Sprint Nextel to buy remaining Clearwire shares for $2.2b
Sprint Nextel agreed Monday to acquire the nearly 50% stake in Clearwire that it did not already own for about $2.2 billion, an important step for the mobile carrier as it continues its big turnaround campaign.
Apple sells 2m iPhones in China in 3 days
Apple says it sold more than two million iPhone 5s in China in their first three days of availability, setting a record for that market.
EU considers action against Huawei and ZTE
European Union authorities will decide in the coming weeks and months whether to start a politically sensitive investigation into trade practices by the Chinese telecom equipment vendors Huawei and ZTE.
Telecom NZ's free calls spark more criticism
Telecom NZ said it would offer free landline-to-landline calls within New Zealand on Christmas Day following widespread broadband outages over two days last week. The announcement, however, has drawn criticism from customers who already get free national calls.
KT launches new messenger service for corporate users
KT has introduced “olleh biz talk,” a messenger program specialized for corporate use, on Monday. Combining characteristics of a traditional messenger program and smartphone text-messaging, olleh biz talk provides services including chat, message, fax, phone call, audio and photo message, and group message.
RIM sends out BlackBerry 10 launch invites
RIM on Monday sent out press invites for its BlackBerry 10 global launch event. The Canada-based handset maker will officially unveil BlackBerry 10 to the public Jan. 30, 2013.