Telenor appoints India CEO; Telekom Austria hikes bob tariffs

> Telekom Austria said it will increase prices for its low-cost brand bob because of pressures from inflation and the need to invest. Article

> Telenor has appointed Morten Karlsen Sorby as chief executive of its Indian unit with immediate effect. Article

> China said it is to allow foreign investment in seven telecoms value-added services in the Shanghai Free Trade Zone. Article

> Nortel Networks hailed a court's approval of a $75 million deal as a "significant milestone" in ending its five-year bankruptcy proceeding. Article

And finally…The main news this week has all been from CES including wacky ideas about wearable technology this week, but the famous "connected fridge" looks like one great idea that will never happen. Article