Court Upholds VimpelCom's WellCom Purchase; Telenor to Appeal
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The Moscow Arbitration Court has rejected Telenor's attempt to void the purchase of Ukrainian RadioSystems (WellCom) by VimpelCom. Telenor had hoped to invalidate the extraordinary general meeting (EGM) of VimpelCom shareholders in September 2005 at which the decision was made to purchase WellCom for US$231 million. Telenor objected that...
Skype Offers Free Calls to Regular Phones
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SAN JOSE, Calif. -- Skype, eBay Inc.'s Internet telephone subsidiary, has stopped charging users for dialing up people on traditional landline and mobile phones in the U.S. and Canada. The Internet telephone service, which has always offered free PC-to-PC calls around the world, said Monday it will offer its SkypeOut service for...
Verizon Wireless Price Tagged At $48B
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Rumors rampant on both sides of the Atlantic say Verizon and Vodafone have finally settled on a price for Vodafone's 45-percent share of Verizon Wireless - $48 billion plus assumption of $8 billion in debt. Such a deal reportedly could be done by the end of the month. The $48 billion is just more than halfway between the $38 billion and...
No Email? No Problem
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As companies look for ways to roll out more enterprise applications to mobile workers, many assume that any new apps will run on a device primarily intended for mobile email, such as a BlackBerry or a Treo. Now, BlackBerry maker Research In Motion Ltd. (RIM) (Nasdaq: RIMM - message board; Toronto: RIM) says it will deconstruct that...
Motorola Touts Open Source Java
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Motorola is aiming to take mobile Java to the next level by embracing open sourcing. The company believes an open source approach will speed development time and drive innovation. Mark VandenBrink, senior director and chief architect, Motorola Mobile Devices, notes that Java already is being used on nearly 1 billion mobile handsets,...
Verizon Sued in Mobile TV Patent Fight
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Holding company Speedus Corp. has sued Verizon Wireless for infringement of two patents that deal with the transmission of television services over cellular networks, and it's investigating whether to sue any other carriers. "We've been assessing our patent portfolio for some time, and it came to our attention that there's likely...
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