Indian police have searched the offices of embattled IT company Satyam's auditors, PricewaterhouseCoopers, according to the Associated Press.
Chunghwa Telecom took in TW$15.87 billion ($477.5 million) in revenue last quarter, bringing full year sales to $5.61 billion - roughly the same result as in 2007.
Ericsson has been selected by the Zain Group to expand the core network and the GSM radio access network for Zain Madagascar. Rollout of the first phase of the project has begun.
Saudi Telecom was the only bidder for Bahrain's third mobile license, the country's Telecommunications Regulatory Authority (TRA) has announced.
Point Topic estimates that the UK added less than 200,000 new broadband lines in the fourth quarter of 2008. Numbers were expected to be down anyway, but this is less than half as of what was forecast before the recession hit.
"The main loser was BT Wholesale and its resellers who dropped almost 300,000 lines in 3 months according to our estimates," says Tim Johnson, Chief Analyst at Point Topic.
Between them alternative, local loop unbundlers offset the fall in BT's numbers and contributed close to half a million new customers to bring the UK up to 17.23 million broadband subscribers at the end of 2008.
A consortium led by the UAE's state-controlled telecoms company Etisalat says it has won a bid for Iran's third mobile licence, as the credit crunch fails to deter Gulf operators from expanding into new territories.