Some bad news for France Telecom this morning: The European Court of Justice has upheld a 2004 European Commission ruling that the operator received illegal state aid between 1994 and 2002. And now it's payback time. The amount to be recovered is thought to lie somewhere between €798 million (US$1.06 billion) and €1.14 billion ($1.52 billion), plus interest. (See France Telecom in Scrap Over State Aid.)
The Financial Timesreports that Nokia is to sell Vertu, its "blingphone" subsidiary that specializes in serving the niche -- and frankly more-money-than-sense -- market for "handmade" mobiles containing various shards of precious metals/stones and costing thousands of pounds. (See The Vertu Vanishes and Paltrow's Massive Wedge.)
Several Russian wireless service providers have made formal partnership agreements with each other as part of a drive to share a single Long Term Evolution (LTE) network. WiMax operator Yota has signed agreements with MegaFon and Rostelecom, while the latter has also brokered a mobile virtual network operator (MVNO) relationship that will allow it to offer LTE services to its 100 million or so users. Mobile TeleSystems OJSC (MTS) and VimpelCom Ltd. are expected to join the party in due course. (See Russian Into LTE and Russian Ops to Share LTE Network.)
Navx, a France-based provider of "geolocalized" content for smartphones and GPS systems, is suing Google in the Paris Commercial Court for €23 million ($30.7 million) in damages for what it sees as the search behemoth's abuse of its dominant position. The case centers on how Google's pay-per-click Adwords system showed -- or failed to show -- Navx's advertisements. (See Navx Seeks €23M in Damages From Google.)
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