FASTTAKES: Motorola, Telenor, KDDI, Sina.com

Staff writer
11 Feb 2010
00:00

Motorola no longer plans to sell its settop box and wireless-network arm as one unit, said the WSJ. Rather, the firm intends to auction its wireless-network business, and separately spin off a new combined settop box and core handset unit.

Telenor has paid 20.2 billion rupees ($435.7m) for an additional 7.15% stake in Indian mobile operator Unitech Wireless. The deal takes Telenor’s stake in the firm to 67.25%.

KDDI has decided to spin off some of its planned 37.8% stake in Jupiter Telecom (JCom) to a trust bank as a way to avoid triggering a general offer for the firm, said the Nikkei.

A limited email service has been restored in Xinjiang in northwest China, where email and virtually all web access have been cut since July, China Dailyreported. The service is offered by sina.com.cn, and requires users to register at the site.

India’s regulator on Wednesday began industry talkson whether it should launch a full-scale consultation process on licensing 4G spectrum.

Research firm Ovum predicts global mobile connections will reach a higher-than-previously forecast 6.49 billion in 2014, with revenues of $1.04 trillion.The forecast upgrade is driven by Asia-Pacific, which is expected to account for 63% of global net additions between 2009 and 2014.

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