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Webwire: Telstra, Nokia, Vodafone, Cisco, BT, Verizon

07 Feb 2011
00:00
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Analysts forecast profit slump for Telstra

Analysts expect Australia's Telstra to report an up to 25% decline in profit for the half-year ending in December, as a result of a continuing decline in domestic fixed-line revenue and soaring customer acquisition costs.

The Australian

Nokia planning management shake-up?

Nokia is rumored to be planning to sack several executives, including the head of its mobile phone unit, in a management shake-up thought to form part of CEO Stephen Elop's strategic revamp.

Reuters

Vodafone made to send out pro-Mubarak SMSs

Vodafone has admitted to being forced to send several SMSs to its Egyptian customers written by but not attributed to the Mubarak regime, including one calling for citizens to “confront the traitors” protesting in the streets.

Bikyamasr

Cisco boosts streaming video portfolio

Cisco plans to acquire video streaming technology developer Inlet Technologies for $95 million, in a bid to lift its multi-platform video capabilities and fend off rising competition from HP and others.

Dow Jones Newswires

BT almost doubles Q3 net

Bloomberg BusinessWeek

Verizon sees strong CDMA iPhone sales

The CDMA iPhone has helped Verizon pre-sell more phones than any other first day launch in the company's history – two hours into taking orders – with both Verizon and Apple quickly selling out.

GigaOM

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