FASTTAKES: NTT DoCoMo, Google, Foxconn, Optus, Pacific Crossing, NSN

Staff writer
03 Aug 2010

NTT DoCoMo has bought multimedia software firmPacketVideo from NextWave Wireless, agreeing to pay $111.6 million for the 65% it didn’t already own. The Japanese carrier – which acquired 35% of PacketVideo in July 2009 - expects the deal to close by September 30.

Google’s new Q&A service was inaccessible yesterday to mainland China users, WSJ reported.

Foxconn began production of iPhones at a new $100m factory in Henan, central China – its first away from the southern coastal provinces. Foxconn has resumed manufacturing at its Indian plant, after work was suspended following health complaints from workers.

Optus has begun a A$25m ($23m) cable broadband upgrade for the Australian east coast, with plans to offer speeds of up to 75Mbps.

Pacific Crossinghas upgraded its trans-Pacific PC-1 cable from 1Tbps to 1.3Tbps, the NTT Com-backed company said. A further upgrade is scheduled for later in 2010.

HP has settled with the US Department of Justice over a kickback investigation. The settlement is likely to impact earnings by around 2 cents per share, but is not an admission of guilt, the company said.

Related content

Follow Telecom Asia Sport!
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.