Facebook is thought to be considering mounting an up to $4 billion takeover bid for Skype, while sources say Google has had preliminary talks over forming a possible joint venture with the VoIP and messaging company.
The Guinea government has seized the facilities, equipment and assets of MTN's local subsidiary, which operates the Areeba brand, due to a dispute over a $22 million sum which the government says it is owed from the operator's purchase of the brand in 2007.
Telecom NZ CEO Paul Reynolds has revealed plans to accelerate planned capex reductions, including cutting spending by 25% this year, and said the company had taken its international voice business off the sale block after no offers were made at an acceptable price.
Canada's Telus beat estimates with a 20% increase in quarterly profit to $328 million, thanks partly to a 44% jump in data revenues.
Cisco plans to streamline its sales, services and engineering departments, and focus on technologies currently driving the growth of networks, as part of the company's restructuring to counter recent disappointing financial results.
UK mobile phone retailer Carphone Warehouse has raised its full-year guidance for the third quarter after continued strong sales of smartphones and tablets.
Nokia has unveiled plans to introduce a dual-SIM handset in India, and said it has now manufactured over 500 million phones at its Chennai factory, after hitting the 400 million mark in June 2010.