Webwire: Apple prepares low-end iPhone; Russian ops get LTE boost

Apple will launch a low-cost iPhone 4 in a few weeks in a bid to lure more customers in China and other emerging markets.
Russian regulators are considering allowing MTS and MegaFon to effectively swap their higher-range Wimax spectrum for additional LTE spectrum, giving the operators an advantage in the LTE race.
Korea's SK Group has suffered another data breach, with an affiliate's database of around 38,000 phone numbers leaked online. Personal details of 35 million users were also leaked in July.
Deals site Groupon claims it remains committed to Chinese joint venture GaoPeng despite closing ten local offices in recent months.
US operators grappled with a surge in calling volumes following an earthquake in Virginia, but don’t currently believe their networks were damaged in the quake.
India's MTNL has borrowed 5 billion rupees (€75.2 million) from various banks, to help refinance debt it accrued to pay for 3G and BWA licenses in last year's auctions.
China overtook the US as the world's biggest market for PCs in the second quarter, but the US is expected to remain the top market over the full-year.