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Webwire: BSNL loss grows 50%, Softbank wins in sub gains

11 Apr 2011
00:00
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BSNL's annual loss widens 50%

Indian state-owned operator BSNL is expecting to post a loss of about 27.25 billion rupees ($618.2 million) for the year ending in March, a 50% increase from the year before. The government is already mulling merging BSNL with sister MTNL due to the run of losses at both.

Economic Times

Softbank wins by subscriber gains in FY10

Japan's Softbank took the top spot in terms of mobile subscriber gains for the year ending in March, dethroning the previous year's winner NTT DoCoMo.

Japan Today

Microsoft to spend 90% of R&D budget on cloud

Microsoft plans to spend $8.64 billion this year – 90% of its annual R&D budget – on cloud computing.

GigaOM

China Unicom shares surge on UBS forecast

Shares in China Unicom grew to the highest point in over two years after financial services firm UBS raised its forecast for the company's share price, citing expectations of “explosive 3G growth.”

Bloomberg

Optus begins commercial femtocell trial

Australia's Optus has commenced a commercial trial of femtocell technology, and plans to use the products to try to lure more customers from Telstra's fixed line phone business.

The Australian

Quake disrupts Sony Ericsson phone launch

Sony Ericsson has delayed the wide-scale launch of its Xperia Neo handset due to supply chain problems caused by the Japan earthquake, but has still introduced the device in “limited quantities.”

Wall Street Journal

Russia denies plans to ban Gmail, Skype

Russia's security service has moved to douse rumors it plans to ban services including Skype and Gmail, following a comment by one of its top officials that he was growing “increasingly concerned” about services using foreign encryption technology.

AFP

YouTube debuts live stream page

YouTube has launched a page full of live streaming links, in response to what it says is growing demand from its users for live feeds.

Reuters

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