AT&T Eyes Indian Mobile Market
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The Wall Street Journal reports that AT&T is considering an acquisition to gain entrance to the rapidly expanding Indian mobile market. The report, which cites "people familiar with the situation", quotes new chief executive Randall Stephenson as viewing the market as a "multi-billion dollar revenue...
Update Shuts Down Some Hacked iPhones
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SAN JOSE, Calif. -- Apple Inc. has issued a software update that creates problems for iPhones modified to work with a cellular carrier other than AT&T Inc. Apple warned earlier this week that the iPhone update -- which adds access to the iTunes Wi-Fi Music Store and fixes some security flaws -- could permanently disable...
Deutsche Telekom Buys Orange Netherlands From France Telecom
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BERLIN -- Germany's Deutsche Telekom AG said Friday it has concluded a deal to buy Dutch mobile phone and broadband Internet operator Orange Netherlands from France Telecom for EU1.3 billion (US$1.8 billion). Deutsche Telekom first announced the deal in June, but it did not give the purchase price then. It said Friday...
WiMAX World: Muni Wi-Fi Far From Deceased
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CHICAGO - Only two years after it made headlines as the hot new thing, municipal Wi-Fi is making headlines again - as a technology trend that is DOA. "Neither one is true", said Jim Freeze, senior vice president of marketing and alliances for BelAir Networks, a Canadian company providing the wireless...
Federal Appeals Court Upholds Ruling Against Vonage
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More bad legal news for Vonage, a federal appeals court Wednesday upheld a jury's decision that it infringed on patents held by Verizon Communications. In March, a Virginia jury awarded the telecom $58 million in damages, plus 5.5% royalties on future revenues, as well as placing an injunction on the Internet telephony company....
Russia's Sistema Buys Into India
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Russian conglomerate Sistema JSFC has found a way into India, acquiring a 10 percent stake in regional fixed and mobile operator Shyam Telelink Ltd. Sistema, which has interests in media, banking, and real estate business, also owns two Russian carriers -- Mobile TeleSystems OJSC (MTS) and Comstar United Telesystems -- as well...
Cisco Wooing WiMax Vendors?
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Cisco Systems Inc. is close to buying a WiMax base-station company in its first real dalliance with the wireless broadband technology, two industry sources tell Unstrung. The networking giant could buy within a matter of weeks, according to one source. "It's in legals now," the source says. Both sources agree...
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