Vodafone says it's going to sell its entire 3.2% interest in China Mobile Limited, which will raise around £4.3 billion before costs. (That's almost twice what Vodafone paid for the original share back in 2000). Approximately 70% of the net proceeds will be returned to shareholders through a share buyback; the remainder will be used to reduce the Group’s debt.
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This week's edition of The Fonecast takes its usual look at the latest mobile industry headlines, covering everything from tablet devices to network sharing. There's also a preview of Friday's Definition of Mobile event with Steve Dobson; he aims to show businesses how they can take advantage of mobile technology... and warns them against becoming too "Apple happy".
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This week's podcast takes its usual look at the latest industry headlines, covering everything from tablet devices to network sharing. There's also a preview of Friday's "Definition of Mobile" event, which aims to show businesses how they can take advantage of mobile technology.
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Over-the-air software management company Red Bend – we interviewed their vice-president of technology & new business earlier this year – has today acquired California-based mobile virtualisation business VirtualLogix.
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It's reported that DataViz, the company behind the 'Documents To Go' application that's long been a popular choice with Palm users, has been acquired by Research In Motion. Neither company has made an announcement, although Crackberry.com points out that a number of DataViz employees have changed their profiles on business networking site LinkedIn to show Research In Motion as their current employer.
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