Apple develops feline phone; Telekom Austria CEO bearish on new asset acquisitions

> Telekom Austria CEO Hannes Ametsreiter sees little room to buy new assets after the company raised €1 billion ($1.25 billion) in a rights issue last month. Article

> Belgacom said it will appoint Sandrine Dufour as its new CFO to replace Ray Stewart, who is retiring. Dufour will join the management committee in January 2015 and take on the CFO role from April. Release

> Millicom is seeking a new CEO after current chief Hans-Holger Albrecht said he would step down at the end of the year. CFO Tim Pennington will assume the role of interim CEO in the meantime. Article

> Apple patented technology that could flip a falling smartphone to prevent screen damage. Article

> Saudi Arabia-based mobile operator Mobily is seeking arbitration to obtain SAR2.2 billion (€475 million/$586.28 million) it claims it is owed by rival Zain Saudi for national roaming services. Zain has rejected the claim, saying it owes only around SAR13 million. Article

> Xiaomi, a Chinese smartphone maker recently ranked in third place behind Samsung and Apple, contributed to a $40 million (€32.4 million) investment round in U.S. wearable device manufacturer Misfit Wearables. Report

> Qualcomm Technologies SVP Rob Chandhok has left the company. Report

And finally…Apple's late co-founder Steve Jobs will give evidence in a trial alleging the company abused its dominant position in the digital music market. Report

Suggested Articles

Sprint said it will offer discounted service to customers age 55 and above.

Unlimited data plans placed a strain on carrier networks last year, but according to OpenSignal the carriers met the challenge.

Verizon plans to bring 5G to four U.S. cities this year and hopes to have standards-based equipment in place for some of those deployments.