Dutch incumbent KPN posted a 9.4% decline in Q3 profit to €368 million ($512.5 million), from 3.4% lower sales of €3.3 billion, but has maintained its full-year earnings forecast.
NTT Communications reportedly plans to spend 120 billion yen ($1.58 billion) to develop its cloud computing capabilities outside of Japan, including in India and Europe.
IBM has appointed Virginia Rometty, previously the company's head of sales and marketing, as its first female CEO in its century of operation.
One year in, Windows Phone Marketplace now has 35,000 apps. A research firm recently estimated that Android Market just hit the 500,000 mark, compared to around 600,000 on the Apple App Store.
Tata Teleservices may well take part in the looming wave of consolidation in India's telecom market, according to partner NTT DoCoMo.
Nokia is set to unveil its first Windows Phone handsets later today, in what could prove to be a make-or-break announcement for the vendor.
Deals site Groupon is suing two former sales managers who left the company to work for Google's competing site, claiming a breach of employment contract and the risk of harm caused by the disclosure of confidential trade secrets.
A UK man born without a left arm has had a prosthetic developed which includes an embedded cradle shaped to fit a Nokia C7 smartphone. The arm was developed in conjunction with medical experts and Nokia technicians.
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