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Lenovo, NEC forms Japan’s largest PC group

Leading Japanese and Chinese electronics firms NEC Corporation and Lenovo on Thursday announced a strategic partnership to create the largest PC group in Japan. The agreement aligns NEC, Japan's number one PC company, with Lenovo, the fastest growing top-five PC maker in the world. The new joint venture gives both Lenovo and NEC a unique opportunity to grow their commercial and consumer PC businesses in Japan, the third largest PC market in the world, through a stronger market position, enhan...

Apple announce App store downloads reaches 10 billion

Apple has announced that download from its iconic App store breached 10 billion apps by the more than 160 million iPhone, iPod touch and iPad users across the globe. The 10 billionth app downloaded, Paper Glider, was purchased by Gail Davis of Orpington, Kent, UK. As the winner of the App Store Countdown to 10 Billion Apps, Gail Davis will receive a $10,000 iTunes Gift Card.
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Network Ten restructures Board, Chairman roles

Network Ten (TEN.AU), has announced that it would restructure the composition of its Board of Directors as concerns of competitive disruptions arose recently with the entrance of James Packer and possible co-investor Mr. Lachlan Murdoch into the company.

ACMA to change Australia's phone numbering plan

With the release of its first of a series of issues papers, the Australian Communications and Media Authority (ACMA) today signalled it intends to shake up the Numbering Plan, which sets out the rules for the use and administration of telephone numbers in the country.

ACCC investigates Packer's investment in Ten

The Australian Competition and Consumer Commission will look into the recent purchase of billionaire Mr. James Packer's acquisition of an 18% stake in Ten Network Holdings Ltd. (ASX: TEN.AU).

Gillard to opposition: Do not delay broadband bill

Prime Minister Julia Gillard is urging the Opposition to not delay the Telecommunications Legislation Amendment Bill 2010, or Competition and Safeguards Bill, introduced to Parliament yesterday, warning that "every day of delay for these reforms is a day of higher prices and less choices."

Australians working outside the office on the rise - Telstra

Almost half of all working Australians are spending more time doing business outside the workplace than they were five years ago and they're attributing that to better technology and increased flexibility of employers, according to a Telstra survey.

Telstra expected to comfort employees

The nation's largest telecommunications firm is expected to find ways to motivate employees following its announcement of slashing 6,000 of its more than 43 thousand jobs.

Telstra to maintain dividend

The country's largest telecommunications company assured its investors of the same dividend payment in the 2010 financial year.

ACCC proposal pinches Telstra

The Australian Competition and Consumer Commission (ACCC) proposal for telecommunications giant Telstra Corporation Limited (ASX: TLS) to lower its price will send ripples.

Rural areas first for NBN

The seven-week stall on the National Broadband Network (NBN) Company's work seems to be enough to prepare the company for a redirection.

Regulatory reforms before NBN

The legislation of reforms to regulate the telecommunications sector should come first before the complete implementation of the National Broadband Network.

NBN player to sell Soufun shares

The National Broadband Network (NBN) primary player Telstra Corporation Limited (ASX: TLS) disclosed plans of selling its shares in SouFun Holdings

Telstra stocks on record low amid hung parliament

Investors sent Australian telco giant Telstra (ASX: TLS) shares down more than 6 per cent to a record low as prospects of a hung parliament cast doubts about the future of its broadband plans and the wider telecommunications industry.

Election puts telecom in limbo

Uncertainty surrounding the election outcome is providing no clear future for the national broadband network or Telstra (ASX: TLS).

Telstra shares at record low

Shares in Australia's telecom giant Telstra Corporation Ltd (ASX: TLS) have plummeted to a record low, intensifying yesterday's loss of almost 10 per cent due to unsatisfactory full-year results.

Telstra signs SouFun private equity deal

Telstra Corporation Ltd (ASX: TLS) announced today that private equity firms General Atlantic and Apax Partners have agreed to effectively underwrite a planned stockmarket float of SouFun Holdings Ltd, China's second-largest online real estate website where the Australian telecom giant is major shareholder.

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