Webwire: Synchronica co-founders quit; OTE workers agree to pay cut

Synchronica loses co-founders including CEO

Shares in mobile messaging company Synchronica took a hit on Friday following news that its married co-founders, CEO Carsten Brinkschulte and CTO Nicole Meissner, have stepped down due to disagreement over how to restructure the company.

Financial Times

OTE workers agree to pay cut to protect jobs

Workers at Greece's OTE have agreed to accept an effective pay cut of an average of 11%, in exchange for a pledge by the operator not to lay off any employees.

Reuters

PCCW aims to raise $1.3b from spinoff

PCCW has revealed it expects to raise HK$10 billion ($1.28 billion) by spinning off its telecom assets into a separately listed business trust, and that the trust will have a market cap of at least HK$28.6 billion.

Bloomberg

ZTE to launch 4G smartphones in mid-2012

China's ZTE plans to launch its first 4G smartphones in Q2 next year, and has already started preliminary negotiations with overseas operators.

Reuters

Aust defense networks attacked 30 times daily

Attacks on Australian defense networks have increased by more than 350% over the last two years, with systems currently facing more than 30 incidents per day.

Sydney Morning Herald

Etisalat launches LTE in UAE

The UAE's Etisalat has launched LTE services in its home market, via a network currently covering around 70% of the nation's urban areas.

Khaleej Times

Google subject of apparent MVNO hoax

Purported photographic evidence that Google is planning an MVNO venture in Europe - starting in Spain - has been making waves on the internet, but appears likely to be a hoax.
paidContent.org

Thai inmates try to smuggle phones with toy copter

Officials at a maximum security Thai prison have unearthed a scheme to smuggle mobile phones and accessories into the facility using a radio-controlled helicopter.

Bangkok Post