Tech Mahindra to acquire Satyam in $1.8b deal
Indian software services company Tech Mahindra has arranged to acquire the remaining 57% of Satyam Computer Services that it does not own, through a share-swap deal which values the latter at $1.8 billion.
Australia to get universal service overseer
Australian parliament has passed legislation allowing for the creation of a new agency to assume responsibility for enforcing universal service obligations and standards.
US senators object to Verizon-Comcast deal
US lawmakers have used a senate hearing to raise a series of objections to Verizon Wireless' controversial deal to bundle mobile subscriptions with cable and internet plans from Comcast, for fears it would reduce competition in the cable and internet sectors.
Vodafone Australia hires new CEO
Vodafone has brought in former European CEO Bill Morrow to replace outgoing Vodafone Australia CEO Nigel Dews.
London, Edinburgh, Belfast and Cardiff are among ten UK cities that will receive a share of a £100 million ($158.7 million) government funding pot to boost high-speed web connectivity.
iPad 3 burns up data allowances
LTE access on Apple’s iPad 3 is catching some users out, as they burn through their monthly data allowance in a matter of hours.
Oracle earnings beat forecasts
Oracle beat analyst’s predictions with fiscal 3Q earnings per share of $0.62, following a steady rise in software sales.