Interfax-China notes that the country's mobile phone market has seen the entrance of two new players, Aigo and Sharp.

Quebecor, one of the winners in this year's Advanced Wireless Services (AWS) spectrum auction in Canada, says it will invest as much as C$1 billion (US$928 million) over the next four years in building out its new mobile network in Quebec.

Norway's Telenor is reportedly close to acquiring a 26 percent stake in Unitech Wireless, a regional Indian GSM licensee, according to local press reports.

France Telecom and Japan's NTT DoCoMo are reportedly leading the race to buy a stake in India's Wireless-TT Infoservices, the mobile towers business owned by Indian conglomerate Tata Group.

Reuters reports that China Mobile - the world's largest operator by subscribers - saw its stock fall to a 15 month low today amid reports that Beijing will soon impose unfavourable mobile number portability regulations on the company.

Financial Times reports that Indonesia's supreme court has rejected most of an appeal by Temasek Holdings against a lower court verdict that the Singapore state-owned investment company violated anti-monopoly laws through its indirect ownership of stakes in the country's two largest mobile operators.

NXP Semiconductors says it will close or sell four plants including one in Fishkill, New York, and three in Europe and cut 4,500 jobs, according to an AP News report cited by Cellular News.