PLDT loses bid to kill foreign ownership probe
The Philippines' PLDT has lost a Supreme Court petition seeking to quash a directive, in which regulator SEC was tasked with investigating whether the operator violates legal foreign ownership limits.
Bharti may merge Indian, African units
Bharti Airtel is considering merging its Indian and African telecom operations into a single business, presided over by a global CEO. The restructuring could be complete by mid-2013.
EU to demand Google rethink privacy policy
The European Union is about to demand that Google rethink its personal information collection practices to address the “high risks to the privacy of users” this entails, but has stopped short of declaring Google's practices illegal.
Amazon said to mull buying TI's mobile unit
Amazon is reportedly in talks to buy Texas Instruments' mobile chip unit in a deal likely to be worth billions. TI has expressed a desire to exit the mobile sector and focus instead on segments including consumer electronics.
Taiwan Mobile beats rivals by September EPS
Taiwan Mobile was the top-performing mobile operator in Taiwan during September, with earnings per share (EPS) of NT$0.47, compared to NT$0.40 for Chunghwa Telecom and NT$0.31 for FarEasTone.
MegaFon to buy Euroset for $1.3b
Russian mobile operator MegaFon has arranged to acquire Euroset – the nation's largest handset retailer – in a deal worth $1.3 billion.
Aircel to cut 600 jobs in scale-back
India's Aircel plans to cut around 600 jobs, representing 12% of its workforce in five states, as the Maxis-owned mobile operator starts to enact its plan to scale back operations in unprofitable regions.
Over 50% of Kiwis access internet via phones
More than 2.5 million New Zealanders access the internet through smartphones, government statistics show, meaning that as of June more than half of the nation's population are connected to the mobile internet.