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Webwire: AT&T buys T-Mo USA for $39b; Etisalat drops Zain bid

21 Mar 2011
00:00
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AT&T to buy T-Mobile USA for $39b

AT&T will acquire T-Mobile USA from parent company Deutsche Telekom for $39 billion, in a deal that will make AT&T the largest mobile operator in the US.

Wall Street Journal

Etisalat drops $12b bid for Zain

Etisalat has dropped its bid to buy a controlling stake in Zain, after deciding the political unrest in the Middle East and North Africa and disagreement among Zain shareholders made the deal “no longer viable.”

Bloomberg

EMC's RSA data security unit hacked

Data storage vendor EMC has disclosed that its security division was hacked, in an “extremely sophisticated” attack which may have compromised RSA SecurID two-factor authentication.

Associated Press

Sydney Morning Herald

Icann approves .xxx domains

Icann has approved the use of the .xxx top level domain for porn sites, despite far from unanimous agreement from governments and the adult industry over the move.

Financial Times

IBM pays $10m to settle Korea, China bribery case

IBM has agreed to pay $10 million to settle allegations it bribed South Korean and Chinese government employees to win business deals.

ABC News

Mosaid sues 17 firms over Wi-Fi patents

Canadian chipmaker Mosaid Technology has sued 17 vendors, including Huawei, RIM, Dell and Intel, alleging violation of 16 Wi-Fi patents the company holds.

Inquirer

UK's Phones4u sells for $1.13b

UK mobile phone retailer Phones4u, which has over 500 stores, has been bought out by BC Partners for nearly £700 million ($1.13 billion).

Telegraph

AT&T cracking down on unauthorized tethering

US operator AT&T has started informing mobile subscribers tethering via jailbroken iPhones that they must have a tethering plan to do so, and will be automatically signed up to one if they continue.

TiPb

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