Australia targets $4.3b from 4G auction
The Australian government hopes to raise A$4 billion ($4.27 billion) from the November auction of 700-MHz and 2.5-GHz spectrum.
India's Reliance Communications has reported a 61% slump in fiscal Q3 profit to 1.86 billion rupees ($37.57 million), due to growing costs coupled with declining revenue.
Apple sues again to block Samsung phone in US
Apple has filed a fresh legal challenge against Samsung in the US, this time seeking to block sales of the Galaxy Nexus in the market.
Google Wallet suspends prepaid after exploit found
Google has temporarily suspended prepaid provisioning of debit cards linked to its Google Wallet NFC service, after security researchers discovered ways to gain unauthorized access to users' funds by forcing a reset of the PIN protecting a handset.
RIM aims to double footprint in India
RIM hopes to double its footprint in India, aiming to increase its presence to 160 cities. The company currently has around 4,000 retail points of presence in the nation, and three national distributors.
Telus reports 5% profit growth for Q4
Canada's Telus lifted its Q4 profit 5% to $237 million, but just missed analysts' lofty expectations with the result.
Etihad Etisalat secures $2.7b loan
Saudi Arabia's Etihad Etisalat has secured a 10 billion riyal ($2.67 billion) loan facility from several major banks, as part of a debt restructuring exercise.
Vodafone names chair for Vodafone India
Vodafone has appointed entrepreneur Analjit Singh as the new non-executive chairman of Vodafone India, effective from this Thursday.
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