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KT's net income up 89% in H1(Telecompaper) Korea Telecom (KT) saw its revenues and net income go up in the first half ended 30 June, boosted by the contribution of mobile and wireless revenues, as well as the merger with mobile unit KTF. Revenues were KRW 6.34 trillion, up 5.7 percent from KRW 5.99 trillion in the year-ago period. Wireless and mobile revenues rose 73 percent to 1.47 trillion, while fixed telephony revenues contracted by 9 percent to KRW 2.51 trillion. Internet revenues slipped by 2.4 percent to KRW 1.29 trillion due to a stagnant internet user base and decreased ARPU caused by increased discounts for bundling and long-term contractors. Data revenues were similar to last year's at KRW 807.7 billion. EBITDA stood at KRW 1.78 trillion, up 5.9 percent. Net income surged by 89.3 percent to KRW 595.7 billion from KRW 314.6 billion in H1
2008. KT ended the six-month period with 19.85 million fixed-line subscribers, down by 5.2 percent. However, the VoIP subscriber base almost quadrupled year-on-year to
DMeurope.com Monday, August 10, 2009Inside the short, troubled life of a music start-upHyped music service SpiralFrog had money, big partners, and promising traffic. But it lacked effective leadership and a strong business model.
CNET Monday, August 10, 2009Plenty of proof that ads don't support Web musicA profitable company has yet to rise out of the sector, and SpiralFrog's collapse is a powerful illustration that online advertising can't yet support music. There might be hope.
CNET Monday, August 10, 2009Toshiba signs up for Blu-rayIts rival format long since gone, Toshiba will move on with a new range of DVD players, HDTVs, and laptops that support multiple storage devices.
CNET Monday, August 10, 2009Telstra, Acer in mobile laptop dealTELSTRA and Acer have teamed up to bundle built-in wireless mobile broadband with selected notebooks.
Australian IT Monday, August 10, 2009Microsoft Throws Back RazorfishSale of digital ad unit to Publicis latest sign Redmond is returning to software roots.
Information Week Monday, August 10, 2009Nortel CEO Zafirovski set to step down - report(Telecompaper) Nortel Networks CEO Mike Zafirovski is planning to leave
the company within weeks, people familiar with the matter told the Wall Street Journal. Zafirovski joined the company in late 2005, after previously heading Motorola's mobile phone business. Nortel expects to find bidders for most of its remaining assets by the end of next month, Zafirovski said, while the company could accept a bid for its largest remaining division, Metro Ethernet, as soon as next week, one person familiar with the matter told the paper. Top contenders include Ciena. Nortel is expected to set up an ongoing entity to service existing equipment. Another informed person said he can't imagine Zafirovski "will have any interest in presiding over a residual company".
DMeurope.com Monday, August 10, 2009T-Mobile to build HSPA network with Nokia Siemens(Telecompaper) T-Mobile Czech Republic has selected Nokia Siemens Networks to build a 3G network based on the HSPA technology. Scheduled for
launch in the Prague capital by year-end, the network will leverage
energy-efficient Flexi multiradio base stations. T-Mobile plans to use the new network to provide its customers across Czech Republic with high-speed mobile data services, with download speeds of up to 14.4 Mbps and upload speeds of 5.7 Mbps.
DMeurope.com Monday, August 10, 2009Tr.im URL Shortener AxedDeveloper Nambu says it can no longer afford to support the widely used Twitter add-on.
Information Week Monday, August 10, 2009Public spied on 1,500 times a day in UK, study findsLondon (Reuters) - Police, councils and the intelligence services made more than 500,000 requests to access private emails and telephone records in the UK last year, according to an annual surveillance report.
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