Vodacom broaches South Africa's Telkom with takeover offer; France Telecom raising $10B to finance acquisition

> South Africa's Telkom said it has been approached about a possible takeover and has received a nonbinding offer for some of its stake in mobile operator Vodacom Group. Article (WSJ sub. req.)

> WiMAX chipmaker Sequans announced it is able to apply MIMO techniques in the uplink in addition to the downlink. Release

> Despite repeated denials that it is not talking to TeliaSonera, France Telecom (FT) has approached a group of five banks to raise $10 billion to finance a large acquisition. Article

> Companies providing device and service management solutions for femtocell networks will garner US$360 million in revenue by 2013, according to a new research brief from ABI Research. Article

And Finally... Research from Cass Business school says convergence of media, telecommunication, information technology and consumer electronics industries is mostly hype and now over. Article

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