Webwire: Skype hits KPN profits; AT&T faces fresh objection to T-Mo buy
KPN has blamed the growing popularity of VoIP apps such as Skype for an 11% slump in second quarter profit to €414 million.
Another US senator has called on regulators to reject the $39 billion (€26.9 billion) takeover of T-Mobile USA by AT&T, arguing that consumers could be left paying up to 25% more for wireless services post-merger.
Wireless patent holder InterDigital is seeking to ban sales of handsets and tablets made by Nokia, Huawei and ZTE, in complaints filed with the US ITC and a district court.
Microsoft has completed development work for major WP7 update Mango and has sent off the code to handset maker partners. The first devices running the new software are tipped to launch in the autumn.
Shares in Juniper Networks crashed 17% on Tuesday after the company warned it was expecting a slow third quarter due to “market weakness,” and posted second-quarter earnings below Wall Street targets.
New Zealand cable start-up Pacific Fibre has signed up a second customer to its planned subsea cable linking NZ, Australia and the US. Australian ISP iiNet will utilize the cable from 2014.
News Corporation’s involvement in a phone hacking scandal in the UK could derail its bid to acquire Australian pay TV operator Austar, with a delay on antitrust regulator’s clearance meaning the Australian firm’s share price is now well below the purchase price on the table.
Israeli Wimax equipment maker Alvarion swung back to a $1.5 million (€1 million) profit in the second quarter, after beating analyst’s projections by growing revenue during the period.