industry / IT
CBA to spend $730m on core IT upgradeCOMMONWEALTH Bank will spend an extra $150 million on its core banking upgrade, bringing the total budget to $730 million.
Australian IT Wednesday, August 12, 2009Nicta could make billions with new toolA NEW
software component that ensures an operating system will "never" crash has been developed in Australia, and is potentially destined to earn billions of dollars in royalties.
Australian IT Wednesday, August 12, 2009Polish regulator abandons TP split(Telecompaper) Polish telecommunications regulator UKE will likely abandon its agreement to divide dominant operator Telekomunikacja Polska (TP) as it reached an agreement with TP, Reuters writes citing the UKE's chief Anna Strezynska. The UKE president said at a news conference that the regulator expects to suspend the procedure for a year in the autumn. She added that UKE will also drop its plans to split TP by the end of the next year if the situation in 2010 remains as good as it is now. TP welcomed the UKE's move and stressed there is no need to split the company and hand over control of the wholesale arm to the regulator because it had improved its relations with the other operators. TP has been in talks with the regulator and alternative operators on improving access to its
network and
market competition. The France Telecom subsidiary had earlier warned that its profitability could be damaged from the regulatory intervention.
dmeurope.com Wednesday, August 12, 2009Millicom to sell Cambodian operations to local partner(Telecompaper) Global mobile operator Millicom International Cellular has signed a contract for the sale of its Cambodian operations to its local partner The Royal Group for USD 346 million in cash. This transaction comprises Millicom's 58.4 percent holdings in CamGSM, Royal Telecam International and Cambodia Broadcasting Services. The transaction values the Cambodian operations at an enterprise value of USD 605 million, which represents 7.1 times estimated 2009 EBITDA. The completion of the transaction is subject to customary financing and regulatory approvals. If such approvals are obtained, completion is expected to take place before the end of this year.
dmeurope.com Wednesday, August 12, 2009Microsoft Office, Windows get critical flaw fixes in latest patch batchMicrosoft on Tuesday released nine patches, five of them critical, to plug holes in Windows and other
software products. The nine patches actually relate to 19 separate vulnerabilities in Windows, the .Net Framework, Microsoft Office, Microsoft Visual Studio, Microsoft ISA Server, Microsoft BizTalk Server, and Remote Desktop Client for Mac.
Silicon Wednesday, August 12, 2009Hutchison sells Partner Communications for USD 1.38 billion(Telecompaper) Hutchison Telecommunications International has agreed to sell its controlling interest in Israeli mobile operator Partner Communications, which oeprates under the name Orange Israel. The Hong Kong-based company will sell its 51.3 percent equity interest for USD 1.381 billion to Scailex, an Israeli holding company also active in distributing Samsung handsets. The purchase price includes cash of USD 1.081 billion and a secured debt instrument of USD 300 million. The deal is expected to close in Q4, pending regulatory and shareholder approval. Hutch said it will continue to invest in mobile operations in emerging markets and develop its existing activities in Sri Lanka, Indonesia and Vietnam.
dmeurope.com Wednesday, August 12, 2009SingTel group mobile customers up 5.1% in Q2(Telecompaper) Singapore Telecommunications (SingTel) group's aggregate mobile customer base in the eight countries where it has a presence rose by 5.1 percent to 262.15 million at the end of June, up from 249.39 million at the end of March. The group's proportionate customer base, representing the number of mobile customers of associate operators multiplied by SingTel's ownership, rose by 4.5 percent to 92.09 million in the second quarter. In Singapore, SingTel added 15,000 new mobile customers in the quarter, taking its customer base to 2.99 million for a 45.9 percent
market share. The figure includes 22,000 postpaid net additions and a reduction of 7,000 prepaid customers as it deactivated improperly registered customers. SingTel's 3G customer base rose by 64,000 net customers in the quarter, taking the figure to 1.28 million at the end of June. The aggregate customer base includes Optus, Bharti, Tekomsel, Globe, AIS, Warid and PBTL.
dmeurope.com Wednesday, August 12, 2009Nokia to offer Microsoft office tools on smartphones(Telecompaper) Microsoft and Nokia announced an agreement to bring the
software maker's office products to Nokia smartphones. The deal will see Microsoft Office Mobile and Microsoft business communications, collaboration and device
management software developed for use on Nokia's Symbian devices. The first phones to benefit from the pact will be Nokia's top-end handsets for professionals, the Nokia Eseries. The two companies will also work together to
market and develop the products for businesses, carriers and individuals. The agreement gives Microsoft a bigger piece of the mobile market beyond handsets with its own Windows Mobile operating system and helps Nokia build smartphones that can better compete with Research In Motion's BlackBerry devices. Nokia already offers Exchange ActiveSync on some devices for syncing e-mail on the handset with corporate e-mail
systems running on Microsoft Exchange Server. Next year, Nokia intends to start shipping Microsoft Office Communicator Mobile
dmeurope.com Wednesday, August 12, 2009Lean model for NBN Co directorsTHE newly appointed board members of the federal government's national
broadband network company will each be paid $90,000 a year.
Australian IT Wednesday, August 12, 2009Telstra slips on challenging outlookTELSTRA beat
market expectations with a 10.3 per cent rise in full-year profit on higher mobile phone and broadband revenues.
Australian IT Wednesday, August 12, 2009
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