Nokia, Alca-Lu Q3 fortunes differ; MegaFon plots mobile mast spin off

Wireless news from around the web

> Iliad founder Xavier Niel could increase his stake in Telecom Italia to 15.1 per cent based on his current holdings, reports said. Bloomberg article

> Russia-based MegaFon plans to spin off its mobile masts into a separate company ahead of a possible sale. Reuters article

> Nokia beat analyst estimates in the third quarter with an operating profit of €391 million ($429.8 million). Reuters article

> Alcatel-Lucent posted a net loss of €206 million in the third quarter because of write-downs at its submarine cable unit. Reuters article

> Bezeq appointed deputy CEO Ran Guron to replace Gil Sharon as CEO of Pelephone. Bezeq release (PDF)

And finally...The portable TV is back. Telegraph article

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