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FASTTAKES: Foxconn, Microsoft, Bharti, FPT, MTNL, Cisco

26 May 2010
00:00
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Foxconn chairman Terry Gou has rushed to Shenzhen following another suicide at the company’s electronics plant on Tuesday. He has called a press conference Wednesday, FT.comreports.

Microsoftannounced that Robbie Bach, head of its entertainment and devices division, will step down. Bach was the prime mover behind the Xbox and the recent Windows Phone 7 revamp. CEO Steve Ballmer will take responsibility for the mobile software and Xbox unit.

Google says it generated $54 billion of economic activity for the US economy in 2009.

Bharti Airtel has secured a $1.8 billion loan to pay for 3G spectrum, reports Business Standard.

Microsoft and listed Vietnam conglomerate FPT have signed a deal to develop cloud computing services in Vietnam, reports the Saigon Times.

MTNL’s chairman Kuldeep Singh said the firm hopes to issue a fresh tender for the management of its 3G network by June. The previous tender was reportedly scrapped due to regulatory concerns.

Cisco has launched its first smart grid routers and switches.

Indian telecoms tribunal TDSAT won’t investigate GSM operator complaints over the regulator’s proposed one-time fee for spectrum allocated above 6.2MHz. However, Bhari, Vodafone and Idea are free to pursue the matter in court.

Worldwide server shipments grew 23% year over year in Q1, while revenue increased 6%, according to Gartner.

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