Webwire: Mergers on the cards in Austria
Austria's Cartel Court has granted Telekom Austria provisional approval to acquire mobile operator YESSS!Telekommunikation for up to €390 million ($504 million).
In the wake of the court's decision, Hutchison Whampoa revealed it expects the European Commission to clear its €1.3 billion ($1.69 billion) takeover offer for Telekom Austria itself.
Sources say Apple has fired the executive who oversaw the development of its maps service, in a further response to the high-profile flaws in the iOS 6 Maps at launch.
India's telecom dispute tribunal has told Tata Teleservices to pay a .05 rupee ($0.001) termination fee for every SMS sent to Vodafone India's network until an interconnect dispute between the operators is resolved. Vodafone is demanding a .10 paise fee, while Tata is resisting.
Paul Ceglia, the man who unsuccessfully sued Facebook CEO Mark Zuckerberg claiming to be entitled to a multi-billion dollar share in the site, has been indicted on charges of faking evidence used to back up his failed claim.