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THE WRAP: Vodafone exits China, more Google probes

10 Sep 2010
00:00
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This week Vodafone gave up on China and faced tax trouble in India, while the probes against Google mounted.

Vodafone sold out of China Mobile for $6.6 billion, roughly double the value of the stakes it bought in 2000 and 2002.

It promised an appeal after losing a $2.6 billion tax case in India over its acquisition of Hutchison’s Essar stake in 2007.

Google, already under scrutiny of the Street View collection of private data, faced an antitrust probe from the US Department of Justice over its acquisition of travel software firm ITA, and another one from the Texas Attorney General over page rankings.

Reliance Communications called off its planned $9 billion mobile tower sale.

The Australian NBN will begin its rollout in the countryside after the Labor government was returned to power with the support of rural MPs.

IDC lifted its smartphone forecast after new Android and iPhone launches sparked heavier than expected demand.

For the first time, Apple published guidelines for approval of app store apps. Samsung and LG prepped dual-core smartphones with Samsung about to showcase its new Orion processor.

SmarTone’s profit soared on the back of mobile data growth and the end of the territory’s fixed-mobile interconnect fees.

 

European operators are seven years behind Asia and the US in FTTx deployment, Arthur D Little warned.

 

Google sped up its internet search engine with a new feature that displays results as soon as users type in queries. It expects to launch Google TV in the US by year-end and worldwide during 2011.

 

BSNL is plotting a possible switch of its Wimax networks to LTE should LTE become successful.

 

Hong Kong operators promised 99.99% uptime for mobile broadband. The IDA set out the rules for Singapore’s November 15 3G auction.

 

Telstra set a price range for its SouFun IPO of $810-$850 million.

 

Experts warned that LTE’s higher cell density could lead to higher costs.

 

Sybase 365 said it had delivered more than 1 trillion inter-operator messages since opening its first SMS hub in 2001.

BT appointed Stephen Yeo to head its southeast Asian operation, and announced plans to hire 300 new staff across Asia.

 

Networking firm Ciena widened its quarterly loss and said it would cut up to 140 jobs from operations outside North America.

 

Ericsson bought US consultancy inCode.

 

US civil rights groups challenged a policy allowing border officials to search visitors’ laptops and smartphones.

 

And an imprisoned Japanese reporter in Afghanistan tweeted with his captor’s phone.

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