THE WRAP: Thodey takes over, Huawei clears hurdle

22 May 2009
00:00

This week Telstra\'s new CEO moved into the corner office ahead of schedule and Huawei edged closer to winning a giant Indian deal.

David Thodey took over as Telstra\'s top honcho as Sol Trujillo slipped away to the US six weeks early.
Tracked down in San Diego, Trujillo dismissed the $31 billion next-gen broadband project as a political stunt.

The Indian government reportedly allowed Huawei to win a share of a $6 billion GSM upgrade contract but told BSNL to inspect the gear closely for backdoors. For security reasons, Huawei won\'t be allowed to supply equipment in India\'s border states.

Vodafone halved its profit and CEO Vittorio Colao predicted flat growth in 2009.
In another blow to China Mobile, Taiwan premier Liu Chao-shiuan said his government was in no hurry to ease rules on mainland investment.

China\'s mobile subs now top 670 million, with a top official claiming the launch of 3G had spurred growth.

Verizon delayed its LTE rollout until late 2010.

Global handset shipments shrank in Q1, but Apple\'s iPhone doubled its share of the fast-growing smartphone market. Spam traffic has doubled since April 1.

Mobile Wimax is rolling out more slowly than expectedbecause of a lack of spectrum and cash.

Telstra is to cut another 560 engineering jobs. Nokia will let go another 490 employees, while chipmaker STMicroelectronics saw signs of a recovery.

PCRD, a firm controlled by Richard Li, sought leave to appeal against a court decision blocking the privatisation of PCCW.

Hundreds of a staff at Chinese search engine Baidu went on strikeover pay cuts and new commission policies.

Storage company NetApp acquired data backup firm Data Domain $1.5 billion in cash and stock. Sun announced a Java app store. Cisco unveiled its smart grid plans.

Toshiba said it would stop making handsets in Japan.

NTT DoCoMo said it would start selling an Android-powered handset by July. Vimpelcom\'s Beeline became Cambodia\'s ninth mobile operator.

A new service from document sharing firm Scribd allows users to charge access rights for books and documents uploaded to the site.

Australian authorities cracked down on rogue SMS providers.

And the US National Archive lost a hard disk containing sensitive data from the Clinton Administration, including 100,000 social security numbers and details of Secret Service procedures.

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