FASTTAKES: Visa, Softbank, NBN Co., AlcaLu, BSNL, Grameenphone, Hutchison

Staff writer
22 Apr 2010
00:00
News
Daily News

Credit card firm Visa will pay $2 billion for CyberSource, a specialist in online payment security.

Softbank President Masayoshi Son has called for NTT’s fiber business to be spun off, according to the Nikkei.

NBN Co. boss Mike Quigley denied reports that NBN Co. would not make a financial return for as much as 30 years.

Alcatel-Lucent research arm Bell Labs has demonstrated transmission of 300 Mbps over two DSL lines 400 meters long.

India’s telecom minister A. Raja has referred the proposal to listBSNLto a Group of Ministers, following union opposition to the move, said Business Standard.

Bangladeshi cellco Grameenphone has agreed to sell transmission capacity with Wimax operator BanglaLion Communications.

Thailand’s cabinet has approved Hutchison’s plans to sell its stake in CDMA operator Hutchison Wireless CAT Telecom to partner CAT Telecom.

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