US telecom giant AT&T has called off its planned acquisition of T-Mobile USA from Deutsche Telekom. As a result, AT&T will pay Deutsche Telekom a previously agreed ‘break up’ fee that’s expected to cost it around $4 billion.
The acquisition deal was originally valued at $39 billion.
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CellEra, an Israeli company that is developing platinum-free fuel cell technology, has announced a $9.2 million investment round led by Vodafone Ventures and Carmel Ventures.
Vodafone Ventures is the global venture capital arm of Vodafone Group.
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Mark Bridge writes:
“He knows if you’ve been bad or good...”
You don’t need to be Santa Claus to appreciate that RIM’s quarterly results have marked a disappointing end to a disappointing year. Yes, the company’s sold millions of BlackBerry phones - but PlayBook sales haven’t been good, its new OS is delayed and its market share appears to be falling. You could argue that 2012 is a make-or-break year for Research In Motion... or at least for its current management.
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Intellectual property analyst Florian Mueller notes that BT is the latest large company to start a patent infringement case against Google’s Android operating system.
Apple, eBay, Microsoft and Oracle have all previously started legal proceedings.
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Azzurri Communications, which provides voice, data and mobile managed services in the UK, has announced the completion of its planned refinancing process. It says this puts the business in a strong and stable position, with new funding facilities to run until June 2014.
In addition, it’s made some new senior appointments.
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