Spending on radio access infrastructure contracted in 2009. The market was down more than 5% YoY, resulting in only $49.5 billion in radio access equipment sales. Click here for more.
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Vodafone is reported to have decided to shut-down its navigational software subsidiary, Wayfinder with the loss of around 95 jobs across Sweden, Romania and the UK.
Vodafone has filed the final part of its submission as to why it shouldn't be held liable for a US$2 billion tax demand following its takeover of India's Hutchison Essar in 2007.
India's already delayed launch of Mobile Number Portability (MNP) is likely to be pushed back by yet another three months.
Bankrupt telecom equipment maker Nortel Networks said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale.
After grabbing headlines with a sign-on bonus of more than $100 million, Motorola co-CEO Sanjay Jha has settled down to a more pedestrian $3.
Nokia revised its global market share estimate for mobile phones in 2009 to 34 percent, from an earlier 38 percent, and said it expected no growth this year.
Apple gives COO Cook $5 million bonus, stock for performance during Steve Jobs' medical leave Click here for more.
Don't want to wait in the iLine? Apple is taking pre-orders for April 3 release of Wi-Fi iPad Click here for more.
Verizon to list on Nasdaq as well as the New York Stock Exchange Click here for more.
An Oppenheimer analyst on Friday raised his first-quarter and full-year estimates for Google above average Wall Street expectations because he expects the online search leader to reap higher ad revenue in the U.