industry / IT
China Unicom, Telefonica agree on USD 2 bln share swap deal(Telecompaper) China Unicom and Telefonica have entered into a cooperation and share swap agreement. China Unicom and Telefonica will each buy USD 1 billion worth of shares in each other. Following the transaction, China Unicom's shareholding in Telefonica will be approximately 0.88 percent and Telefonica's shareholding in China Unicom will increase to about 8 percent from 5.38 percent currently. The companies plan to cooperate in areas such as the joint acquisition of infrastructure and equipment for customers; the joint development of wireless service platforms; the joint provision of services to multinational enterprises; roaming; R&D; sharing of best practices and technical, operational and
management expertise; the joint development of a set of strategic initiatives within the framework of
network and
technology development; as well an exchange program for managers from both companies.
dmeurope.com Monday, September 07, 2009M1 buys ISP Qala(Telecompaper) Singapore mobile service provider MobileOne (M1) plans to acquire ISP Qala Singapore. M1 will buy all the issued and paid-up shares in the company for an undisclosed sum. Qala offers data and communications products to corporate, enterprise and public sector customers in Singapore. It also holds the rights to provide both indoor and outdoor wireless broadband under the government's Wireless@SG programme. This acquisition will allow M1 to enter the corporate fixed broadband business quickly by using Qala's presence and experience in this
market.
dmeurope.com Monday, September 07, 2009Google bows to EU over digital booksGOOGLE will make concessions to European publishers and authors in an attempt to stem rising anger over its move to digitise and sell millions of books online, a report said.
Australian IT Monday, September 07, 2009Zain Group to sell 46 percent stake - report(Telecompaper) Shareholders in Middle East and African mobile operator Zain have reached a preliminary agreement with Gulf and Asian investors to sell 46 percent of their stake, Reuters
reports. However, the company would not confirm a report they had agreed to sell 46 percent to Asian investors in a deal worth about USD 13.7 billion. CEO Saad al Barrak told Reuters that as a company "we are not involved in such discussions directly; it is between shareholders and the buyer. Yes, yes, it was agreed from the beginning it was at the level of the shareholders". Barrak declined to give further details. A report on Al-Arabiya television cited sources as saying that shareholders -- among them the family-owned conglomerate the Kharafi Group -- had agreed to sell their stake in Zain at a price of around KWD 2 a share to an Asian group and that an official announcement was due shortly. If the deal goes through it would be worth USD 15 billion, the TV report said. Earlier the Al-Rai newspaper r
dmeurope.com Monday, September 07, 2009Spotify launches on App Store, Android platform(Telecompaper) Music streaming service Spotify has launched its Spotify App for iPhone and iPod touch on the App Store and the Android-powered mobile phones. The Spotify App is available to Spotify premium subscribers in the UK, Sweden, Spain, France and Norway. The Spotify is also available in Finland at App stores, but not yet available on Android
market. The app offers access to millions of tracks with Spotify's constantly updated catalogue. It also enables users to create and synchronise playlists, and allows playlists to be downloaded and played in offline mode.
dmeurope.com Monday, September 07, 2009Glo 1 submarine cable lands in Nigeria(Telecompaper) The Glo submarine cable system Glo 1 has landed in Lagos, Nigeria. The project was developed by local operator Globacom and its partner Alcatel-Lucent. The 9800km cable connects Nigeria to Bude in the UK, with landing points in Nigeria, London and Lisbon. Sixteen branching units connect the system to other countries in West Africa. The cable is expected to help lower the cost of bandwidth and provide competition to the SAT-3 system run by national operator Nitel.
dmeurope.com Monday, September 07, 2009Third of techies check their work email every day on holidayIt seems many people find it hard to forget about work completely when they're on holiday. The latest silicon.com poll, which asked how often people check their work email while vacationing, found more than a third of respondents (35 per cent) said they check their work emails at least once per day.
Silicon Monday, September 07, 2009Govt rules for a 6-month storage period for internet data(Telecompaper) Telecom
network and service providers will only have to keep internet data for six months, instead of the twelve months proposed earlier by the government. The Dutch ministry council voted on the shortened time-frame, which was suggested by minister of justice Hirsch Ballinn in the name of secretary of state Frank Heemskerk. The new time frame is not valid for the data from fixed or mobile telephony, which providers will still have to keep for twelve months. During debates in the upper chamber in July over the data saving law, the decision was taken to split the data into two categories, internet and telephony, in order to better monitor internet company practices, Ballinn said.
dmeurope.com Monday, September 07, 2009Surprise drop in August hiringSMALL drop in tech job vacancies, as other areas improve.
Australian IT Monday, September 07, 2009Seven time freeze traps UnwiredTHE wireless service provider started as 2.5G and will forever more remain so, apparently.
Australian IT Monday, September 07, 2009 1 2
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