Vivendi to buy rest of SFR from Vod for $11.3b
Vivendi will buy the 44% stake in French mobile operator SFR it does not own from Vodafone for €7.95 billion ($11.31 billion). Vodafone plans to use €4.5 billion of the proceeds for a share buyback.
CAT pulls DTAC's 3G nod over concession row
CAT Telecom has pulled its approval for DTAC to provide 3G wireless broadband services, after DTAC refused to agree not to seek compensation if its concession is pulled due to the dispute over revenue sharing. Most of CAT's board has quit in recent weeks for fear of legal reprisals over the issue.
NBN Co delays construction tender
Australia's NBN Co has indefinitely delayed the construction tender process after receiving higher than expected bids from every infrastructure contractor participating. Communications minister Stephen Conroy said he understands the state-owned company will try to go a different route.
Ericsson sues ZTE, ZTE counters
Ericsson is suing ZTE alleging infringement of GSM and W-CDMA patents. ZTE has revealed it will file complaints with China's State Intellectual Property Organization in response, claiming violation of its own patents.
Three pull bids for Syrian mobile license
Only two players remain in Syria's auction for a third mobile license, after Etisalat, Turkcell and France Telecom withdrew from the bidding process in protest of the license terms.
CenturyLink completes Qwest acquisition
The USA's CenturyLink has completed its acquisition of Qwest, after paying $12 billion in stock and assuming nearly $12 billion in debt, and is now the nation's third largest fixed line operator.
NTC to probe PLDT-Digitel deal
Philippine regulator NTC will review the planned purchase of Digitel by PLDT amid concerns that the deal could create a duopoly in the market, driving prices up for consumers.
US weighs in on India's 2G scandal
India's 2G spectrum scandal is creating uncertainty for both foreign and domestic companies and investors, the United States Trade Representative (USTR) has warned.