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Huawei half-year results show sales are up

Chinese IT and telecoms company Huawei has released its financial results for the first half of 2011.

Sales revenue was up 11% year-on-year to CNY 98.3 billion (around £9.4 million), while operating profit was reported as CNY 12.4 billion.

Author: The Fonecast
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Google to acquire Motorola Mobility

Google has agreed to acquire Motorola Mobility in a deal worth $12.5 billion. Everything's expected to be finalised towards the end of this year or in early 2012.

In a blog post, CEO Larry Page said "Motorola's total commitment to Android in mobile devices is one of many reasons that there is a natural fit between our two companies."

Author: The Fonecast
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GSMA confirms Anne Bouverot as its new leader

The GSMA, the global trade organisation that represents the interests of mobile operators, has announced the appointment of Anne Bouverot as Director General.

She'll lead the GSMA from 1st September when current CEO Rob Conway leaves the organisation.

Author: The Fonecast
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