Webwire: LGE swings to Q3 loss; China 3G user base tops 100m

Staff writer
27 Oct 2011
00:00
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Daily News

LGE swings to Q3 loss, misses phone targets

LG Electronics swung to a far wider than expected Q3 loss of 414 billion won ($365.56 million) and missed handset sales forecasts for the quarter.

BusinessWeek

China 3G user base tops 100m

China's 3G subscriber base reached 102 million at the end of September, with over 43 million of these using the homegrown TD-SCDMA standard, according to government statistics.

Xinhua

Hanoi Telecom offers to buy out EVN

Hanoi Telecom, joint owner of Vietnamobile, has offered to buy out cash-strapped state owned rival EVN Telecom's spectrum and network infrastructure at the same price as the amount EVN has invested.

Saigon Giai Phong

Apple wins touchscreen unlock patent

Apple has been granted a patent on unclocking touchscreen smartphones with the swipe of a finger, which could prove to be an important tool in its arsenal for its patent war against Android.

BBC News

Sprint reaches early LTE deal with Clearwire

US operator Sprint has signed a non-binding agreement with Clearwire to work together on ensuring interoperability of their LTE networks, paving the way for the former to lean on the latter for some of its 4G needs.

GigaOM

China pledges tighter social media controls

The Chinese government has issued a policy paper pledging to introduce stricter controls on microblogging and other social media tools, vowing to “sternly punish the dissemination of harmful information."

Reuters

BT ordered to block file sharing website

The UK's BT has been given 14 days to block access to filesharing website Newzbin2, and court-ordered to block any subsequent IPs or addresses the owners might subsequently register, in what could prove an important win for the group of Hollywood studios which initiated the court action.

Guardian

Rogers Q3 profit grows 29%

Canada's Rogers Communications lifted its Q3 profit 29% to C$491 million ($487.9 million) on the strength of its wireless business.

Canadian Business

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