Webwire: UK's EE launches LTE; NSN confirms plan for BSS unit sale

Staff writer
12 Sep 2012
00:00

UK's first LTE network goes live

UK mobile joint venture Everything Everywhere has launched the nation's first 4G service. The operator aims to reach 16 cities with the network by the end of the year, and achieve 98% population coverage by 2014.

The Guardian

NSN confirms seeking buyer for BSS unit

Nokia Siemens has confirmed rumors that the vendor is seeking to sell its BSS unit, and revealed it is also on the hunt for a buyer for its applications business.

Wall Street Journal

Huawei to invest $2.1b in UK

Huawei has committed to invest around £1.3 billion ($2.09 billion) in the UK, partly for an expansion of an R&D center in the east of England. The company also plans to double its workforce in the nation to 1,000 by 2017.

Financial Times

Foxconn accused of exploiting student labor

Foxconn is back in the spotlight regarding its labor conditions, over allegations that some student interns are forced to work at the plants by their teachers.

New York Times

India's Trai predicts end to mobile price wars

The chairman of Indian telecom regulator Trai has predicted an end to the nation's aggressive and self-destructive mobile tariff wars within the next 3-5 years, once operators start consolidating due to poor margins and liquidity.

Press Trust of India

Zuckerberg comments on Facebook stock slide

Facebook CEO Mark Zuckerberg has commented for the first time on the sharp decline in the company's share price since its IPO, calling the drop “disappointing” - but also implying that investors are underestimating Facebook's ability to monetize the mobile platform.

BBC News

Google launching new YouTube app for iOS

Google has launched a new advertising-supported YouTube app for iPhones. Google needs an alternative as YouTube apps will no longer be preloaded on iOS devices, due to Apple choosing not to renew its license with its ally-turned-rival.

Reuters

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