Ericsson wins LTE deal in Gabon; Orange plans to open French bank

> Ooredoo Kuwait reported a 30 per cent decline in its second-quarter profit to KWD12.6 million (€38 million/$41.6 million), mainly due to adverse currency conditions in Algeria and Tunisia. Reuters article

> Orange plans to open a bank in France next year together with a partner from the banking sector, CEO Stephane Richard told Le Figaro. Reuters article

> The European Union, the United States, China and a large number of World Trade Organization (WTO) members agreed to eliminate custom duties on 201 high-tech products in a trillion-euro trade deal. Release

> Airtel Gabon selected Ericsson as its sole supplier for the deployment of a new LTE network. The agreement also includes the transformation of the existing mobile radio access and core network infrastructure. Release

And finally...Bill shock reached new heights for one UK user, who came home to a bill of almost £22k. Express article

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