Reuters – China took another step toward its long-cherished goal of operating high-speed telecoms services, with China Mobile (0941.HK) dishing out over $4 billion of deals and smaller rival Unicom (0762.HK) hoping to win a 3G license soon.
Archive for November 18th, 2008
AP – A Siberian appeal court is scheduled Tuesday to consider a ruling that could lead to the temporary seizure of Norwegian Telenor’s ownership in Vimpelcom, Russia’s second largest mobile phone company.
Reuters – Software maker Adobe Systems and chip designer ARM Holdings will collaborate to bring better Web services to ARM-powered devices including cellphones from most of the world’s biggest handset makers.
Reuters – U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers’ reluctance to spend will push the economy into an even deeper downturn than currently expected.
Reuters – Top handset maker Nokia Oyj said on Friday the world’s mobile phone market would fall in the fourth quarter and next year as an economic slowdown crimps consumer demand around the world.
Reuters – Thailand’s third largest mobile phone firm, True Move, a subsidiary of True Corp, said on Thursday it had signed a deal with Apple Inc to sell the 3G iPhone in Thailand.
NewsFactor – AT&T Wireless Services has fired up a new 3G smartphone from HTC that combines a slide-out QWERTY-style keypad with a 2.8-inch touch-sensitive screen and intuitive one-touch access to selected functions. The HTC Fuze will let users navigate from one place to the next by touching, holding and sliding screen tabs.
AFP – Microsoft Corp. is close to a deal with Verizon Wireless to become the default search provider on the wireless carrier’s cellphones, The Wall Street Journal reported on Wednesday.
Reuters – Microsoft Corp is moving closer to an agreement with Verizon Wireless to become the default search provider on the wireless carrier’s cell phones, the Wall Street Journal said, citing people familiar with the discussions.
AFP – British mobile phone giant Vodafone posted a 35-percent slump in first-half net profit on Tuesday and booked a hefty loss on the value of its Turkish business.