October 20, 2009 Orascom 1H09 hit by negative currency movements Egypt-based Orascom Telecom has reported lower revenues and net income for the first half of the year as the Middle East and North African mobile giant was hit by negative currency devaluations against the US dollar at its key operations. By Mobile World Live
AI & Cloud Devices October 20, 2009 Sony takes on Kindle with wireless reader Japan's Sony has unveiled its first electronic reader with wireless connectivity in a bid to take on Amazon's popular Kindle device, reports Reuters. By Mobile World Live
Middle East and North Africa MTN Operators October 20, 2009 Bharti secures US5B loans to fund MTN deal India's Bharti Airtel has reportedly been successful in securing around US$5 billion in bank loans to fund its planned merger with South Africa's MTN, raising expectations that the deal could be completed before the latest 30 September deadline. By Mobile World Live
October 20, 2009 Slovakia opens tenders for mobile broadband frequencies The Slovakian regulator has opened tenders for the allocation of 10GHz frequencies for the provision of broadband Internet services in seven localities, reports Telecompaper. By Mobile World Live
Nokia RAN Vendors October 20, 2009 Nokia creates ‘Solutions’ Division Nokia has formed a 'solutions' division which will seemingly work to strengthen the links between the company's hardware and mobile services divisions, reports Cellular News. By Mobile World Live
Asia Pacific Operators October 20, 2009 Grameenphone sets IPO for October Bangladesh's Grameenphone has announced that its shares will be listed on the Dhaka and Chittagong stock exchanges in the first week of October, reports Cellular News. By Mobile World Live
October 20, 2009 Polkomtel buys Nordisk Polska Polish mobile operator Polkomtel has acquired Nordisk Polska from its shareholders NFI Midas and Roman Karosik for PLN11.795 million (US$4.1 million, reports Telecompaper. By Mobile World Live