FASTTAKES: Maxis, Sony Ericsson, Vodafone Hutchison, LGE, GTL, IBM

Staff writer
18 Jun 2010


Malaysian operator Maxis is seeking to raise up to 4.5 billion ringgit ($1.4b) to upgrade its network and pay back debt, CFO Rossana Rashidi said


SonyEricssonsaid it plans to roll out its Android-enabled smartphone, the Xperia X8, in Q3. quarter.


Vodafone Hutchison Australia has lined up A$3b ($2.56b) from a syndicate of banks to refinance loans taken out when it merged a year ago.


LG Electronics intends to open 100 branded retail outlets in India, according to Business Standard.


The Bangladeshi government’s latest budget makes no mention of plans to abolish the country’s notorious SIM card tax, despite the telecoms ministry advocating that tax be at least reduced, reports the Financial Express.


GTL Infrastructure has received approval from the Chennai High Court to acquire Aircel’s tower assets, reports Business Standard.


IBM said it was offering new software and services to help mobile operators maintain their critical data and cell sites. 


Reliance Globalcom will add a new Japanese PoP at Equinix’s Toyko-2 (TY2) International Business Exchange, enabling the data center’s Tokyo customers to directly access Reliance’s VPLS network.


Staff writer

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