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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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India government withdraws telecom case review petition
Government earlier sought review on aspects of Supreme Court's licence cancellation order.The Indian government Tuesday unexpectedly decided to withdraw its petition in the Supreme Court seeking to review certain aspects of the court's earlier ruling that ordered cancellation of...
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Nokia to exit mobile money business
Finland-based Nokia Corp., the world's largest handset maker by unit shipments, said Monday it is planning to shut down its Mobile Financial Services business, including a Nokia Money service launched recently in India, as part of its strategy to...
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Media tablets to be fourth largest market for semiconductors by 2014
IHS expects sales of chipsets for tablets to reach $18.2 billion in two years time. Media tablets are set to become the world's fourth-largest application for semiconductors by 2014, led by Apple Inc.'s iPad, said industry researcher IHS...
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Huawei beefs up design team, to launch more high-end smartphones
China's Huawei Technologies Co., which makes mobile devices and telecom equipment, is beefing up its design team as it aims to raise the profile of its own-brand phones, and plans to launch more mid- to high-end smartphones later this...
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Telefonica to invest up to €75,000 in 10 UK start-ups
Telefonica announced on Wednesday that it will invest between €50,000 and €75,000 in return for a 10% stake in innovative start-ups, as its Wayra initiative comes to the U.K. The scheme is designed to encourage local innovation and...
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