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Samsung Plans $7 Billion Investment in Chinese Semiconductor Factories

Samsung Electronics has announced plans to invest US$7 billion in a semiconductor factory in China, that will focus on chips for mobile devices and music players, the company confirmed in a stock market filing.   The investment will be staged over several years, with an initial US$2.3 billion going on a factory in Xi’an, the … Read more

Former MTN CEO Denies Turkcell Bribery Allegations

The former CEO at South Africa’s MTN Group has denied claims that he authorised the payment of bribes to government officials to help secure a GSM operator license in Iran. The company is currently being sued by Turkcell after it claims that its license was confiscated and awarded to MTN after bribes were paid by … Read more

Light Squared Misses Second Radio Spectrum Payment to Inmarsat

Satellite operator, Inmarsat has reported that a further payment due from USA based LTE network, LightSquared has been missed. The company reported a previous non-payment back in February. A scheduled payment of US$29.6 million that was due on 31 March 2012 has not been made. The payments related to a co-operation agreement by the two … Read more

Majority of Users of UK iPhone Blind to Apps Deeper than the Top 50

The Vast user of apple iPhone never gone inside more than first 50 applications in the iTunes store as reported by Surikate. There are 52.2 million on an average visits to Apple Store on every week and no more searching or finding becomes more important to user and so no more important for mobile app … Read more

AT&T Pays $1.9 Billion for Verizon Wireless Radio Spectrum

USA based AT&T has announced that it is paying US$1.9 billion in cash to buy blocks of radio spectrum from Verizon Wireless. AT&T has agreed to acquire spectrum in the 700 MHz B band from Verizon Wireless for $1.9 billion in cash and AWS spectrum licenses in several markets, including Phoenix, Ariz., Los Angeles and … Read more

Google Quarterly Revenues jumped by nearly a third to US$14 billion

Google has reported that its first-quarter revenues jumped by nearly a third to US$14 billion, while profits rose to US$3.35 billion, compared to US$2.89 billion a year ago. Google said that its revenues from outside of the United States totaled $7.1 billion, representing 55% of total Google revenues in the first quarter of 2013, compared … Read more

Google Going to Set Up its Own Mobile Network

Google is reported to have held preliminary discussions that could lead to it setting up its own wireless network in the USA, according to a report in the Wall Street Journal. The internet giant, which has just started deploying its own landline internet service in the USA has held talks with satellite-TV provider Dish Network, according … Read more

Eircom Going to Cut 2,000 Jobs in Ireland

The former state telecoms operator filed for protection from its creditors in March to restructure 3.75 billion euros (3 billion pounds) of debt and was taken over by its senior lenders after cutting its debt by 40 percent. Irish telco, Eircom has announced that it is slashing 2,000 of its 5,700 staff over the next … Read more

T-Mobile USA Ordered to Pay Compensation to Former Employee

SEATTLE—T-Mobile USA Inc. and its parent company, Deutsche Telecom A.G., have been ordered by the U.S. Department of Labor to pay $345,972 to a worker allegedly fired for being a whistle-blower. Bellevue, Wash.-based T-Mobile said it plans to appeal. The Department of Labor’s order resulted from an investigation into alleged violations of the whistleblower protection … Read more