Webwire: India closes mobile networks; Samsung tablet appeal date set

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Indian security forces ordered a shutdown of mobile services in Kashmir on Monday, to prevent rebels triggering remote explosives during independence day celebrations.
 
Samsung's appeal against an injunction on EU sales of its Galaxy Tab 10.1 will be heard on August 25.
 
US regulator FCC is investigating the temporary shutdown of a mobile transmission network owned by San Francisco’s rail operator BART to stymie protests against a shooting by BART police.
 
Telecom Egypt’s 2Q profit fell 15% to 826.7 million Egyptian pounds (€96.2 million), due mostly to the fallout from a revolution in the country earlier this year.
 
China Mobile is shelling out 4.6 billion yuan (€500 million) to establish a finance management company that will be majority-owned by its Beijing subsidiary.
 
AT&T has sold $5 billion (€3.4 billion) worth of five-year bonds to help repay debt from earlier issues that is maturing this year.
 
Optus will appeal a court-imposed fine for misleading broadband advertising solely to challenge comments in the judgment labeling the company as unwilling to comply with legal obligations.