Webwire: Bharti Infratel falls after debut; LGE seeks Samsung ban in SK

Staff writer
02 Jan 2013
00:00
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Daily News

Bharti Infratel shares fall 13% during debut

Bharti Infratel commenced public trading on the Bombay Stock Exchange on Friday, after completing a 41.7 billion rupee ($762.6 million) IPO on December 17. But it has been a bumpy debut, with the share price falling a sharp 13% on the first day of trading.

Financial Times

LGE asks court to ban Samsung tablet in SK

LG Electronics has fired a legal salvo seeking to ban sales of Samsung's Galaxy Note 10.1 in South Korea. LGE is accusing Samsung of infringing on three LCD patents with the design of tablet's display.

TweakTown

China unveils new web controls

China has detailed new rules aimed at imposing tighter controls on the internet, including legalising the deletion of posts containing information deemed illegal, as well as requiring microblog users to register using their real names.

Reuters

Huawei Iran partner offered embargoed gear: report

According to a Reuters investigation, a close partner to Huawei in Iran allegedly offered in 2010 to provide HP equipment to the nation's incumbent mobile operator, Mobile Telecommunication Co - in violation of international sanctions.

Reuters

ITC judge seeks 88% bond in Samsung-Apple case

A US ITC judge has recommended that Samsung be made to post a bond equal to 88% of the value of any smartphones found to infringe Apple patents, should it lose the ITC case and wish to keep selling devices in the US market.

Bloomberg

China to add 100m 3G subs this year: MIIT

China's ICT ministry has predicted that the nation's mobile operators to add 100 million 3G subs and 25 million broadband users in 2013.

Xinhua

Pakistan lifts, reimposes YouTube ban

Pakistan on Saturday briefly lifted a block on YouTube that had been imposed since September, but only to test a new filtering system designed to selectively block material deemed blasphemous. When the filter proved ineffective, the site-wide ban was reimposed.

BBC News

QTel to pay $360m to lift Tunisiana stake

Qatar Telecom (QTel) will pay $360 million to buy a further 15% stake in Tunisiana S A from the Tunisian government. After the transaction, QTel and its subsidiaries will own 90% of the operator.

The Peninsular Qatar

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