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Verizon Wireless Company has agreed to pay an estimated $90 million in refunds to 15 million subscribers and former subscribers who over the years have been charged for Internet access from their phones even in the absence of a data plan. The company agreed to the refunds, essentially a settlement, before the Federal Communications Commission [...]
Research In Motion’s popular BlackBerry email and instant messaging services will be shut down if the Canadian maker does not address Indian security concerns by August 31, the government said on Thursday. A DoT official, who declined to be named, told reporters that the meeting ended “inconclusively,” but refused to provide details. The ultimatum came [...]
China had 25.2 million users of third-generation mobile wireless technology at the end of June, lagging behind the government’s target because the country’s mobile carriers had problems with network coverage and supplying suitable handsets for the services, the Ministry of Industry and Information Technology said Tuesday. China’s three telecommunications giants are in a race to [...]
Tyco Electronics, the world’s biggest maker of electronic connectors, agreed to buy ADC Telecommunications Inc. for about $1.25 billion to add broadband connectivity products. Tyco Electronics will pay $12.75 a share, or 44 percent more than Eden Prairie, Minnesota-based ADC’s closing stock price yesterday, according to a statement today. Tyco, which will pay $12.75 per [...]
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