News In Brief: Wind SpA, Infosys BPO, Song, WeFi
Italy’s second largest fixed carrier, Wind SpA reported a 15.6% rise in first-half net profit with revenue up by 5.7% to €2.82 billion, bolstered largely by double-digit growth in its fixed and broadband businesses.
Infosys BPO has secured a five-year contract from T-Mobile UK to support processes covering finance, accounting and procurement operations for the service provider.
Sony plans to launch a cheap eReader in the US, pricing it at $199 in an effort to undercut Amazon's Kindle.
WeFi, the owner of a community-based network of Wi-Fi hotspots, has scored an undisclosed sum of venture funding from VC firms Lightspeed Venture Partners and Pitango Venture Capital.