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ExclusivePhones 4U sold

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A majority share in Phones 4U has been sold to private equity firm BC Partners by owners Providence Equity Partners. Control of the UK retail chain had been bought by Providence from founder John Caudwell in 2006.

Although the deal needs regulatory approval, it’s expected to be finalised next month.

ExclusiveVodafone, HTC, Best Buy and 20:20 rewarded for innovation at Mobile News Awards

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Last night's Mobile News Awards ceremony at the London Hilton on Park Lane saw major wins for some of the industry's best known names.

Vodafone's Sure Signal femtocell won the Innovative Product award, the HTC Desire won Innovative Handset, Best Buy's 'Walk out working' picked up the Innovative Service award and 20:20 won Innovative Distributor.

ExclusiveZTE annual results show strong international growth

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Chinese telecoms company ZTE Corporation has announced its 2010 annual results today. Revenue was up 21% year-on-year, with net profit up over 32%.

Revenue from international operations has now grown to account for the majority (54%) of ZTE’s total operating revenue.

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