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FASTTAKES: Harbinger, Sina, M1, Telstra, HTC

12 Nov 2010
00:00
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US hedge fund Harbinger – the prime backer of the $7b LightSquared 4G project – has been hit by the withdrawal of funds by key investors such as Goldman Sachs and the Blackstone Group.

MSN China has signed an agreement with Sina, China’s biggest news and blog site, linking the accounts of users of both firms.

Singapore's M1 has launched 1box, a plug-and-play multimedia device to bring internet connectivity and VoD to HDTVs.

Indian telecom minister A Raja is under pressure to resign over his role in the sale of 2G spectrum, allegedly at excessively low prices.

Telstra has reported a shell company to Australian investment regulator ASIC for making two unsolicited offers for Telstra shares, including one for significantly below the current market value.

Half of the 6,000km of fiber being rolled out under the Australian government's regional backbone blackspots scheme has now been deployed.

HTC has unveiled two new smartphones based on Windows Phone 7 for the Hong Kong market.

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