Analysts expect Australia's Telstra to report an up to 25% decline in profit for the half-year ending in December, as a result of a continuing decline in domestic fixed-line revenue and soaring customer acquisition costs.
Nokia is rumored to be planning to sack several executives, including the head of its mobile phone unit, in a management shake-up thought to form part of CEO Stephen Elop's strategic revamp.
Vodafone has admitted to being forced to send several SMSs to its Egyptian customers written by but not attributed to the Mubarak regime, including one calling for citizens to “confront the traitors” protesting in the streets.
Cisco plans to acquire video streaming technology developer Inlet Technologies for $95 million, in a bid to lift its multi-platform video capabilities and fend off rising competition from HP and others.
The CDMA iPhone has helped Verizon pre-sell more phones than any other first day launch in the company's history – two hours into taking orders – with both Verizon and Apple quickly selling out.
- Webwire: HTC worth more than Nokia; Essar wants $700m extra from Vod
- THE WRAP: Apple loses to Spanish minnow; Samsung takes smartphone lead
- THE WRAP: Apple loses value on Q3 stumble; Nokia swings to loss
- THE WRAP: NFC advanced by Google, Orange; Apotheker fired
- Webwire: MS previews Windows 8; Cisco slashes 2012 forecast