Press Clippings: February 2011

Major Industry items you might have missed

Monday, February 28, 2011

TalkTalk and Tiscali pay GBP2.5m. refunds for bogus bills.

Source: BBC.

Two UK telecoms firms, TalkTalk and Tiscali, have repaid nearly GBP2.5m. to customers who were billed for services that had been cancelled.
The regulator Ofcom received more than 1,000 complaints but estimated some 62,000 could have been affected.
The customers had typically complained about aggressive demands for the payment of bills they did not owe.

Posted by Judith — 2:27 AM

Skype avoids mobile data ban with new Skype To Go service.

Source: Telecompaper.

Skype has introduced a new way to take advantage of its VoIP service without the need to access a PC or mobile data connection. The new Skype To Go service provides customers with an alternative number for contacts, so they can make low-cost calls from their mobile or fixed line using their Skype credit.

Posted by Judith — 2:08 AM

FIPB approves SSTL’s application for NLD licence.

Source: TeleGeography.

India’s Sistema Shyam TeleServices (SSTL), which offers its services under the MTS India banner, has had its application for a national long-distance (NLD) licence approved by the Foreign Investment Promotion Board. The telco is a joint venture between Russia’s Sistema and the local Shyam Group.

Posted by Judith — 1:43 AM

Sweden starts 800MHz spectrum auction.

Source: Telecompaper.

Sweden has started an auction of spectrum in the 800MHz band, expected to support the growing demand for mobile broadband services in the country. Six licences of 2x5MHz each are on offer, with each bidder limited to a maximum 2x10MHz.

Posted by Judith — 1:34 AM

Saturday, February 26, 2011

Russia launches navigation system satellite.

Source: Reuters.

Russia has launched one of the final satellites needed to complete a space-based navigation system, which Moscow hopes will challenge the dominant U.S. GPS.
Moscow is hoping the navigation technology Glonass will create a revolution in domestic consumer technology, with applications expected to be used in mobile telephones and automobiles.

Posted by Judith — 2:51 AM

Friday, February 25, 2011

Huawei calls on U.S. government to investigate it.

Source: Reuters.

China’s Huawei has challenged the United States to launch a formal investigation into its business, in an attempt by one of the world’s largest telecommunications equipment makers to clear its name from allegations that have blocked U.S. deals.
The highly unusual call follows the outcome of a recent U.S. government foreign investment review that is forcing Huawei to sell assets it bought from 3Leaf, a small U.S. company.

Posted by Judith — 2:48 AM

BT accelerates investment to help Northern Ireland become European fibre broadband leader.

Source: BT.

BT has announced a major broadband investment that will cement Northern Ireland’s position at the forefront of the fibre broadband revolution in Europe by March 2012. The investment is part of BT Group’s GBP2.5bn. fibre roll-out in the UK.

Posted by Judith — 1:00 AM

Thursday, February 24, 2011

India revives proposal of BSNL, MTNL merger.

Source: Telecompaper.

India’s Department of Telecommunications has revived a proposal for the merger of state-owned operators BSNL and MTNL. In its draft plan, the department while showing concern over the deteriorating performance of BSNL and MTNL said that BSNL and MTNL should be merged as they have complimentary operations and can combine their strengths for synergies.

Posted by Judith — 2:05 AM

Vodafone Germany selects Amdocs OSS for LTE rollout.

Source: TeleGeography.

Vodafone Germany, a subsidiary of UK-based telecoms group Vodafone, has selected Amdocs OSS software to support the rollout of its LTE network. The solution will increase the capacity and speed of data services it can offer to its customers, offering Vodafone automated LTE network planning and rollout processes to speed up network deployment at reduced operating costs.

Posted by Judith — 1:21 AM

Wednesday, February 23, 2011

Cable & Wireless Communications to sell Bermudan subsidiary.

Source: TeleGeography.

Cable & Wireless Communications has announced that it is to sell its fixed line business in Bermuda to The Bragg Group for US$70m. The deal is expected to be completed by the end of March pending government and regulatory approval. The Bragg Group currently provides cable-based services in Canada.

Posted by Judith — 4:04 AM

Huawei wins preliminary order in Motorola trade secrets case.

Source: Reuters.

China’s Huawei Technologies has won a federal court order barring Motorola Solutions from disclosing a variety of confidential Huawei information to rival Nokia Siemens Networks.
But Motorola Solutions said it was pleased that the judge denied Huawei’s request to block its US$1.2bn. sale of its networks business to Nokia Siemens.

Posted by Judith — 3:16 AM

VHA announces network improvements.

Source: TeleGeography.

Australian mobile network operator Vodafone Hutchison Australia (VHA), the joint venture between Vodafone Australia and Hutchison 3G Australia, has announced plans to replace 2G and 3G equipment across its network as part of an overarching project which aims to boost both coverage and the download speeds on offer.
The decision by VHA to undertake such a significant upgrade project has, in part, been prompted by complaints and technical issues relating to its existing infrastructure.

Posted by Judith — 2:52 AM

Europe India Gateway submarine cable ready for service.

Source: Converge.

The Europe India Gateway Submarine Cable, a new international fibre optic submarine cable system that links the United Kingdom, Bude, with Gibraltar, Portugal, Monaco, France, Libya, Egypt, Saudi Arabia, Djibouti, Oman, United Arab Emirates, and India, is ready to enter service along certain segments.

Posted by Judith — 1:55 AM

Australia’s NBN acquires AUSTAR Spectrum.

Source: Converge.

NBN Co will acquire AUSTAR’s 2.3 GHz and 3.4 GHz spectrum licences for $120m. The spectrum will enable NBN Co to roll out a high-speed fixed-wireless service to rural and regional areas.

Posted by Judith — 1:01 AM

Tuesday, February 22, 2011

TeliaSonera makes play for Polkomtel.

Source: TeleGeography.

TeliaSonera has confirmed that it has made an indicative offer for Polish wireless network operator Polkomtel; interested parties have until 4pm today to file their preliminary offers. Polkomtel has so far attracted interest from ten firms, including America Movil, Spain’s Telefonica and Egypt’s Orascom Telecom.

Posted by Judith — 4:18 AM

Chinese operators add 11.03m. mobile subs in January.

Source: Telecompaper.

China’s three major communications firms added a combined 11.025m. mobile customers in January, ending the month with a total of 852.988m. mobile users

Posted by Judith — 3:16 AM

Monday, February 21, 2011

CenturyLink to resell Verizon Wireless services.

Source: cellular-news.

USA based landline network CenturyLink has entered into an agreement to resell Verizon Wireless phones and services to its customers. The company is currently in the process of buying Qwest Communications - which is already a Verizon Wireless reseller.

Posted by Judith — 8:24 AM

Huawei withdraws from 3Leaf acquisition in US.

Source: Telecompaper.

Huawei has decided to accept a decision by the US foreign investment committee and drop its acquisition of parts of US-based 3Leaf. The Committee on Foreign Investment in the United States had recommended Huawei withdraw the acquisition due to security concerns about the Chinese company.

Posted by Judith — 6:40 AM

Zain rejects all three bids for Saudi unit.

Source: TeleGeography.

Kuwait-based Zain Group has confirmed that it has rejected all three bids to sell its 25% stake in Zain Saudi Arabia. The respective bids were lodged by Saudi investment vehicle Kingdom Holding Company (KHC), local consortium the Al-Riyadh Group, and Bahrain Telecommunications Company (Batelco).

Posted by Judith — 5:56 AM

Friday, February 18, 2011

House votes to stop FCC funding for net neutrality.

Source: Washington Post.

House Republicans have voted to prohibit the Federal Communications Commission from using funds to carry out net neutrality regulations created last December.

Posted by Judith — 1:54 AM

Clearwire eyes end to Sprint fight.

Source: Reuters.

Clearwire has promised that it will soon boost revenue “substantially” by ending a fight over the rates it charges to Sprint Nextel, its biggest customer and investor.
Shares in Clearwire, which is 54% owned by Sprint, rose after the high-speed wireless service provider said it expects an imminent resolution to its wholesale rate dispute with Sprint, which rents network space from Clearwire.

Posted by Judith — 1:44 AM

RIM says it will not be singled out on India security demands.

Source: Reuters.

ReIM has announced that the Indian government had assured the Canadian smartphone maker that it would not be singled out when it came to security concerns for encrypted emails.

Posted by Judith — 1:32 AM

China Mobile signs co-operation agreement with Vodafone.

Source: cellular-news.

In a very short statement, China Mobile said that it had signed a “strategic co-operation framework agreement” with Vodafone. Vodafone currently owns a 3.2% stake in China Mobile - but recently said that will sell the stake.

Posted by Judith — 1:09 AM

Thursday, February 17, 2011

Ofcom to auction 2010MHz band for mobile broadband use.

Source: TeleGeography.

The UK’s communications regulator, Ofcom, has said that unused wireless radio spectrum in the 2010MHz-2025MHz band could be used for mobile broadband services in the longer term. The watchdog has released the results of its May 2010 consultation on the potential applications for the spectrum, and has revealed that it plans to award the spectrum via auction, with a further consultation on the details of an award to be held as soon as practicable. The earliest expected award of the frequencies is in around a year’s time.

Posted by Judith — 3:55 AM

Abroadband launches mobile data roaming tariff for Europeans.

Source: Telecompaper.

A1 Telekom Austria has launched a mobile data roaming service called abroadband for all mobile customers in the European Union plus Switzerland and Liechtenstein. In the near future, abroadband will also be sold in more than 50 countries around the world, including countries outside Europe.

Posted by Judith — 2:02 AM

FCC net neutrality rules face opposition from Congress.

Source: Telecompaper.

A number of Republican Congressmen have introduced a resolution aimed at overturning the FCC’s latest net neutrality rules. It would need to pass both houses of Congress and get president Barack Obama’s signature before taking effect. The resolution takes a similar approach to Verizon’s lawsuit against the FCC on the measures, claiming the regulator does not have the authority to make such rules.

Posted by Judith — 1:23 AM

ZTE, KPN partner for LTE trials.

Source: TeleGeography.

Chinese equipment vendor ZTE and Dutch telecoms company KPN have announced a joint development programme for the application of LTE technology in Germany and Belgium. The pair have scheduled a field trial programme for 2011 to investigate the capabilities of ZTE’s commercial equipment, giving KPN the flexibility to speedily upgrade its network equipment to LTE in the future.

Posted by Judith — 1:00 AM

Wednesday, February 16, 2011

OFT approves BSkyB’s purchase of The Cloud.

Source: TeleGeography.

The UK’s antitrust regulator, the Office of Fair Trading (OFT) has ruled that the proposed acquisition of public Wi-Fi provider The Cloud by triple-play provider BSkyB will not create a merger situation as per the provisions of the Enterprise Act 2002. Following the OFT’s decision the purchase is expected to move forward without any further issues.

Posted by Judith — 3:27 AM

Telefonica, eBay strike global app deal.

Source: Telecompaper.

Telefonica has signed a partnership agreement with eBay. Under the terms of the contract, eBay will work with Telefonica to make its shopping service available on most smartphones and feature phones sold by the company via its O2 brand in the UK. This is the first mobile pre-load deal agreed by eBay anywhere in the world.

Posted by Judith — 2:26 AM

Government appeals Wind Mobile ruling.

Source: TeleGeography.

The federal government of Canada is appealing a court ruling which overturned its decision to allow the December 2009 launch of Egyptian-backed cellco Globalive Wireless (Wind Mobile) under its existing ownership structure.

Posted by Judith — 1:23 AM

Tuesday, February 15, 2011

Huawei told to drop 3Leaf acquisition in US.

Source: Telecompaper.

A US foreign investment panel has decided Huawei Technologies should divest itself of a small company the Chinese telecom-equipment maker bought in May. Huawei said it was told by the Committee on Foreign Investment in the United States that it must divest the company or the committee will make a recommendation to the US president that the deal be unravelled. Huawei has decided to take its chances with the president, who doesn’t have to act on the recommendation.

Posted by Judith — 2:59 AM

Europe seeks ways to lower data roaming charges.

Source: NYT.

The European telecommunications commissioner has announced that she will probably seek new regulations to end the high charges Europeans face when using data services on smartphones outside their home countries.
The commissioner said that limits on the fees operators charge each other for mobile data roaming, which were enacted in 2007, had failed to significantly lower costs to consumers.

Posted by Judith — 1:45 AM

CenturyLink-Qwest merger approval postponed in Minnesota.

Source: connected planet.

The Minnesota Public Utilities Commission has dealt the pending CenturyLink-Qwest Communications merger a surprising blow, voting 3-2 to delay its approval of the deal until at least next month while it takes a closer look at whether or not the match is in the public interest.
The deal had cruised through several state regulatory approvals after being announced in April 2010, but has faced increasing scrutiny since, and the companies made deals with regulators in several states to commit more funds toward network investments in coming years.

Posted by Judith — 1:08 AM

Monday, February 14, 2011

Linux group hopes to gain from Nokia-Microsoft pact.

Source: Reuters.

Wireless Linux group LiMo hopes to benefit from a tie-up between Microsoft and Nokia as this should push smaller phone makers to seek alternative software platforms.
Computer operating system Linux has started to win traction in mobile with Google Inc’s Android rising to the No. 1 spot in global smartphone rankings last quarter, helped by a wide array of models from many vendors.
LiMo, a non-profit foundation, hopes to benefit from its focus on giving greater say over software development to telecoms operators, but it has struggled to win wider adoption outside Japan.

Posted by Judith — 2:45 AM

Motorola Mobility to buy software start-up .

Source: WSJ.

Motorola Mobility has agreed to buy a small company developing software to boost the security of mobile devices powered by the Android operating system and spur wider use by businesses.

Posted by Judith — 2:10 AM

Telefonica unveils Frigo multi-platform apps environment.

Source: Telecompaper.

Telefonica has introduced a service that enables customers to access, manage and enjoy apps on almost any mobile phone, tablet, netbook, mobile PC, set-top box TV as well as many other homescreen devices. The service automatically backs-up content to The Cloud. The multi-platform apps environment will be launched this year in seven countries where Telefonica operates, namely Argentina, Brazil, Germany, Ireland, Mexico, Spain and the UK.

Posted by Judith — 1:53 AM

Pay-As-You-Go for WiFi hotspot owners.

Source: BWCS.

Skype Access has officially launched a partner programme for WiFi hotspot operators. BT Openzone, Fon and Tomizone, amongst others, have reportedly signed up to provide Internet access for consumer and business users on-the-go using Skype. The company enables users to log on using their Skype accounts and then pays the hotspot provider accordingly.

Posted by Judith — 1:47 AM

Friday, February 11, 2011

Nokia and Microsoft form partnership.

Source: BBC.

Nokia has joined forces with Microsoft in an attempt to regain ground lost to the iPhone and Android-based devices.
The deal will see Nokia use the Windows phone operating system for its smartphones.

Posted by Judith — 4:15 AM

Deutsche Telekom and France Telecom form alliance to share services.

Source: cellular-news.

Deutsche Telekom and France Telecom/Orange have announced a deal to look at sharing their radio access networks across Europe as part of a wider cooperation agreement. In addition to network sharing, they are looking at some sort of agreement to standardise equipment specifications.

Posted by Judith — 3:21 AM

2degrees confirms NZ$100m. network expansion plans.

Source: TeleGeography.

2degrees, New Zealand’s third largest mobile operators by subscribers, has announced that it intends to invest more than NZ$100m. (US$76.8m.) in its network over the next two years. The deal will see strategic partner Huawei Technologies increase the size, capacity and capability of the 2degrees network.

Posted by Judith — 2:08 AM

Thursday, February 10, 2011

Telstra, NBN finalise commercial terms of NBN deal.

Source: Telecompaper.

Australian communications firm Telstra has finalised key commercial terms with NBN, in an agreement that is expected to deliver approximately AU$9bn. in post-tax net present value to Telstra.

Posted by Judith — 3:05 AM

Cuba welcomes new internet cable link with Venezuela.

Source: BBC.

Cuba has welcomed the arrival of an undersea fibre-optic cable linking it to Venezuela as a blow to the US economic embargo.
The cable will transform communications in Cuba, which has among the slowest internet speeds in the world.

Posted by Judith — 2:14 AM

Wednesday, February 9, 2011

Samsung Electronics and IBM announce patent cross-license agreement.

Source: cellular-news.

Samsung Electronics and IBM have announced a patent cross-license agreement, under which the companies will license their respective patent portfolios to each other. Specific terms and conditions of the agreement were not disclosed.

Posted by Judith — 2:54 AM

Cable & Wireless acquires 51% stake in BTC.

Source: Telecompaper.

Cable & Wireless Communications has signed an agreement with the government of the Bahamas to acquire a 51% stake in the Bahamas Telecommunications Company (BTC). CWC has also developed a business and restructuring plan for BTC to improve and expand its services and increase its customer focus.

Posted by Judith — 2:09 AM

Worldwide mobile device sales to end users reached 1.6bn. units in 2010.

Source: cellular-news.

Worldwide mobile device sales to end users totalled 1.6bn. units in 2010, a 31.8% increase from 2009. Smartphone sales to end users were up 72.1% from 2009 and accounted for 19% of total mobile communications device sales in 2010.

Posted by Judith — 1:34 AM

Nokia at crisis point warns new boss Stephen Elop.

Source: BBC.

Nokia’s new CEO has sent an outspoken and frank memo to his staff that suggests the phone giant is in crisis.
Stephen Elop describes the company as standing on a “burning platform” surrounded by innovative competitors who are grabbing its market share.
In particular, he said, the firm had been caught off guard by the success of Google’s Android operating system and Apple’s iPhone.

Posted by Judith — 1:28 AM

DoCoMo and KT Corp ink deal on cross-border NFC mobile payments.

Source: cellular-news.

Japan’s NTT DoCoMo and South Korea’s KT Corp have announced a joint agreement to develop cross-border services for mobile payments based on NFC technology, which they will launch in their respective markets of Japan and South Korea from around the end of 2012.

Posted by Judith — 1:16 AM

Czech cellcos ink 3G network sharing deal.

Source: TeleGeography.

The Czech mobile arms of Telefonica and T-Mobile have signed a 3G network sharing agreement covering areas not already served by UMTS. The move should bring mobile internet services to a number of new towns and cities when a pilot commercial operation is implemented in the second quarter of 2011.

Posted by Judith — 1:00 AM

Tuesday, February 8, 2011

FCC to vote on USF reform.

Source: Telecompaper.

US FCC chairman Julius Genachowski has outlined plans to reform the universal service fund in order to free up funding for expanding broadband access. The plan aims to improve efficiency and accountability at the USF, diverting some of the money saved to the Connect America fund for broadband expansion.

Posted by Judith — 2:19 AM

French telcos opt against raising mobile prices.

Source: TeleGeography.

France’s second largest fixed and mobile telecoms service provider SFR yesterday announced it will not be increasing its prices to existing mobile users after all, prompting larger rival France Telecom (FT) to mirror its move within hours. The country’s main players previously announced their intention to raise prices after the government implemented a rise in VAT on triple-play bundles.

Posted by Judith — 1:48 AM

Monday, February 7, 2011

Canadian court quashes approval of Wind Mobile.

Source: Telecompaper.

Canadian mobile operator Wind Mobile said that the Federal Court of Canada has ruled that the cabinet decision saying that Wind Mobile’s ownership is fully compliant with Canada’s ownership and control rules contained two errors and should therefore be quashed. The decision does not go into effect for 45 days. Globalive has 30 days to file an appeal.

Posted by Judith — 3:16 AM

N.Z. selects Telecom, Vodafone for rural broadband.

Source: Businessweek.

New Zealand’s government has selected Telecom NZ and Vodafone as partners to build a broadband Internet network across New Zealand’s rural areas.
Commercial negotiations with the two companies have begun and are likely to be concluded by the end of March. The contract is worth about NZ$285m. (US$219m.).

Posted by Judith — 2:08 AM

HTC buys stake in Saffron Digital.

Source: cellular-news.

Taiwan based handset manufacturer, HTC says that it is making a “strategic investment” in the UK based Saffron Digital, a software firm based around mobile content delivery. Saffron Digital has seen its technology integrated into products and services in Europe by HTC, LG, Paramount Digital Entertainment, Sony Ericsson, T-Mobile and Nokia, among others, and in the USA by Samsung.

Posted by Judith — 1:15 AM

Cisco to acquire Inlet Technologies.

Source: Telecompaper.

Cisco has agreed to acquire US privately-held Inlet Technologies to strengthen its Videoscape TV platform, allowing service and content providers to deliver video experiences to any device over any IP network. Under the terms of the agreement, Cisco will pay approximately US$95m. in cash and retention based incentives in exchange for all shares of Inlet.

Posted by Judith — 1:04 AM

Friday, February 4, 2011

South Africans take to mobile banking.

Source: Telecompaper.

Mobile phone banking among South Africans has surged in the past year, with 44% of urban users, up from 27 % last year, now using these services. In smaller centres and towns, 27% now use mobile phone banking, suggesting that rural areas lag urban users by about a year in take-up of these services.

Posted by Judith — 4:43 AM

FT commits to far-reaching FTTH rollout plan.

Source: TeleGeography.

France Telecom, which brand services under the Orange banner, has answered the government’s request for detailed information on its plans to invest in ultra-high speed broadband networks by announcing plans to reach 60% of households (i.e. 15 million homes) with FTTH by 2020, with an interim target of ten million households by 2015.

Posted by Judith — 4:06 AM

Verizon may curb heavy iPhone data users.

Source: Reuters.

Verizon Wireless warned customers it may clamp down on heavy users of its wireless data services before an anticipated deluge of Apple Inc iPhone customers.
The mobile service provider is expected to benefit from strong pent-up demand for the device as it ends AT&T Inc’s more than three-year hold on U.S. iPhone sales.

Posted by Judith — 3:16 AM

Softbank buys 35% in Chinese online TV provider.

Source: Telecompaper.

Japanese communications provider Softbank has acquired a 35% stake in Synacast, also known as PPLive. The company operates an online TV service in China called PPTV with 200m. users and 105m. active monthly users.

Posted by Judith — 2:20 AM

Thursday, February 3, 2011

Fon growth accelerating.

Source: BWCS.

WiFi network company, Fon, has amassed more than three million hotspots.
Backed by such industry heavyweights as Google and Skype, Fon says its growth is accelerating. This is in no small part down to the distribution partnerships it has struck with telecoms around the world.
Fon’s telco partners include BT, MTS (Comstar-UTS) Russia, SFR France, SoftBank Japan and ZON Portugal.

Posted by Judith — 4:55 AM

Ofcom considers spectrum trades.

Source: Independent.

The communications watchdog has revealed plans to allow mobile phone operators to trade their valuable radio spectrum with each other, to make the services faster and more reliable.
Ofcom has drawn up the new proposals which, if agreed, will mark the first time UK operators have been allowed to make such trades to help increase capacity and efficiency in the network. The consultation will take six weeks.

Posted by Judith — 3:32 AM

French operators, Atos form Buyster e-payment venture.

Source: Telecompaper.

French-headquartered IT services group Atos Origin has formed a joint venture with the country’s three MNOs, Orange, SFR and Bouygues Telecom, to develop an internet payment platform to take on PayPal, Google and Apple.

Posted by Judith — 2:57 AM

Wednesday, February 2, 2011

US rural telecoms operators seeking mandatory mobile data roaming.

Source: cellular-news.

The USA based telecoms trade association, the Rural Cellular Association (RCA) has filed a letter with the telecoms regulator, again urging the FCC to adopt an automatic data roaming mandate. The RCA claims that its members continue to experience difficulties obtaining reasonable data roaming agreements with the large national carriers - refuting a notice from Verizon Wireless last month claiming the exact opposite.

Posted by Judith — 5:21 AM

Blackberry faces Indian showdown after missing deadline.

Source: BBC.

Indian Blackberry users could face a ban after the gadget’s maker failed to meet a government deadline to grant access to all its services.
Officials in Delhi say they need to read encrypted Blackberry messages to help guard against terrorist attacks.
They have been locked in negotiations with RIM, which makes the popular device, since last summer.
However as a January 31 deadline passed, RIM said it would not lift encryption for its business clients.

Posted by Judith — 4:51 AM

Airtel, Mastercard launch mobile payments card in Africa.

Source: Telecompaper.

Airtel Africa, Standard Chartered Bank and MasterCard Worldwide have announced the launch of the world’s first virtual card that operates off a wallet residing on a mobile phone. This payment method known as the Airtel 1time Shopping Card will soon be available in Kenya and rolled out to markets across Africa, subject to regulatory approvals.

Posted by Judith — 2:06 AM

Tuesday, February 1, 2011

Sky Italia, FastWeb ink deal to offer bundled services.

Source: TeleGeography.

Italian broadband operator FastWeb, and Sky Italia, the local pay-TV unit of News Corporation, have reportedly signed a strategic agreement to offer Sky’s satellite TV service in tandem with broadband and fixed line telephony services from FastWeb.

Posted by Judith — 3:57 AM

Facebook Deals gives local shopping discounts.

Source: BBC.

Facebook is launching a service that allows British users to earn discounts from high street businesses.
People who visit participating shops can log in using from their mobile phones to receive rewards.
The service ties into Facebook Places, an add-on for mobile phones that launched in 2010 as a way for users to share their location with friends.

Posted by Judith — 3:02 AM

Telecom Italia sells 27% of Etecsa for US$706m.

Source: Telecompaper.

Telecom Italia has sold its 27% stake in Cuban operator Etecsa to Havana-based financial company Rafin for US$706m.

Posted by Judith — 2:00 AM

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