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Webwire: BSNL targeted by cable thieves; Elliott buys C&WW stake

27 Mar 2012
00:00
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BSNL targeted by cable thieves

Indian state-owned operator BSNL seems to be the target of a co-ordinated racket - involving some staff members - to steal fiber cables in areas undergoing maintenance and roadworks.

Deccan Chronicle

Elliott acquires stake in C&W Worldwide

Hedge fund Elliott Management has reportedly started acquiring a stake in Cable & Wireless Worldwide, which may affect the brewing bidding war for the operator between Vodafone and Tata Communications.

RTT News

NFC phone sales to hit 100m this year: Berg

Research firm Berg Insight expects 100 million NFC-enabled smartphones will be sold this year, up from 30 million in 2011. Sales are also forecast to reach 700 million by 2016.

Reuters

Facebook bolsters defenses with IBM patents

Facebook has snapped up 750 IBM patents covering networking and software, as it seeks to build its defenses against a Yahoo patent suit.

Wall Street Journal

Yahoo names new directors

Yahoo is responding to shareholder pressure with the appointment of three new independent directors.

Bloomberg

Nokia to sell $100 Windows Phone

Nokia plans to sell a $99.99 Windows Phone in the US through operator AT&T, in a challenge to Apple's and Android's dominance of the market.

Bloomberg

iiNet, Internode sharing unmetered content

Australian ISP iiNet and recently-acquired subsidiary Internode have arranged to offer their respective content libraries unmetered to each others' subscribers.

Computerworld Australia

Angry Birds Space hits 10m downloads

Rovio's new Angry Birds Space mobile game was downloaded 10 million times in less than three days on the market.

TechCrunch

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