Nokia Siemens chief Rajeev Suri says the firm’s parents won’t be pumping any additional cash into it, despite it burning through reserves too quickly.
AT&T ups ante in T-Mobile takeover
AT&T is considering an offer to sell up to 40% of T-Mobile USA to get round competition concerns over a planned $39 billion acquisition of its smaller rival.
BlackBerry launch in Indonesia leads to riots
RIM may be facing market share pressures in most markets, but new BlackBerrys are still a hot commodity in Indonesia – the global debut of the BlackBerry Belagio in the nation had to be called off early, due to riots inflamed by rumors it had sold out. As many as 90 people were injured.
AU appeals judge questions Samsung injunction
An Australian appeals court judge has indicated that the lower-court ruling ordering an injunction on Samsung selling its Galaxy Tab 10.1 in Australia is “not terribly fair to Samsung,” suggesting the ban may be overturned.
Apple is adding Japan-based Sharp to its list of iPad screen suppliers, extending an existing deal covering iPhone displays.
Nokia applies to delist from Frankfurt exchange
Nokia has applied to delist from the Frankfurt stock exchange, citing lower trading volumes. The company has also delisted from the London, Paris and Stockholm exchanges over the last eight years.
Samsung working on Galaxy Nexus volume bug
Samsung is working on a fix to a glitch causing intermittent drops in volume on calls made on its Galaxy Nexus smartphone – the debut device to use Android 4.0.
Azercell applies for Azerbaijan LTE license
Azerbaijan's Azercell Telekom has submitted an application for an LTE license to the ICT ministry. Azercell is a subsidiary of Sweden's TeliaSonera, the first operator to have gone live with LTE.