Webwire: PT Telkom profit falls 6.7%; Vietnam gives sat deals to Japan

Staff writer
31 Oct 2011
00:00
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Daily News

Costs drag PT Telkom's 9-month profit

Indonesia's PT Telkom has reported a 6.7% slump in its net profit for the first nine months of the year, as the costs of an early retirement plan outweighed revenue gains.

Bloomberg

Vietnam hands satellite deal to Japan

The Vietnamese government has awarded NEC and other Japanese companies the contracts to construct two monitoring satellites, to be used for purposes including natural disaster management.

Reuters

Amazon in talks to bring Kindle to China

Amazon aims to introduce the Kindle and the Kindle Fire tablet to the market, but is currently in talks with regulators over copyright issues surrounding the content.

Reuters

iPhone 4S battery drain blamed on LBS bug

A bug in Apple's location services system for iOS 5 may be the cause of reported rapid battery drain in some iPhone 4S handsets.

The Guardian

BSNL may get reprieve for cash drain services

Indian state-owned operator BSNL may soon get compensation for maintaining unprofitable services, or be allowed to exit the lossmaking operations, according to a telecom ministry source.

Economic Times

TOT sticks to 3G targets in wake of floods

Thai state-owned operator TOT is maintaining its 3G rollout targets, including having 4,772 base stations by next may, despite acknowledging the risk of delays due to the recent severe flooding.

Bangkok Post

Motorola Mobility cuts 800 jobs

Motorola Mobility will lay off 800 employees, at a cost of around $31 million, as it prepares for its $12.5 billion acquisition by Google.

BizJournals

MTN customer base hits 158.6m

MTN Group had 158.6 million customers across 22 African and Middle Eastern countries by the end of September.

Ghana Business News

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