Webwire: Virgin to launch MVNOs in LatAm; Altimo sells 6% of VimpelCom

Dylan Bushell-Embling
07 Jun 2011

Virgin to launch MVNOs in Latin America

The UK's Virgin group plans to launch an own-brand MVNO in countries across Latin America in partnership with Tribe Mobile. Virgin already has MVNO operations in Australia and other countries.

Financial Times

Altimo sells $100m in VimpelCom shares

Russia's Altimo has sold a nearly 6% voting stake in VimpelCom to Cyprus-based Forrielite for $100 million, in a deal which will see the termination of Altimo's shareholder agreement with Telenor.

Moscow Times

Adobe patches flaw used in Gmail attack

Adobe has patched a cross-site scripting vulnerability in Flash that the company confirmed had been used in the recent high-profile hack attempt on Gmail accounts.


Nobody hurt from Wikileaks: founder

Wikileaks founder Julian Assange says no harm has come to anyone as a direct result of the site's publication of classified documents, and that the site played a significant but not major role in the recent Middle Eastern uprisings.

Australian Associated Press

France bans Twitter/Facebook mentions on news

French bloggers have ridiculed a regulatory decision to restrict news anchors from mentioning specific sites such as Facebook or Twitter when telling the audience to visit the web to comment on stories or get more details, on the basis it violates rules banning surreptitious advertising.

New York Times

China paper says Google could pay for hack claims

An official Chinese news outlet has warned that Google's business could be harmed after it accused the company of being behind the Gmail attacks.


US tech stocks in decline despite bubble fears

After a five-week market slump US tech stocks are trading at their cheapest price in comparison to ebitda multiples since at least 1998, crunching the numbers shows, despite ongoing concerns that a new tech bubble is developing.



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