Webwire: Qualcomm gets India 4G license; Cisco misses street with Q4 view

Webwire: Qualcomm gets India 4G license; Cisco misses street with Q4 view

Staff writer  |   May 10, 2012
telecomasia.net
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Qualcomm has finally received its 4G license and spectrum in India, but at a reduced timeline for minimum rollout obligations and license term.
 
Cisco beat Street expectations with a 20% increase in net profit to $2.2 billion, but gave an outlook for the fourth quarter that fell significantly below analysts' estimates.
 
A source claims Eircom is close to finalizing an agreement to emerge from insolvency by handing ownership of the company to its major creditors. If this deal is reached, it will end a bid by Hutchison Whampoa to buy the company.
 
Think tank the Thailand Development Research Institute has urged the government to do more to ensure that newcomers join in the bidding for 3G spectrum licenses, in a bid to end the oligopoly of the big three telcos AIS, DTAC and TrueMove.
 
Huawei expects to earn between $140 million and $160 million from its Indian enterprise business this year.
 
US operator AT&T is said to be pursuing partnerships with Indian startups which have developed innovative technologies, and to have shortlisted four possible companies to team up with and possibly invest in.
 
UK Wi-Fi provider Spectrum Interactive and LBS company Selective Media are providing free, location ad supported Wi-Fi networks in central London.
 
Liquipel - which has developed a method of making handsets waterproof using a liquid-repellent coating - has signed deals with Vision Tech Corporation and Tech Star Communications to provide its products in Indonesia, Malaysia, Hong Kong and Mainland China.
Staff writer
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