FASTTAKES: Apple, HP, China Telecom, Verizon, ACCAN

Staff writer
21 Sep 2010
Daily News

Apple has signed content management software firm Rovi to a multi-year contract. Details were not available, but analysts suggested Apple would use its technology to boost iTunes or Apple TV.

HP and Oracle have settled their lawsuit over Oracle’s appointment of Mark Hurd, the recently-departed HP CEO, as president.

China Telecom will provide ten hours free Wi-Fi each month to all of its mobile subscribers until December 31, reported.

After growing just 2.2% in 2009, global telecom revenue will increase 6% in 2010 thanks to the mobile sector, Ovum has forecast.

Verizon has named Lowell McAdam – currently Verizon Wireless CEO – as president and COO, making him favorite to succeed Ivan Seidenberg in the CEO post next year when he is expected to retire.

Three Australian consumer groups – ACCAN, AFCCRA and ACOSS – have jointly complained to regulator ACMA over the cost of calling “freecall” numbers from mobile phones, which they say costs A$7.50 ($7.10) for eight minutes.

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