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Monday, May 17, 2010

Financial Times

HTC fights back against Apple
HTC filed a complaint Wednesday claiming that Apple has violated five of its patents pertaining to mobile phones. “This is an inevitable outcome of the iPhone versus Android competitive dynamics,” Jeffrey Hammond, a mobile analyst at Forrester Research said.
Financial Times 
Seoul to curb telecom marketing spending
The Korea Communications Commission announced that starting this month it would limit the sum market leaders SK TelecomKT Corp and LG Telecom spend on marketing, to 22 percent of revenues from fixed-line and wireless businesses, in a move aimed at boosting profits and encouraging investment in technology
and services. The regulator expects the rule to see the three cut their total marketing costs by 12 percent over last year, to KRW7,030 billion (USD 6.2 billion).
Financial Times 
Indian telecom groups protest charges
A move by India’s telecom regulator to impose retrospective charges for use of mobile spectrum has provoked protest from Bharti Airtel and Vodafone Essar. FT writes that analysts estimate that the recommendations from the Telecoms Regulatory Authority of India could cost Bharti about USD700 million and Vodafone around USD650 million, at a time when they are facing billions of dollars in outlays on 3G mobile spectrum.

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