Not so fast! Only hours after announcing a deal with Prysmian SpA , fiber maker Draka has received a better offer -- valuing the company at slightly more than €1 billion (US$1.36 billion) -- from Chinese conglomerate Xinmao. (See Draka's In Demand.)
According to sources close to The Financial Times, Apple has told European mobile operators that the iPhone 5 will not contain an embedded SIM card. However, the FT's sources believe that the US giant has not given up on the idea, which has made operators think that Apple has designs on ultimately becoming a network provider as well as a purveyor of must-have gadgets and apps.
UK broadband provider TalkTalk is being investigated for the second time in a matter of months by regulator Ofcom , reports The Daily Telegraph. This time it's for alleged mis-selling of fixed-line services, or more specifically the "slamming" of people into contracts they never asked for. (See Ofcom Warns TalkTalk, Tiscali.)
Over in the Middle East neighborhood of Euronews' EMEA beat, Saudi Telecom Co. (STC) has chosen Alcatel-Lucent to expand its broadband access network. AlcaLu will be deploying its Intelligent Services Access Manager (ISAM) platform, which supports VDSL2 and GPON.
Firecomms Ltd. , a compound semiconductor company based in Cork, Ireland, has been acquired by China's ZJF Group, reports The Irish Times. The new owners plan to invest €5 million ($6.75 million) in the venture during the next 12 months.
In the face of apparent opposition from the EC's vice-president for the Digital Agenda, Neelie Kroes, the Dutch government says it will allow the country's mobile operators to charge by the minute after all, reports Dutch News, citing the Telegraaf newspaper. Operators KPN Telecom NV (NYSE: KPN) and Vodafone Netherlands attracted criticism when they announced they were planning to move to pay-per-minute tariffs and have since changed their minds.