Nokia 6010 Brilliant Yellow faceplate

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.

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.

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.

Irish the heaviest users of mobile phones: Ofcom (Reuters)
Reuters - Residents in the Republic of Ireland spent the most time on their mobile phones and sent the most text messages per head in the world in 2007, according to a report which examines changes in the communications industry.

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.

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.

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.

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.

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.

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.