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Major business events and economic events scheduled for Friday:

MTN to Invest $200 Million in Undersea Cables, Business Day Says (Bloomberg)

March 12 (Bloomberg) -- MTN Group Ltd. plans to invest about $200 million in submarine cables to increase bandwidth capacity at its Africa and Middle East operations, Business Day reported, citing Chief Executive Officer Phuthuma Nhleko.

Business

ACORN gives up Ohio business license, won't return (AP via Yahoo! News)

The community organizing group ACORN has agreed to give up its Ohio business license and not return under another name, as it has in other states, under a settlement struck with a libertarian center that sued it.

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