Mobbing up
Google was flexing its financial muscle again this week, dipping into its beer money to buy mobile advertising network Admob for $750m. Admob serves display ads on mobile sites and in applications – a complement to Google’s mobile search ad offering – and the acquisition represents further fortification of Google’s mobile garrison.
Chunghwa 3G upgrade
Taiwan’s Chunghwa Telecom is upgrading its 3G network to the tune of Euro72m. The carrier will trial Nokia Siemens Networks’ Internet High Speed Access (I-HSPA) network. The trial will pave the way for a migration to an flat all-IP architecture. NSN will deploy its Flexi Base Station and mobile softswitching solutions, along with a high [...]
Chunghwa raises $985m in ADR sale
Taiwanese operator Chunghwa Telecom raised $985m (£527m) through a sale of American Depository Receipts (ADRs), the company said Thursday. The company sold 56.43 million ADRs, mostly on behalf of Taiwan’s Ministry of transportation and Communications (MoTC) and Taiwan Mobile. The move will reduce the MoTC’s stake in Chunghwa Telecom to 36.12 per cent from 42.21 [...]
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