Telecommunications Sector
T-Mobile deal with MetroPCS get regulators' OK
Mar 21, 2013 14:39 EDT
T-Mobile USA's deal to merge with smaller telecom carrier MetroPCS has cleared all regulatory hurdles in the United States, the companies announced Thursday.
China Unicom 2012 net profit jumps 68%
Mar 21, 2013 06:38 EDT
China Unicom on Thursday reported that net profit for 2012 soared 68 percent, driven by a strong increase in revenues from the company's third generation mobile services.
India a laggard in Internet revolution: Google chairman
Mar 21, 2013 02:44 EDT
Google chairman Eric Schmidt has warned that India is lagging badly behind in harnessing the power of the Internet because of its failure to invest in high-speed telecom networks.
China Telecom 2012 net profit slumps 9.5 percent
Mar 20, 2013 02:07 EDT
China Telecom said Wednesday its net profit dropped 9.5 percent for 2012, compared to a year earlier, due to intensifying market competition and increasing costs.
India court summons Bharti boss in mobile spectrum case
Mar 19, 2013 12:54 EDT
An Indian court on Tuesday ordered Sunil Bharti Mittal, the billionaire head of India's biggest mobile firm Bharti Airtel, to appear in court on corruption allegations over the 2002 allotment of telecom airwaves.
Bharti boss summonsed in mobile spectrum case
Mar 19, 2013 11:11 EDT
An Indian court on Tuesday ordered Sunil Bharti Mittal, the billionaire head of India's biggest mobile firm, to appear in court to face corruption accusations over the 2002 allotment of telecom airwaves.
Malone's Liberty Media buys Charter cable stake
Mar 19, 2013 11:03 EDT
Tycoon John Malone's large holding company Liberty Media announced Tuesday it had agreed to lead an investment for a 27.3 percent stake in cable operator Charter Communications for $2.6 billion.
US stocks fall on Cyprus bailout worries
Mar 18, 2013 18:13 EDT
US stocks fell for a second straight day Monday as the Cyprus banking crisis sent jitters through markets.
US top court rejects appeal in $220,000 piracy case
Mar 18, 2013 18:11 EDT
The US Supreme Court refused Monday to take up the case of a woman ordered to pay a $220,000 fine for illegally downloading music off the internet.
FBI phone snooping tactic ruled unconstitutional
Mar 15, 2013 19:49 EDT
A US judge has ordered the FBI to stop its "pervasive" use of National Security letters to secretly snoop on phone and email records, ruling Friday that the heavily used tactic was unconstitutional.
Verizon-backed Redbox launches streaming service
Mar 15, 2013 09:40 EDT
In a challenge to instant video leader Netflix, telecom giant Verizon and rental group Redbox have launched a streaming video service for US customers.
Vivendi shares drop after GVT sale falls through
Mar 15, 2013 06:39 EDT
Shares in the French media group Vivendi fell by almost three percent on Friday after the US satellite television operator DirectTV said it was no longer interested in buying Vivendi's Brazilian telecommunications unit GVT.
Blast at Pakistan television office kills three: officials
Mar 14, 2013 18:33 EDT
A remote controlled bomb at a television network office in the Pakistani city of Karachi has killed three people and wounded five others, officials said Friday.
China Mobile 2012 growth slows to 2.7%
Mar 14, 2013 03:34 EDT
China Mobile, the world's biggest mobile operator by subscribers, on Thursday said its 2012 net profit slowed to 2.7 percent, blaming intensified competition in the country.
Skype in hot water in France after failing to register
Mar 12, 2013 14:13 EDT
France's telecommunications monitor Arcep said Tuesday it had asked prosecutors to launch a probe into Microsoft subsidiary Skype for failing to register as a telecommunications firm despite several reminders.
Court dismisses Nokia patent claims against HTC
Mar 09, 2013 03:33 EST
Taiwan's top smartphone maker HTC said on Saturday a German court had dismissed two patent infringement complaints brought against the company by Finnish phone giant Nokia.
Czechs axe 4G tender, says bids too high
Mar 08, 2013 16:00 EST
The Czech CTU telecommunications watchdog said Friday it had cancelled its first-ever auction of fourth-generation mobile frequencies, saying the bids it had received were too high and would mean overly high service costs for future consumers.
Indonesians working for China's Huawei on strike
Mar 08, 2013 06:51 EST
Indonesians working for Chinese telecom firm Huawei joined a strike Friday over claims their employer broke labour laws, in the latest industrial action to hit a foreign company in Indonesia.
Hackers assault Czech mobile operators
Mar 07, 2013 07:54 EST
Hackers assaulted the websites of mobile operators in the Czech Republic Thursday, the latest in a string of attacks this week which have also hit online media and banks.
iPhone extends gains in US market: survey
Mar 06, 2013 18:22 EST
Apple's iPhone gained ground in the US market over the holiday season and early 2013, outpacing Samsung and other smartphone makers using the Android operating system, a survey found Wednesday.
