Nokia has seen a demand from the Indian tax authorities suspended by a local court after being ordered to pay $383 million within 30 days for failing to properly pay taxes.
BlackBerry CEO Thorsten Heins said he's very encouraged by the traction the company's new BlackBerry 10 Z10 smartphone is gaining in Europe and elsewhere.However, there are signs that sales of the Z10 in the UK might have nosedived after a strong start.
Shipments of smartphones will surpass feature phones for the first time this year, according to a new report from research firm IDC, marking a tipping point as mobile broadband adoption expands and smartphone prices come down worldwide. The report also found that China will outpace the United States as the world's largest smartphone market both this year and on into the future.
Reliance Communications announced on Monday it is outsourcing its network operations to Ericsson in a $1 billion managed, eight-year services contract covering its wireline and wireless networks located in north and west India.
Although more than 50 percent of all U.S. mobile users now own smartphones, smartphones still have a lot of growth ahead of them in emerging markets, according to a new report from research firm Nielsen.
As if it needed more bad news, ailing Finnish handset maker Nokia saw its shares decline further this week after Indian tax officials raided the Nokia factory in Chennai, India, apparently looking for unpaid taxes amounting to $545 million (€418 million).
Vodafone might avoid paying a $2.2 billion ( £1.37 billion ) tax demand after the Indian government registered its opposition to retrospective levies.
Vodafone indicated that a settlement is possible in its long-running quarrel with the Indian government over its tax bill in the country.
India's consumers, according to a new report by the Telecom Regulatory Authority of India, like their broadband connections, driving 17.4 percent growth year over year.
Reliance Industries, headed by Mukesh Ambani, India's richest man, is reportedly finalizing plans to offer nationwide wireless broadband via a plan that could cost more than $10 billion.