Alca-Lu shares jump on takeover talk
Shares in Alcatel-Lucent soared to a year-long high on “vague” rumors that the vendor may receive a takeover bid from a Chinese company.
Royalty fee cut helps Du profit explode
The UAE's Du posted a full-year profit of 1.31 billion dirham ($357 million), from just 254 million dirham the year before, as the operator reaped the benefits of a reduction in royalty fees.
India's Bharti Airtel has launched 3G services in four cities in the Delhi circle, one day after going live in the Northern Indian city of Jaipur.
e-book publishers raided in EU probe
EU antitrust officials have raided a number of European publishers, in search of evidence that they colluded to fix prices in the e-book market. At least two French publishers said they had been visited.
Wikileaks soldier charged with aiding the enemy
Bradley Manning, the US soldier accused of leaking volumes of government documents to Wikileaks, has been charged with 22 more offenses - including the capital offense of “aiding the enemy.”
China's Xunlei plans $200m US IPO?
Sources say Chinese video and music filesharing company Xunlei Network Technology, which is partly owned by Google, hopes to raise $200 million in a US IPO sometime this year.
French rivals sign 2G-3G roaming deal
France Telecom's Orange and rival Iliad have signed a 2G-3G roaming agreement, which will take effect when Iliad's Free Mobile network covers 25% of the French population.
MNP a killer for Reliance, BSNL
Millions of subscribers have quit Indian carriers Reliance and BSNL since mobile number portability launched late January, official figures show. Vodafone Essar, Idea Cellular and Bharti Airtel are the biggest winners.
Beijing mobile monitoring cleared
Privacy advocates have voiced concerns over the Chinese government’s green light for a traffic monitoring scheme in Beijing that relies on tracking 17 million China Mobile customers.
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