FASTTAKES: HP, Vodafone, Grameenphone, Apple, Qwest

19 Aug 2009

HP’s net profit declined 19% to $1.6 billion during the quarter ending in July, on 2% lower revenue of $27.5 billion. But the result still beat analysts' expectations.

Vodafone has granted IT vendor EMC preferred vendor status for all storage-related products in its European markets. The deal has a term of three years.

Grameenphone has commissioned Huawei to install Bangladesh's first solar powered mobile base stations.

Apple is investigating reports of exploding iPhones, but believes them to be isolated incidents, according to the European Commission.

Wi-Fi chipset vendors will ship 1 billion units in 2011 alone, according to ABI Research.

The Philippine government is considering a five centavo ($0.001) tax on every SMS message sent.

US operator Qwest has given its customers notification that they have 60 days to switch to a new wireless provider, as the company winds up its wireless business.

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