News In Brief: LG, KPN, ACCAN, Etisalat
Revenues at LG Electronics’ mobile division fell 7.4% year-on-year in Q4 revenue to 4.2 trillion won (€2.61 billion). Operating profit came in at 55.8 billion won. Handset shipments were up 7% quarter on quarter to 33.9 million units, helping the firm grow annual shipments 32% over 2008 to a new yearly high of 117.9 million units, and.
Modems and gateways will represent nearly 50% of Wimax chipset sales by 2013, by which time the market will be worth $352 million (€251.1 million), market research firm InStat predicts.
Dutch telco KPN has confirmed it will take part in Germany's Digital Dividend frequency auction, as it moves to expand its reach in Europe's biggest telecom market.
Australian telecom consumer group ACCAN is calling on the government to scrap a little-known clause that causes subscribers to the nation's Do Not Call register to drop off the list after three years.
UAE operator Etisalat is due to make its long-delayed final $800 million (€570.6 million) payment for the 26% stake it acquired in Pakistan Telecommunication Co. (PTCL) by end-March. The $1.4 billion stake was acquired as part of PTCL’s privatization in 2006.