Nokia Oyj, seeking to revive sales of cheaper mobile phones in growth markets such as India, unveiled new software to run its Asha devices and a pact that lets customers use Facebook for free on their handsets.
Anil Ambani’s first cooperation with his older brother Mukesh after eight years meant more than family peace. It has also added $3.5 billion to the market value of the younger brother’s listed companies in five weeks.
MTN Group Ltd., Africa’s biggest mobile-phone company, said a report that criticized its market leadership and pricing policy in Nigeria isn’t clear and that it will seek talks with the industry regulator.
Bharti Airtel Ltd., India’s largest mobile-phone operator, will sell a 5 percent stake to the Qatar Foundation Endowment for $1.26 billion after the carrier posted quarterly profit that missed estimates.
MTN Nigerian Communication Ltd., the country’s biggest phone company, has become “dominant” and must raise internal mobile tariffs to boost competition, Nigeria’s telecommunications regulator said yesterday.