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Hands-On Mobile Lays Off Undisclosed Number Of Employees 2008-12-12 18:30:26 Hands-On Mobile
, the San Francisco-based mobile game maker known for Guitar Hero and Texas Hold 'Em, confirmed today that it cut an undisclosed number of employees. CEO David White declined to say how many people were affected during the cuts, or how many employees the company will have going forward.
However, White was quick to explain that the cuts were made for different reasons than the ran Read more:Hands
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China to award 3G licences by 2009, says Li 2008-12-11 23:45:12 Minister of Industry and Information Technology, Li Yizhong, said, China
will award third-generation mobile phone licences this month or at the start of 2009. China will award licences to following operators:
China Mobile for TD-SCDMA, the homegrown 3G standard
China Unicom for WCDMA system
China Telecom for CDMA 2000 technology.
Beijing has worked really hard to develop its homegrown [...]
China Mobile inks 3G equipment contract worth $0.786 Bn (China) 2008-12-11 22:52:38 China Mobile
has inked a $0.786 Bn deal to provide TD-SCDMA 3G network equipment orders. The world’s largest mobile operators by subscribers has signed these cotracts with ZTE Corp, Datang Telecom Group, Nokia-Siemens and Ericsson. New TD-SCDMA networks, with the coverage of 28 cities will be done with by June’09.
Wireless Mobile Telecom Wireless News
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JiWire Raises $11.1 Million For Wi-Fi Ad Network 2008-12-11 15:46:03 JiWire, the San Francisco-based company that started off as a Wi-Fi directory and evolved into an ad network that helps Wi-Fi hotspots generate revenue, has raised $11.1 million in new funding, reports peHUB. The company also sold another $1.53 million of warrants, which could be converted into around $3.88 million of preferred stock. JiWire declined to comment on the funding, but peHUB reported C
SPOTLIGHT: Nortel gets NYSE delisting notice 2008-12-11 13:50:42 When it rains, it pours. The day after a Wall Street Journal piece mentioned a potential bankruptcy filing, Nortel
announced it received a delisting warning from the New York Stock Exchange.
Nortel's stock has closed under a dollar per share during the last 30 consecutive trading days ending December 9. Under NYSE rules, the company has six months from the date of notice
(December 11) to brin
Grameenphone to Raise $65 Million in Stock Market Floatation 2008-12-11 08:31:19 Bangladeshi mobile operator Grameenphone has filed its final application for an initial public offering (IPO) of US$65 million. The company expects the subscription period for the IPO to be late January or early February next year. Read more:Market
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