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China picks up 3G pace, Mobile completes gear deals (Reuters)
Reuters - China took another step toward its long-cherished goal of operating high-speed telecoms services, with China Mobile (0941.HK) dishing out over $4 billion of deals and smaller rival Unicom (0762.HK) hoping to win a 3G license soon.

AT&T Introduces Touch-Sensitive HTC Fuze Handset (NewsFactor)
NewsFactor - AT&T Wireless Services has fired up a new 3G smartphone from HTC that combines a slide-out QWERTY-style keypad with a 2.8-inch touch-sensitive screen and intuitive one-touch access to selected functions. The HTC Fuze will let users navigate from one place to the next by touching, holding and sliding screen tabs.

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.

Japanese mobiles to offer psychotherapy sessions (AFP)

AFP - A Japanese professor on Wednesday launched what he said was the world's first web-based psychotherapy sessions available via mobile phone, as the country grapples with a growing problem of depression.

Nokia sees cellphone, gear market falling in 2009 (Reuters)

Reuters - Top handset maker Nokia Oyj said on Friday the world's mobile phone market would fall in the fourth quarter and next year as an economic slowdown crimps consumer demand around the world.

ARM, Adobe collaborate on mobile Web browsing (Reuters)
Reuters - Software maker Adobe Systems and chip designer ARM Holdings will collaborate to bring better Web services to ARM-powered devices including cellphones from most of the world's biggest handset makers.

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.

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.