FASTTAKES: Virgin Mobile India, Telecom New Zealand, SK Telecom, Harris Stratex Networks

Staff writer
29 Jan 2010
Daily News

Virgin Mobile India will spend almost $110 million on its mobile operations in the next six months.The money will be spent on sales, brand promotion, distribution and customer care. Virgin Mobile’s new GSM services now span Karnataka, Andhra Pradesh, Chennai, Tamil Nadu, Kerala and Orissa.

On Friday morning, Telecom New Zealand’s 3G “XT” service was still plagued by a network crash which has left tens of thousands of customers without service since Wednesday 11am.

SK Telecom’s net profit fell 7% year on year to 244.2 billion won ($210.8m) in Q409, due partly to increased marketing costs. Sales jumped 3% to 3.1 trillion.

IP wireless firm Harris Stratex Networks has changed its name to Aviat Networks.

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