Webwire: China Mobile Q3 net grows 13%; Mobile top priority - Yahoo

Staff writer
23 Oct 2012
00:00

China Mobile lifts Q3 profit 1.3%

China Mobile grew its net profit by around 1.3% in the third quarter to 31.1 billion yuan ($4.97 billion), slightly ahead of some analysts' expectations. But the figure demonstrates the challenges the world's largest mobile operator faces in trying to grow further.

Bloomberg

Yahoo CEO makes mobile her top priority

Yahoo CEO Marissa Meyer has outlined her plan for turning around the company, indicating that her main priority is to draw up a consistent mobile strategy to reflect the growing importance of the “mobile wave.”

Bangladesh suggests $20m/MHz 3G bid floor

Bangladesh's telecom ministry has proposed setting a floor price of $20 million per MHz for an upcoming 3G auction – down from the initially suggested $30 million – and to have the nation's six private mobile operators compete for four licenses.

The Daily Star

Idea Cellular more than doubles Q2 net

India's Idea Cellular more than doubled its profit for the September quarter to 1.91 billion rupees ($35.8 million), from 14% higher revenue of 52.3 billion rupees.

The Hindu

MegaFon delays IPO road show

Russia's MegaFon has postponed a planned road show to promote its IPO on London and Moscow exchanges until after the company posts its Q3 results in November.

The Moscow Times

India may need 12-digit mobile numbers

India's Department of Telecom may have to introduce 11- or even 12-digit mobile numbers to ensure the nation avoids running out as subscribers near 1 billion, experts warn.

Times News Network

Reuters

Pakistan telecom imports hit $356m in Q3

Pakistan imported telecom products worth over 34 billion Pakistani rupees ($356 million) in the September quarter, including over 15 billion rupees worth of mobile phones, government statistics show.

The Nation

Motorola Solutions shows wearable computer

Motorola Solutions has unveiled a prototype version of a head-mounted, voice-controlled mobile computer – a potential competitor to Google's Project Glass.

VentureBeat

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