates 46 channels in nine European countries, reported a 6.3% rise in revenue in the first quarter of 2012 from €1.24 billion to €1.32 billion. It said that its results were driven by higher revenue at RTL Deutschland, which launched RTL Nitro in April, French commercial broadcaster M6 and FremantleMedia, which recently saw CEO Tony Cohen announce his departure, to be replaced by FremantleMedia North America CEO Cécile Frot-Coutaz.“The advertising markets in the first quarter of 2012 reflected the state of the national economies as they navigate through the Euro crisis. While the German TV advertising market grew significantly in the first quarter, the French market was estimated to be slightly up year-on-year. In the Netherlands and Belgium the markets were down, and in southern and eastern Europe the markets continued to decline strongly,” RTL noted in a statement.
YouTube said that 80% of all site views are now coming outside of the US, with the “global community is driving pop culture unlike ever before.”Announcing the video site’s top videos of the year, YouTube said that comic music video ‘The Fox’ by Ylvis was the top trending video of 2013 with more than 275 million views.The most watched official music video was Gentleman by Gangnam Style singer PSY, which has notched up more than 598 million views since it was published in April.At the same time, YouTube parent company Google announced it has added 10 new apps to its Chromecast media streaming dongle.The HDMI internet TV device, which is currently on sale in North America, now includes apps by Vevo, Red Bull.TV, Songza, PostTV, Viki, Revision 3, BeyondPod, Plex, Avia, and RealPlayer Cloud.
The SCTE will be distributing its quarterly Broadband Journal at ANGA COM and can be found exhibiting in hall 10.2, stand G39. Virgin Media and IPKO were among the 20 international cable operators to receive bursaries and from the Society for Broadband Professionals (SCTE) and the Association of German Cable Operators (ANGA). Granting the bursaries at this year’s ANGA COM conference and exhibition, each bursary winner received a package including pre-paid flights and hotel accommodation for three nights courtesy of the SCTE and entrance to the full conference offering courtesy of ANGA.“The bursary programme is a great example of our successful and long-term cooperation with the international SCTE, which is headquartered in the UK. In addition to the bursary programme, we have developed a congress panel together for many years. This year’s panel will focus on ‘Multiscreen: Streaming Services Enable Any Content @ Any Screen @ Home,’ a topic that is very relevant to the broadband industry,” said ANGA president Thomas Braun.
The Hungarian state has completed the acquisition of local broadcast services provider Antenna Hungária from France’s TDF.State communications industry holding company Nemzeti Infokommunikációs Szolgáltató Zártköruen Muködo Részvénytársaság (NISZ) has closed the acquisition of 100% control of Antenna Hungária, which operates the MinDig digital-terrestrial pay TV service in the country as well as providing transmission services, two months after signing the deal with TDF.The Hungarian administration has adopted a strategy of renationalising businesses it views as of strategic importance, including transmission services.The transaction means that Antenna Hungária has been renationalised nine years after it was sold.TDF took the decision to sell the unit last year, a move in line with its strategy of pulling out of activities in central and eastern Europe.
Pay TV in Portugal achieved modest growth in the year to June to reach 3.25 million subscribers, according to research by national regulator Anacom.According to the research Portuguese pay TV operators collectively signed up 38,200 customers in the second quarter, up 1.2% on the previous quarter. In the year to June, pay TV numbers grew by 104,800, or 3.3%.According to Anacom, the growth was driven by take-up of offers over FTTH/B and DSL services, while cable customers declined marginally. Cable had 42.7% of the overall subscriber base at the end of the second quarter, while xDSL had 22.2%, DTH had 18.2% and FTTH/B had 16.9%.About eight in 10 pay TV subscribers took a service as part of a bundled package. Nos remained the pay TV leader, with a 45.3% share, followed by Portugal Telecom with 41.9%, Cabovisão with 6.7%, and Vodafone with 5.9%.Only about 18.6% of pay TV subscribers took premium channels, down 0.9% quarter-on-quarter.
The 700 MHz spectrum-band has been reallocated from broadcast to mobile use in Europe, Africa, the Middle East and Central Asia, the ITU has confirmed.In a decision made at the currently in-session World Radiocommunication Conference (WRC-15), the 694-790 MHz frequency band in ITU Region-1 will be allocated to mobile broadband. The International Telecommunication Union (ITU), which organises the WRC-15 event, announced the news in a statement.The ITU said that the decision will help bring about a “globally harmonised solution for the implementation of the digital dividend” after a similar decision was made at the WRC in 2007 for ITU Region-2 (Americas) and Region-3 (Asia-Pacific).“The WRC-15 decision represents a landmark in the development of broadband mobile on a worldwide scale, regardless of location, network or terminal used. It goes a long way in enabling bridging of the digital divide, while fully protecting the other services currently operated in the band,” said ITU secretary-general Houlin Zhao.François Rancy, the director of the ITU Radiocommunication Bureau added: “The global harmonisation of the 694-790 MHz frequency band that has been decided by WRC-15 paves the way for manufacturers and mobile operators to offer mobile broadband at an affordable price in currently underserved areas.”The ITU said that the provisions adopted by WRC-15 provide “full protection” to television broadcasting, as well as to aeronautical radionavigation systems operating in this frequency band.In a statement issued yesterday the European Broadcasting Union (EBU) said that discussions about the future use of the UHF band often revolve around the question as to whether or not terrestrial broadcast networks will still be needed in the future.“For the broadcast industry and the majority of participating administrations, the answer is a resounding ‘yes’. Terrestrial broadcast networks deliver a substantial economic, social and cultural value which cannot easily be replicated on other platforms,” said the EBU.“The UHF band is the only globally harmonised spectrum for terrestrial broadcasting. A clear decision to keep this allocation unchanged for the foreseeable future would encourage investments in further development of broadcasting technology, networks and services, thus preserving and potentially increasing the value of the DTT platform,” it added.The Europe-wide reallocation of 700MHz from broadcast to mobile broadband was expected to be confirmed at WRC-15, after WRC-12 set the scene for a major reallocation of spectrum.In September last year, Pascal Lamy, the European Commission’s chairman of the high level group on the future of the Ultra High Frequency (UHF) spectrum, issued a report on the use of the UHF band that recommended that the 700MHz band (694-790MHz) should be dedicated to wireless broadband across Europe by 2020 – give or take two years.