Telefónica's Germany talks probed; Telekom Austria rights issue imminent

> Etisalat's Egyptian unit is consulting banks regarding a potential $500 million (€372 million) IPO. Report

> Microsoft faced protests by Chinese staff over plans to cut jobs at its Nokia phone business. Article

> Telekom Austria chairman Rudolf Kemler said the company's €1 billion ($1.34 billion) rights issue is likely to take place shortly after the shareholder meeting this month. Article

> Telecom Italia hired Stefano De Angelis to replace Luca Rossetto as director of its consumer business unit. Release

> Telefónica faces a European Commission probe over its negotiations with alternative German communication service providers as part of its acquisition of E-Plus. Article

And finally…Want to be able to take the perfectly timed day-time nap? There's an app for that. Article