FASTTAKES: StarHub, China Mobile, Chunghwa, RCom, HP, Cisco

Staff Writer
07 May 2010

StarHub reported a lower than expected Q1 net profit of $43 million, down 48% year on year, due to a 93% jump in handset costs. Revenues grew 5% to S$557 million.

China Mobilehas launched its e-reader service, which it reportedly hopes will attract more than 200 million users “in the near future,” reports China Daily.

Chunghwa Telecom plans to deploy a cloud computing test center for hardware vendors and software developers in northern Taiwan, reports Digi Times.

The Indian government is investigating Hewlett-Packard over alleged evasion of $322m in taxes, WSJ reported.

Former Compaq chief Michael Capellas has been appointed CEO of private cloud computing firm Acadia, a Cisco-EMC joint venture.

Reliance Communications is wooing prepaid CDMA users by offering 3,000 minutes of free local or STD calls a month.

User-driven news site Digg will shed 10% of its staff in order to cut costs, NY Times reported.

Skype has unveiled new calling plans for more than 170 countries that slash subscriptions by up to 60% to as low as $1.09 per month compared to Skype’s standard Pay As You Go rates.

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