FASTTAKES: Chunghwa Telecom, Virgin Mobile, AIS, Apple, On2

17 Aug 2009
00:00

Chunghwa Telecom is reportedly experimenting with LTE, and will commence deployment of the technology in 2011.

Virgin Mobile shareholders have begun a class-action lawsuit against the operator, alleging that Sprint Nextel's $483 million acquisition offer undervalues it.

Thai operator AISsaid net profit fell 23% to 8.76 billion baht ($257.6 million) during the first half year, with revenues declining 9.6% to 51.49 billion baht.

The Apple board of directors will reportedly meet tomorrow to pick a replacement for Google CEO Eric Schmidt, who resigned from the board this month.

On2 shareholders are challengingGoogle's bid to acquire the company for $106.5 million in a US court, claiming the deal is “unfair.”

Australian communications minister Stephen Conroy has announced a Wimax rollout in Adelaide as part of a broadband blackspot program, and appointed a stakeholder group to consult on greenfield fiber deployments.

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