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Bharti Airtel to buy 49% of Qualcomm’s India...
Bharti Airtel Ltd. said Thursday it will buy a 49% stake in the Indian broadband business of Qualcomm Inc. for about $165 million in a deal that will allow the company expand its fourth-generation high-speed data services. Bharti...
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Facebook shares climb in early Wednesday trading
Facebook Inc. shares rose 3.2% Wednesday, halting a two-day losing streak, as investors continued to analyze what went wrong with the company's initial public offering. Facebook shares gained $1 to finish at $32, gaining back some ground after...
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Idea joins Bharti in cutting 3G prices by...
Cuts likely to signal new era of competition in India's crowded mobile market. Idea Cellular Ltd. said Tuesday it reduced its third-generation Internet browsing prices by up to 70%, following Indian market leader Bharti Airtel Ltd. that last...
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US cable companies in WiFi sharing effort
Time Warner Cable, Comcast to enable end users to access rivals' hotspot services outside their home markets. Several major U.S. cable companies, including Time Warner Cable Inc. and Comcast Corp., have agreed to enable each other's high-speed Internet...
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Hungarian parliament passes tax on phone calls, text...
Hungary's parliament approved on Friday new taxes on mobile communications that will hit telecom operators that have already been burdened by so-called crisis taxes. Starting from July 1, a two-forint (0.7 euro cents, 0.8 US cents) tax will...
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Samsung shares struggle on concerns Apple may be...
Shares of Samsung Electronics Co. continued their slide Thursday morning on continued speculation that Apple Inc. may be buying fewer mobile memory chips from the South Korean giant after a media report said earlier this week Apple has placed...
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Deutsche Telekom, union reach wage agreement for T-Systems...
German services labor union ver.di and Deutsche Telekom AG said Tuesday they have reached a wage agreement for about 18,500 workers at its T-Systems unit. T-Systems staff will receive three pay increases worth a total of about 6.5%...
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