Fasttakes: Bharti Airtel, NTT Com, Thaicom, Huawei, Citic 1616, Apple

Staff Writer
12 Aug 2010
Daily News

Bharti Airtel has bought Telecom Seychelles for $62m, the Times of India reports.

NTT Communications will acquire Secode to shore-up its position in the Nordic managed services market. The purchase is being brokered by NTT’s German subsidiary.

Thaicom has reported a 151 million baht ($4.7m) net loss in the June quarter, due partly to fierce price competition in the Cambodian market.

SingTel has upgraded its IP backbone network with Huawei's NE5000E 1+2 router cluster system to support services ranging from VoIP to IPTV.

Hong Kong-based Citic 1616 increased its net 1.3% to HK$180m ($23m) despite revenue declining 3.2%.

Apple Japan has promised to replace iPod nano units which overheat, after reports of fires caused by overheating spread through the Japanese market.

Dell will launch its Streak tablet in the US tomorrow, but only customers who pre-ordered the iPad rival will be allowed to buy it. Other customers must wait until Friday to pick up the device, which costs $300 (€227) from AT&T or $550 contract-free, reports.

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