Sachin Gupta News
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Singapore Telecommunications Ltd., southeast Asia’s largest phone company, said it was reviewing its Optus Satellite unit in Australia, which Nomura Holdings Inc. said may be worth A$2 billion ($2 billion) if sold.
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Myanmar’s promise as a rare opportunity to tap an undeveloped telecommunications market may prove to be a costly affair for the license winners.
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Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, wants to focus on wireless services in Myanmar as it vies for the right to operate in one of the world’s last untapped mobile markets.
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Singapore Telecommunications Ltd. is revamping its Australian unit, where a drop in revenue and customer spending prompted Southeast Asia’s biggest phone operator to forecast its first annual sales drop in 13 years.
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Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, posted first-quarter profit that missed analyst estimates as currency moves and lower sales at its Australian unit cut earnings.
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Telstra Corp. will hold off on returning extra cash to shareholders until at least 2014 as it starts receiving A$11 billion ($11.4 billion) from the state- owned company building Australia’s broadband network.
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The following companies may have unusual price changes in India trading . Stock symbols are in parentheses and share prices are as of the last close .
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Indian mobile-phone operators slumped after an 11-fold increase in license fees proposed yesterday by the nation’s regulator raised concerns that such pricing will stunt the industry’s growth.
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ZTE Corp. may “miss out” on initial orders for building high-speed wireless networks in India as it awaits security clearance for its phone equipment, Nomura Holdings Inc. said.
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Hero Honda Motors Ltd. ’s Indian founders pledged a part of their stake in the nation’s biggest motorcycle maker as they prepare to buy out partner Honda Motor Co. from the venture.
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