South Korea telecom regulator has launched an investigation into excessive royalties asked by Qualcomm. S. Korea accounts for 32% of Qualcomm ' s revenue of $7.5bn.
Sonae (Portugal) has received the go-ahead to launch its hostile takeover bid for Portugal Telecom.
Asia Netcom plans to buy about 30% of PacNet, an ISP, through its mother company Connect Holdings.
Qatar Telecom is to buy 25% of Asia Mobile for $635m from Singapore Telemedia.
A local newspaper in Brazil reported that Brasil Telecom and TIM Brazil may merge.