INDIAN TELECOM REPORT HITS SHARES
Shares in Reliance Communications and the Indian real-estate developer Unitech dropped as much as 10 percent on the first day of trading after a government report claimed that they had violated licensing regulations in 2008. Both companies denied any wrongdoing Thursday.
HUAWEI FACES TEST WITH DEAL APPROVAL
Huawei’s image in Washington stands to be tested as it seeks government approval for a small acquisition deal for patent rights to software and chips manufactured by a company called 3Leaf in May. This is the first time Huawei has voluntarily filed for a review by the U.S. Committee on Foreign Investment since it was forced to abandon a 2008 joint bid for 3Com.
VODAFONE WARY OF RIVALS DATA-PRICING STRATEGY
Vodafone CEO Vittorio Colao said Thursday he is confident that Vodafone’s new pricing model will be successful in the long run, but he also acknowledged the risk of smaller operators starting a price war.
APPLE WARNED OVER BUILT-IN SIM CARDS
Some of Europe’s leading mobile operators have warned privately that they might refuse to subsidize the iPhone if Apple introduces its own Sim card.
AMÉRICA MÓVIL TO ADD 100M NEW USERS BY 2014
According to analysts’ estimates, América Móvil expects to increase its number of mobile subscribers by almost 100 million by 2014. The estimated expansion, reported during the company’s investor day in Mexico City on Thursday, would boost its mobile customer base to as much as 310 million.
ECONOMIST ON THE INTERNET OF THINGS
Only two days after meeting Ericsson’s CEO, Hans Vestberg, Economist tech editor, Tom Standage and telecoms correspondent, Ludwig Siegele speak about everything going connected as the main technology trend. From “connected cattle” to maintenance of jet engines they talk about the pros and cons of an all connected world (audio). This is part of a larger report on smart systems where Economist also referred to Ericsson’s vision of 50 billion connected devices by 2020.