PORTUGAL TELECOM ‘GOLDEN SHARES’ RULED ILLEGAL
Only hours after Telefónica and Portugal Telecom agreed to “look for possible solutions” to the dispute over Vivo, The European Court of Justice ruled that PT’s use of “golden shares” to block the sale of a stake in the two companies’ Brazilian joint venture were unlawful. WSJ writes that Portugal's minister of the presidency, Pedro Silva Pereira, said Lisbon disagrees with the "judicial interpretation" on which the court ruling was based.
DOCOMO LAUNCHES APP PLATFORM, IN 3G TALKS WITH GAME-DEVICE MAKERS
NTT DoCoMo plans to add an Apple-style app platform to its closed i-mode data service. “We feel the best advantage of the smartphone is its open application platform, so we want to incorporate that open application environment to the [mass market] i-mode handsets as well,” CEO Ryuji Yamada told FT. WSJ writes that DoCoMo is in talks with videogame-device makers about adding 3G-network connections to the next generation of hand-held consoles.
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