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  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. First-quarter operating profit for Asia's most valuable company...

  • SRINAGAR, India— India has ordered internet service providers in Indian-controlled Kashmir to immediately block Facebook, Twitter and 20 other social media sites and online applications for one month, after several videos and photos depicting alleged abuses of Kashmiris by Indian security forces sparked outrage and fueled protests.

  • What drive innovation in Hong Kong

    Competition in the telecommunications industry is a factor that drives innovation, says Paul Berriman of PCCW.

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • Which city has the edge in innovation?

    Digital talent and the start-up ecosystem give Singapore an edge over other cities, says Vegard Aas of Telenor Group.

  • Ajit Pai, Chairman of U.S. Federal Communications Commission

    The landmark 2015 Obama-era net neutrality rules could soon be overturned, the FCC chairman said Wednesday.

  • MEXICO CITY, April 26- Mexican telecoms company America Movil has submitted its proposal for separating a part of its fixed-line unit Telmex from the rest of the company, and expects approval in coming months, a company executive said Wednesday. The Federal Telecommunications Institute on March 8 gave America Movil 65 working days to propose a plan for the...

  • NEW YORK— "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block. The FCC in 2015 approved rules, on a party-line vote, that made sure cable and phone companies don't manipulate traffic. The net neutrality rules gave the FCC power to...

  • NEW YORK, April 26- Charter Communications Inc will develop and produce original programming with AMC Networks Inc, which is known for the show "The Walking Dead," to differentiate its content offerings, the cable company said on Wednesday. In November, John Malone, whose Liberty Broadband Corp is Charter's largest stakeholder, said at an investor meeting: "I think...

  • Faber Report: AT&T under pressure

    CNBC's David Faber reports on competition in the wireless space as AT&T attempts to diversify away from its core business.

  • JOHNSTOWN, Pa.— Convergys Corp. is opening a technical center for mobile phone services that will employ 250 people in western Pennsylvania. Tom Wolf's office announced the Cincinnati- based company will open the center in Lower Yoder Township, near Johnstown. The company is investing $2.7 million to open the center in a 27,000- square-foot building.

  • Taylor Swift and Drake

    While wireless carriers duke it out to offer consumers unlimited data plans, artists like Drake are the beneficiaries.

  • It said it lost 191,000 postpaid subscribers, who pay bills monthly, in the United States on a net basis in the first quarter ended March 31. "Obviously, this has made an already competitive market even more so, and our response to the unlimited data plans was probably a little slow," Chief Executive Randall Stephenson said on the company's post-earnings conference...

  • The No. 2 U.S. wireless carrier had 61,000 fewer postpaid subscribers, who pay bills monthly, in North America on a net basis in the first quarter ended March 31. AT&T's total operating revenue fell nearly 3 percent to $39.37 billion, mainly due to record-low sales of wireless handset sales. Net income attributable to AT&T was $3.47 billion, or 56 cents a share, down...

  • NEW YORK— AT&T Inc. on Tuesday said it lost more of its most lucrative wireless customers during the first three months of the year as the country's biggest mobile carriers try to lure customers from each other with offers of unlimited data plans. AT&T acquired DirecTV in 2015 and is in the process of buying Time Warner, home to the CNN, TBS and HBO networks and a...

  • April 25- AT&T Inc, the No. 2 U.S. wireless carrier, reported a drop in quarterly revenue and unexpectedly lost postpaid subscribers as lower prices for its unlimited plans failed to attract customers in a saturated wireless market. The company said it lost 61,000 postpaid subscribers, or those who pay monthly bills, in North America on a net basis in the first...

  • handshake merger and acquisitions

    Straight Path Communications said it received a $104.64 per-share all-stock buyout offer that was superior to AT&T's offer of $95.63 per share.

  • STOCKHOLM/ OSLO, April 25- The European Commission is investigating whether mobile network operators in Sweden have abused their market position or engaged in anti-competitive practices to block competitors from entering the market, it said on Tuesday. In the first half of 2016, the four collectively generated 96 percent of revenues in the Swedish mobile...

  • Mobile telecom equipment maker Ericsson also said industry trends in mobile broadband from 2016 were expected to prevail in 2017.

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