MTN committed to Iranian market
MTN Group will not bow to international pressure to exit its the Iranian telecom market, where it owns a 49% stake in Iran's second-largest mobile operator, unless South Africa implements official sanctions against the nation.
Sprint may call off LightSquared partnership
Sources claim US operator Sprint Nextel may end its network sharing deal with beleaguered wireless venture Lightsquared as early as next week, following regulator FCC's decision to deny LightSquared's plans to build an LTE network.
TOT union files corruption complaint against exec
TOT's labor union has asked Thailand's anti-corruption commission to probe an executive at the state-owned telecom company, claiming irregularities in a soft switch purchasing contract.
Vivendi may cut hundreds of SFR jobs
French media group Vivendi may cut hundreds of marketing and administration jobs at wireless unit SFR in response to increased competition in the French mobile market.
PLDT on track to surrender a 3G license
The Philippines' PLDT has assured regulators it is on track to surrender the 3G license held by subsidiary CURE on-schedule in July, fulfilling a condition of its $1.6 billion acquisition of former mobile rival Digitel.
Hackers hit Panda Labs after LulzSec arrests
Hacker group AntiSec has attacked the website of security vendor Panda Labs, claiming retaliation for Panda Labs allegedly helping law enforcement officials track down and arrest members of LulzSec.
Facebook now has 31 underwriters for IPO
Facebook has hired 25 new underwriters for its up to $100 billion IPO, bringing the total number of banks supporting the deal up to 31.
IBM's Watson computer gets Wall Street gig
Watson, the IBM supercomputer which famously won the quiz show Jeopardy, will be put to work providing financial markets analysis and advice. Citigroup has become Watson's first Wall Street client.
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