Intel has confirmed that the first smartphone to be powered by one of its processors will go on sale in India on 23 April. The XOLO X900, made by the Indian manufacturer Lava, will priced at around $422.
China Mobile has announced that it is launching FDD-LTE services in Hong Kong. It joins CSL, a unit of Australia’s Telstra, which has has already launched 4G services in Hong Kong. China Mobile is also currently conducting tests aimed at launching LTE services in two years in mainland China.
US telco Vermont Telephone has selected a range of solutions from Alcatel-Lucent as it prepares to increase the availability of super-fast broadband and deliver IP video services in its service territory in Southern Vermont
Yahoo has confirmed that it plans to cut 2,000 jobs as part of a restructuring. The company said it will focus on developing a quicker response to customer needs and competing more effectively in areas where it has a strong position. The measures are expected to lead to $375m in annual cost savings.
Singaporean telco SingTel has selected a Telecoms Operations and Management Solution (TOMS) from US firm Netcracker to monetise its next-generation infrastructure
India’s Supreme Court turns down 2G cancellation appeal
Samsung to invest $7bn on chip factory in China. The company will invest $2.3bn initially in the Xi’an plant, Suwon, and will start producing NAND flash chips next year.
Lightsquared has missed a second payment to satellite operator Inmarsat, the company said. This payment is for $29.6m and follows a missed payment of $56.2m in February.
BT makes multi-million Euro outlay on 5,500sq ft datacentre
Foxconn buys 11 per cent stake in Japanese LCD panel-maker Sharp