Telecommunications Sector
India charges mobile firms over 2002 spectrum award
Dec 21, 2012 10:04 EST
Indian police Friday filed criminal charges against Bharti Airtel, India's top mobile phone firm, and Vodafone's Indian arm as part of a sprawling probe into alleged corruption in spectrum allocation.
EU says to set out anti-trust case against Samsung soon
Dec 20, 2012 18:51 EST
The EU will set out its case against Samsung Electronics "very soon" following an anti-trust probe of the smartphone and mobile tablet market, Competition Commissioner Joaquin Almunia said Thursday.
BlackBerry maker RIM ekes out profit, tops forecasts
Dec 20, 2012 17:19 EST
BlackBerry maker Research in Motion on Thursday reported a small profit after three consecutive quarterly losses, offering some optimism for the struggling smartphone maker.
Deutsche Telekom CEO to step down end-2013
Dec 20, 2012 10:16 EST
German telecoms giant Deutsche Telekom said on Thursday that its chief executive Rene Obermann would step down early, at the end of 2013, and was being replaced by its finance chief.
Samsung is top 2012 phone brand, ousting Nokia
Dec 18, 2012 15:51 EST
Samsung has overtaken Nokia as the top mobile phone brand for 2012 and has opened up a decisive lead over Apple in the smartphone market, a research firm said Tuesday.
Sprint seals deal for Clearwire with sweetened offer
Dec 17, 2012 15:21 EST
Sprint said Monday it has reached a $2.2 billion deal to acquire the remaining shares it does not own in Clearwire, giving the number three US carrier valuable spectrum for expansion plans.
Small investors shun India's Bharti Infratel IPO
Dec 15, 2012 12:13 EST
Small investors largely shunned an IPO by the tower arm of Indian telecom firm Bharti, aimed at raising $845 million, but the issue was fully subscribed thanks to institutional buyers, data showed Saturday.
89 ITU members sign controversial UN telecom treaty
Dec 14, 2012 12:20 EST
A controversial new global treaty on telecom regulations was signed Friday by two thirds of International Telecommunication Union members despite US objections to potential regulation of the Internet.
89 nations sign controversial UN telecom treaty
Dec 14, 2012 08:59 EST
A controversial new global treaty on telecom regulations was signed on Friday by 89 International Telecommunication Union member states despite US objections to potential regulation of the Internet.
Asian markets mixed after Fed move
Dec 14, 2012 05:36 EST
Asian stock markets were mixed on Thursday as the US Federal Reserve announced fresh monetary easing and said it would not lift interest rates until unemployment was under control.
US rejects UN telecom treaty over Internet rift
Dec 13, 2012 16:47 EST
The United States is refusing to sign a telecom treaty at a UN gathering in Dubai because it opens the door to governmental regulation of the Internet, the US delegation chief said Thursday.
Sprint offers $2.1 bn for full control of Clearwire
Dec 13, 2012 14:30 EST
Sprint is offering $2.1 billion to buy the remaining shares in mobile broadband supplier Clearwire, a move which could give the number three US mobile carrier needed spectrum to expand.
Asian markets mixed after Fed move
Dec 13, 2012 14:12 EST
Asian stock markets were mixed on Thursday as the US Federal Reserve announced fresh monetary easing and said it would not lift interest rates until unemployment was under control.
US agency gives BlackBerry a second chance
Dec 13, 2012 11:46 EST
A US government agency will give Research in Motion's new smartphone a second look after announcing last month it was dumping the BlackBerry and supplying its workforce with iPhones instead.
Stalemate in latest European rugby talks
Dec 12, 2012 12:44 EST
Discussions about the future format of European club rugby competitions ended in stalemate on Wednesday, following another meeting of European Rugby Cup (ERC) stakeholders.
Huawei to open R&D centre on Nokia's home turf
Dec 10, 2012 10:01 EST
Chinese telecom firm Huawei announced on Monday plans to invest 70 million euros ($90 million) to open up a research and development centre for smartphone and tablet software in Finland, home to rival Nokia.
Taiwan's Hon Hai delays opening plant in Indonesia: report
Dec 06, 2012 17:03 EST
Taiwanese technology giant Hon Hai Precision has postponed construction of a mobile phone factory in Indonesia which was to have begun by the end of this year, a report said Thursday.
French-Tunisian businessman to buy Egyptian TV network
Dec 05, 2012 14:10 EST
French-Tunisian producer and financier Tarak Ben Ammar announced in Milan on Wednesday that he will buy the ONTV Egyptian television network which belongs to Egyptian billionaire Naguib Sawiris.
Nokia Siemens axes services unit, 1,000 jobs at risk
Dec 05, 2012 12:41 EST
Nokia Siemens Networks, a joint venture between Finnish and German engineering giants Nokia and Siemens, said Wednesday it is shutting down one of its German units with the potential loss of 1,000 jobs.
Nokia to sell and lease head office outside Helsinki
Dec 04, 2012 16:15 EST
Finnish mobile phone maker Nokia, which faces cash-flow problems, said on Tuesday it had agreed to sell and lease back its head office building outside Helsinki for 170 million euros ($222 million).
