FASTTAKES: Samsung, CamGSM, MySpace, Grameen, BSNL

Staff writer
05 Nov 2010
00:00

Samsung expects to sell more than 40m smartphones worldwide in 2011, double the projection for 2010, the Nikkei business daily reported.

Cambodian cellco CamGSM will borrow $591m from Chinese banks to buy Huawei gear. It is Cambodia’s biggest vendor financing deal.

MySpacemust improve its financial performance “in quarters, not in years,” or its days are numbered, according to Chase Carey, president of owner News Corp.

The Grameen Foundation, Qualcomm and Bakrie Telecom have opened an application lab in Indonesia, focusing on the needs of the poor.

New Zealand politicos have tightened controls on the nation's proposed “three strikes” style antipiracy bill, which will now require the Commerce Minister to personally approve applications to suspend the internet connections of repeat offenders.

India's BSNL has revealed it launch 3G services in 120 more cities nationwide by the end of December, bringing its total coverage to 640 cities.

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