Webwire: Idea, Spice fined $6.6m; China to censure Baidu

Dylan Bushell-Embling
26 Apr 2011
00:00
News
Daily News

Idea, Spice fined $6.6m for rollout delays

India's Department of Telecom has fined mobile operators Idea and Spice a combined 276.5 million rupees ($6.2 million) for allegedly failing to meet their rollout obligations in five circles.

Economic Times

China to censure Baidu for illicit songs

China plans to censure 14 websites, including search engine giant Baidu, that have allegedly been providing downloads of “illicit” songs.

Xinhua

Uninor chairman to be replaced

Indian operator Uninor will appoint a new chairman, to be selected by minority owner Unitech, after Sanjay Chandra ceded to pressure to step aside while he faces court proceedings over his alleged role in the 2008 2G scandal.

Reuters

Apple to launch white iPhone 4 tomorrow?

Apple plans to launch the white iPhone 4 in the US tomorrow, according to multiple reports, with both Verizon and AT&T expected to carry the devices.

Chosun Ilbo

NTT Data buys Italy's Value Team

NTT Data will acquire Italian consulting and system engineering company Value Team for an undisclosed sum, and plans to use the purchase as a “bridgehead” to expand in Europe and Latin America.

Bloomberg

ValueClick pays $70m for mobile ad firm

Online marketing company ValueClick has bought mobile advertising network operator Greystripe for $70 million, in a deal planned to help improve its scale in the booming US mobile market.

Canadian Business Online

Netflix profit grows 86% on streaming take-up

US movie rental company Netflix has reported an 86% jump in quarterly profit, and said it will begin to see a reduction in DVD mail-outs for the first time in the current quarter as more of its subscribers take to its online streaming service.

Wall Street Journal

Related content