Should it relent to pressure to sell its television set-top box business, Cisco could have difficulty finding obvious buyers for the unit, said a Reuters report.
The Luxembourg-based General Court declared on Wednesday that Cisco's antitrust concerns regarding Microsoft Corp's takeover of the largest Internet video and voice messaging provider Skype was unfounded.
Idea Cellular board director Sanjeev Aga exited from his 5,000 shares in the Indian mobile network operator for INR8.81 lakh. Aga has been credited for launching Idea Cellular.
The largest mobile phone operator in Israel, Cellcom, has entered an agreement to share the costs with its two rivals for the creation of a new 4G network, Reuters reported.
Russian state-controlled telecom firm Rostelecom could sell up to RUB46 billion (USD1.4 billion) worth of shares in a secondary stock offering next year to help cut its debt.
Eight US technology firms in the US wrote an open letter to President Barack Obama, calling on government to impose stricter controls on online surveillance.
A press release from Verizon Communications Inc read that it has acquired content delivery network EdgeCast to be consolidated to its Verizon Digital Media Services at an undisclosed amount.
Telecom Corp Ltd has offloaded its Australian AAPT unit to TPG Telecom Ltd UDS450 million to initially repay debt and focus on its operations in New Zealand.
AT&T has asked the permission of the US Securities and Exchange Commission to allow the firm to exclude a request from shareholders asking for the details how it shares customer information with government agencies in its annual meeting.
Verizon Communications Inc. in September said that it will acquire Vodafone Group's 45% stake in their wireless joint venture. The American telco has set a shareholder meeting on January 28 to get investor approval for the deal.
Telecom Italia's activist investor Marco Fossati campaigned against the enforced sale of TIM Brasil. Brazil's competition regulatory body ruled earlier this week that Telecom Italia must divest its stake in the Brazilian mobile carrier.
Investment firm Catalyst Capital Group is the fourth bidder to withdraw from the Canadian government's auction of a 700 MHz wireless spectrum. Canada seeks to break the stronghold of three dominant players in the country's mobile phone business.
Deutsche Telekom's statement revealed that it has a strategic partnership with Twitter Inc to boost the former's opportunities in innovative marketing, advertising and customer service.
Colorado firm CSG has bought the key assets of mobile and broadband policy and charging solutions provider Volubill in a deal that will help CSG expand its market reach.
AT&T will be up against smaller rival T-Mobile should the former decide to offer a bid for Verizon Wireless' spectrum block. Verizon, which bought the asset for USD2.4 billion, is seeking to generate USD2.75 billion from the sale.
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