Webwire: KPN considers E-Plus sale; C&WW shareholder stalls Vodafone bid
Dutch telco KPN is close to deciding whether to spin off German mobile unit E-plus, in a bid to prevent shareholders from accepting an offer for up to 28% of KPN shares from America Movil.
Orbis, the largest shareholder in UK-based Cable & Wireless Worldwide, is yet to decide whether to endorse a £1 billion (€1.2 billion) takeover bid from Vodafone.
Apple will pay an A$2.25 million (€1.7 million) fine from Australia’s competition regulator for potentially misleading consumers by advertising the new iPad as 4G. A court will rule on the fine next week.
Hong Kong's PCCW Global will pay $26 million (€20 million) to buy the satellite services unit of Gateway Communications, which is itself a subsidiary of South Africa's Vodacom.
Google founders Larry Page and Sergey Brin are to be questioned by the US FTC as part of the regulator's antitrust probe against the company, sources say.
A US judge has dismissed a patent trial between Apple and Motorola Mobility, because neither side had successfully shown that they have been damaged by the other. The trial was due to start today.
Gaming giant Electronic Arts is making most of its mobile titles free-to-play, after acknowledging it is behind the curve in adopting the new model.