Webwire: Apple worth over $500b; US trade rep slams India policy

Staff writer
01 Mar 2012
00:00
News
Daily News

Apple valuation tops $500b

Apple's market capitalization has exceeded $500 billion for the first time. The company is currently the only US company worth over $500 billion, and only the sixth to reach this milestone.

Associated Press

US trade rep objects to India telecom policy

A US trade representative has objected to a clause in India's proposed new telecom security policy that would require at least 50% of core telecom network equipment to be domestically developed and produced, claiming that the provision would harm American equipment suppliers.

Economic Times

Huawei earned $32b revenue in 2011

Huawei took in revenue of over $32 billion in 2011, up 11% from a year earlier. The company has previously set a target of generating revenue of $100 billion within the next 5-10 years.

BusinessWeek

NBN Co defends 30% take-up of NBN

The CEO of NBN Co, the company set up to oversee Australia's National Broadband Network, has defended the 30% take-up rate in the early rollout areas as a figure that would make telcos around the world “quite envious.”

Australian Associated Press

Bharti picks NSN for Maharashta TD-LTE rollout

India's Bharti Airtel has chosen NSN to deploy and operate its TD-LTE network in the 2.3-GHz band in the major telecom circle of Maharashtra.

BizTech2

Arcep approves Free Mobile coverage

French telecom regulator Arcep has determined that new entrant Free Mobile does meet the coverage requirements spelled out in its license, including having 27% population coverage at the initial stage, despite claims from Orange that Free Mobile is piggy-backing on the Orange network.

The Connexion

MS launches consumer Windows 8 preview

Microsoft has launched a consumer preview version of Windows 8, available to current Windows 7 users.

BBC News

Megaupload founder asks court for cash

Detained Megaupload founder Kim Dotcom has asked a New Zealand court to free up NZ$220,000 ($184,000) worth of his frozen assets to allow him to continue to pay expenses including lease costs and staff wages.

Reuters

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