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Samsung shares struggle on concerns Apple may be buying fewer chips
Shares of Samsung Electronics Co. continued their slide Thursday morning on continued speculation that Apple Inc. may be buying fewer mobile memory chips from the South Korean giant after a media report said earlier this week Apple has placed...
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Deutsche Telekom, union reach wage agreement for T-Systems staff
German services labor union ver.di and Deutsche Telekom AG said Tuesday they have reached a wage agreement for about 18,500 workers at its T-Systems unit. T-Systems staff will receive three pay increases worth a total of about 6.5%...
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Zain Jordan to invest $120m in infrastructure, technologies
CEO says telco's 2012 investment will be slightly down on 2011. Zain Jordan, a unit of Kuwait's Mobile Telecommunications Co., plans to invest 85 million Jordanian dinars ($119.4 million) this year in infrastructure, network and new technologies, the...
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Hungary mobile operators slam govt telecoms tax bill
Hungary's mobile operators Monday slammed a government bill to tax operators on voice traffic, deeming it a direct successor to sectoral levies the government agreed to phase out from 2013. As part of a fiscal overhaul program, the...
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MTN, Vodacom consortium launches west Africa undersea cable
$650 million submarine network system provides extra 400 Gbps of capacity. South Africa's MTN Group Ltd. said Friday's launch of a submarine cable running from Cape Town to London will significantly increase broadband capacity along the western coast of Africa....
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T-Mobile USA chief quiet on M&A speculation
Philipp Humm says operator still working with German parent to strengthen the business. The chief executive of T-Mobile USA said he won't comment on merger speculation and said the wireless carrier is focused on making its business stronger. Bloomberg...
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India may hit Vodafone with $3.75bn tax bill after law change
Senior government official confirms plan to levy tex bill, plus penalty and interest, on U.K. mobile operator.India plans to demand about $3.75 billion in taxes from Vodafone Group PLC if parliament approves a law to retroactively tax overseas mergers...
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