Webwire: Tech Mahindra buys Satyam; AU to get USO overseer

Staff writer
telecomasia.net
Indian software services company Tech Mahindra has arranged to acquire the remaining 57% of Satyam Computer Services that it does not own, through a share-swap deal which values the latter at $1.8 billion.
 
Australian parliament has passed legislation allowing for the creation of a new agency to assume responsibility for enforcing universal service obligations and standards.
 
US lawmakers have used a senate hearing to raise a series of objections to Verizon Wireless' controversial deal to bundle mobile subscriptions with cable and internet plans from Comcast, for fears it would reduce competition in the cable and internet sectors.
 
Vodafone has brought in former European CEO Bill Morrow to replace outgoing Vodafone Australia CEO Nigel Dews.
 
London, Edinburgh, Belfast and Cardiff are among ten UK cities that will receive a share of a £100 million ($158.7 million) government funding pot to boost high-speed web connectivity.
BBC 
 
LTE access on Apple’s iPad 3 is catching some users out, as they burn through their monthly data allowance in a matter of hours.
 
Oracle beat analyst’s predictions with fiscal 3Q earnings per share of $0.62, following a steady rise in software sales.

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