FASTTAKES: TI, Hutchison Whampoa, Apple, Tata Comm, Cisco, Huawei, TXTPower, GSMA

Staff Writer
10 Sep 2009

Texas Instruments has raised its forecast, expecting revenue to fall in the $2.73 - $2.87 billion range, up from $2.50 - $2.80 billion previously posted. Earnings per share are likely to be between 37 and 41 cents, compared with the previous range of 29 – 39 cents.

Hutchison Whampoa is seeking to raise $3 billion from US dollar bonds, up from the original $2 billion, WSJreported.

Apple has launched iTunes 9, as well as new models of the iPod Touch, and the iPod Shuffle.

India's Tata Comm has established a tier 1 PoP in Kenya in conjunction with corporate ISP AccessKenya Group.

Cisco has reappointed former Vodafone CEO Arun Sarin to its board. Sarin previously served as director from 1998 to 2003.

Huawei has launched its SingleMetro platform, which the company says will allow operators to smoothly upgrade from triple-play to multi-play services.

Philippine consumer group TXTPower has called for a taxpayers' revolt over the Arroyo administration's proposed text messaging tax.

The GSMA has given its endorsement to 3GPP mobile video standard Integrated Mobile Broadcast (IMB).

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