Genuine Leather Case for Nokia 3620 / 3660

Wall Street sells off as consumers snap wallets shut (Reuters)

Reuters - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers' reluctance to spend will push the economy into an even deeper downturn than currently expected.

Appeal threatens Telenor's Russian stake (AP)
AP - A Siberian appeal court is scheduled Tuesday to consider a ruling that could lead to the temporary seizure of Norwegian Telenor's ownership in Vimpelcom, Russia's second largest mobile phone company.

Vodafone's 1H profit falls; cost cuts boost shares (AP)

AP - Vodafone Group PLC, the world's biggest mobile phone company by sales, said Tuesday its net profit fell 35 percent during the first half of the financial year. But shares rallied as the company announced 1 billion pounds ($1.56 billion) in cost cuts and stuck to its full-year profit forecast despite the global economic downturn.

Thai True Move in deal with Apple to sell 3G iPhone (Reuters)
Reuters - Thailand's third largest mobile phone firm, True Move, a subsidiary of True Corp, said on Thursday it had signed a deal with Apple Inc to sell the 3G iPhone in Thailand.

Japan's DoCoMo eyes 'Google phone' launch next year (AFP)

AFP - Japan's top carrier NTT DoCoMo Inc. aims to launch next year a cellphone developed with Internet search giant Google, an official said Wednesday, a move that could counter Apple's iconic iPhone.

Microsoft nears search deal with Verizon: report (Reuters)

Reuters - Microsoft Corp is moving closer to an agreement with Verizon Wireless to become the default search provider on the wireless carrier's cell phones, the Wall Street Journal said, citing people familiar with the discussions.

Cisco unveils new edge router (Reuters)

Reuters - Cisco Systems Inc launched a new edge router aimed at improving Web speeds as more consumers download movies online and access the Internet with mobile phones.

Vodafone to focus on cost control after revenue cut (Reuters)

Reuters - Mobile phone group Vodafone cut its full-year revenue outlook for the second time in four months on Tuesday but said it would maintain profits and boost free cash flow by cutting 1 billion pounds ($1.6 billion) of costs.

Vodafone net profit drops 35 percent, plans cost cuts (AFP)

AFP - British mobile phone giant Vodafone posted a 35-percent slump in first-half net profit on Tuesday and booked a hefty loss on the value of its Turkish business.

India rejigs spectrum fees for 2G and 3G services (Reuters)
Reuters - Foreign telecoms firms not currently operating in India but looking to enter the world's fastest-growing market as a third-generation (3G) services operator will have to pay more each year for spectrum.