Webwire: Plans for EU-Mideast cable; Exodus from Syrian mobile bid
Oman's Omantel, the UK's C&WW, the Telecommunications Infrastructure Company of Iran and Russia's Rostelecom have all signed a joint agreement to build a new overland and subsea cable linking all four countries.
Only two players remain in Syria's auction for a third mobile license, after Etisalat, Turkcell and France Telecom withdrew from the bidding process in protest of the license terms.
The USA's CenturyLink has completed its acquisition of Qwest, after paying $12 billion in stock and assuming nearly $12 billion in debt, and is now the nation's third largest fixed line operator.
Australia's NBN Co has indefinitely delayed the construction tender process after receiving higher than expected bids from every infrastructure contractor participating. Communications minister Stephen Conroy said he understands the state-owned company will try to go a different route.
CAT Telecom has pulled its approval for DTAC to provide 3G wireless broadband services, after DTAC refused to agree not to seek compensation if its concession is pulled due to the dispute over revenue sharing. Most of CAT's board has quit in recent weeks for fear of legal reprisals over the issue.
Philippine regulator NTC will review the planned purchase of Digitel by PLDT amid concerns that the deal could create a duopoly in the market, driving prices up for consumers.
India's 2G spectrum scandal is creating uncertainty for both foreign and domestic companies and investors, the United States Trade Representative (USTR) has warned.