Webwire: Huawei buys Symantec's half in JV; CBI probes SingTel
November 15, 2011
Huawei will pay $530 million to buy out Symantec's 49% stake in Huawei Symantec, a joint venture that markets security solutions mainly to Chinese corporations.
SingTel is under investigation by Indian state investigator CBI, over allegations the operator offered ILD services in India without an operating licenses.
Telecom NZ plans to launch a new mobile brand, Skinny Mobile, by the end of the year, and has appointed Paul O'Shannessy to lead up the new operation.
Samsung has decided not to file a court bid seeking an injunction on the iPhone 4S in South Korea, in a move which appears to be driven by PR concerns.
Jirayuth Rungsrithong, president of Thai state-owned operator CAT Telecom, has tendered his resignation.
Google has published the source code for Android Ice Cream Sandwich, in the first public release since the company elected not to reveal the source for Honeycomb.
Telecom Egypt reported a 21%, decrease in Q3 profit, and a 10% decline in operating revenues, blaming the result on economic uncertainty, and depressed tourism and business activity.
The GSMA has called on African governments not to impose levies on mobile services, warning that taxation impedes growth and could keep prices out of reach for some of those who need access the most.
Jack Narcotta/Technology Business Research
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