Cisco lifts Q1 net despite profit pressures
Cisco beat expectations with an 18% increase in net income for its fiscal first quarter to $2.09 billion, despite intense competition and weakening demand for network equipment in Europe and the US.
Half of Mumbai's cell towers illegal: BMC
Indian civic body Brihanmumbai Municipal Corporation has alleged that nearly half of the 3,600 mobile towers in metropolitan Mumbai were set up illegally, with their presence representing a potential health hazard due to radiation risks.
Nigeria bans telecom promotions
The Nigerian Communications Commission has banned operators from offering any promotions or lotteries, citing issues including network congestion as users try to consume the excess minutes offered in promotions.
Nokia rebrands maps to woo Apple
Nokia is apparently vying for a spot on Apple’s iPhone as a map application provider. The vendor has rebranded its navigation service as Here, and has reportedly already submitted an app into Apple’s approval process.
NBTC to consult ITU on auction guidelines
Thai regulator NBTC will consult with the ITU to help set the guidelines for future spectrum auctions - including for 1,800-MHz and 900-MHz spectrum - after drawing heavy criticism for its handling of the recent 3G auction.
Israel's Cellcom has reported a 37.7% slump in Q3 profit to 124 million sheqels ($31.6 million), on 13% lower revenue of 1.45 billion sheqels.
John McAfee hiding from police after murder
McAfee founder John McAfee has been hiding from Belizean police since his neighbor was found murdered. Police claim he is wanted for questioning, but McAfee reportedly denies having any involvement, and claims the police will kill him if they find him.