Webwire: San Miguel ups stake in telco; Sequans, Fujitsu in LTE tie-up

Staff writer
21 Oct 2011
00:00
News
Daily News

San Miguel buys majority Eastern Telecom stake

Philippines conglomerate San Miguel has increased its stake in Eastern Telecom to 78%, from an effective 40%, in a deal worth 1.5 billion pesos ($34.8 million).

BusinessWorld Online

Sequans, Fujitsu Semi team for LTE chips

Chipmakers Sequans and Fujitsu Semiconductor have announced a partnership to develop LTE baseband chips with multimode 2G/3G/LTE RF transceivers.

EETimes

MS beats Street with 7.3% growth in Q1 sales

Microsoft beat estimates with a 7.3% increase in its first quarter sales to $17.4 billion, and grew its net profit for the period to $5.74 billion from $5.41 billion.

Bloomberg


MS, Silver Lake said to plan joint Yahoo bid

Microsoft, Silver Lake Partners and the Canada Pension Investment Board are preparing a joint bid to buy Yahoo and spin off the company's Asian assets, sources claim.

Wall Street Journal

MetroPCS most likely buyer for AT&T assets

Sources say MetroPCS is shaping up to be the most likely buyer for assets - likely including spectrum and customers - that may be put on sale by AT&T and T-Mobile USA in a bid to appease regulators opposed to the planned $39 billion merger between the pair.

Bloomberg

LA police resist Google Apps deal

A $7.25 million deal for Google to migrate City of Los Angeles employees to Google Apps has been delayed and scaled back, because of security concerns raised by the Los Angeles Police and other public safety departments.

Wired

HP strategy chief quits

HP has announced the resignation of strategy chief Shane Robison, effective November 1. The company does not intend to refill the position.

All Things Digital

Stop. Hammer find

Parachute-panted 80s rap phenom MC Hammer has launched a new search engine, WireDoo, which claims to differentiate from the competition by providing “deep search” capabilities.

CNN

Related content