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March 16, 2010

ST Telemedia to bail out U Mobile

ST Telemedia has inked a deal to buy a 33% stake in tiny Malaysian 3G operator U Mobile, but it will need deep pockets if the embattled startup can make head-way in the saturated market.
 
The company said on March 10  it had signed an agreement to buy a 33% stake in Vincet Tan-co

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Google: Talks go on as Chinese govt cautions partners

Google says it is still in talks with the Chinese government over censorship of its search engine, despite reports that it is almost certain to leave the market.
 
However, authorities have warned Google’s major search partners that they should prepare backup plans in case Google stopped censoring its results.
 

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Global outsourcing demand will return to growth in ‘10: Gartner

Demand for outsourced IT services will return to growth as world economy revives in 2010 – but demand will vary wildly between markets, Gartner predicts.
 

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March 15, 2010

Google “99.9% certain” to close China search engine

Filed under: Business and managed services, China, Daily News, Google, Operator Services, Public — fmmonteverde @ 6:10 am

Google is “99.9% certain” it will shutter it China search business after talks with Chinese authorities on censorship have failed to make progress.
 

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March 12, 2010

Axiata announces XL share placement

Axiata has announced plans to sell 20% of its Indonesian subsidiary, XL Axiata, via a share placement.
 

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STT moves on U Mobile, VNPT

Filed under: Business and managed services, Daily News, Operator Services, Public, STT, U Mobile, VNPT — fmmonteverde @ 7:11 am

Singapore Technologies Telemedia looks set to take a stake in cash-strapped Malaysian cellco U Mobile.
 
The two companies will announce a “strategic partnership agreement” on Monday, according to a media invitation seen by Malaysia’s Business Times.

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March 11, 2010

Time for a mindset shift

Telcos need to move from a technology-driven mindset to a people-driven mindset. "There’s far too much talk about technology, such as 2.5G, Edge, 3.5G and LTE. It’s irrelevant to customers. It’s all about services," said Telenor’s head of Asia Sigve Brekke.

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Google-China talks to end soon: Schmidt

Google CEO Eric Schmidt has predicted an early end to talks with the Chinese government over the search firm’s operations in China.
 
“We are in active negotiations with the Chinese government,” he said at a media summit in Abu Dhabi, WSJ

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Cable firm plots EU’s biggest IPO in two years

German cable company Kabel Deutschland has initiated plans for an IPO – expected to be Europe’s largest in more than two years.

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Telecom tycoon Slim pips Gates as world’s richest

Mexican telecoms tycoon Carlos Slim, founder of the America Movil empire, has edged out Microsoft boss Bill Gates as Forbes magazine’s richest person in the world.

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