THE WRAP: Trai wants 2G licenses back

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THE WRAP: Trai wants 2G licenses back

Robert Clark  |   December 17, 2010
telecomasia.net
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This week dozens of Indian operators face the loss of their 2G licenses, while Twitter’s valuation soared.
 
As the probe into India’s 2G spectrum scandal widened, regulator Trai called for the cancellation of 38 operator licenses and said it would investigate another 31.
 
Reliance Communications rolled out its first 3G services –the second private Indian cellco to do so, and was asked to close down video calling because security agencies could not monitor it. 
 
Twitter raised another $200 million in a round that valued the company at $3.7 billion – nearly four times higher than its last round 15 months ago.
 
Ofta announced details of an auction of more 3G and 4G spectrum early in 2011, and sought bidders for 90MHz slice of broadband wireless frequencies
 
Nokia capped a miserable year with the news that its flagship E7 device wouldn’t be ready until after Christmas and plans to cut 800 jobs in Finland.
 
Yahoo said it would shed 4% of its workforce, or around 600 staff, while a leaked presentation showed the company also plans to shutter services such as Delicious and Upcoming.
 
Nokia Siemens and T-Mobile USA won backing from 3GPP for an HSPA+ upgrade that could deliver up 670 Mbps in bandwidth.
 
Chinese web firm Tencent extended its QQ IM service outside China and out-ranked Apple to top BusinessWeek.com’s list of best tech companies.
 
It was revealed that Apple, Oracle, EMC and other tech titans were a part of the Microsoft-led group that bought Novell’s patent portfolio last month.
 
PT Telkom held talks on buying Cambodia's CamGSM in a possible $500 million deal. 
 
PLDT expected to spend $683 million on its fixed and mobile networks in 2011.
 
Huawei said it would invest $2 billion in R&D in India. HTC and Samsung vied to make the first LTE smartphone.
 
Worldwide service provider capex is on track to decline 3% in 2010, said Infonetics.  
 
Hackers broke into media group Gawker – the company behind Gizmodo and other titles – stealing more than a quarter of a million passwords, and announcing the feat on Gawker's own Twitter feed.
 
Time magazine editors named 26-year-old Facebook chief Mark Zuckerberg as “Person of the Year,” while readers voted overwhelmingly for Julian Assange.
 
And in a historic ruling in a UK court, a magistrate allowed reporters covering the Assange hearing to send out tweets as long as they “did not disturb” proceedings.
Robert Clark

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