Pakistan raises $1.1 billion from first 3G, 4G auction

Pakistan raises $1.1 billion from first 3G, 4G auction
Pakistan raised $903 million in its first auction for 3G mobile phone networks on Wednesday, as well as $210 million for the more advanced 4G spectrum, with four foreign-owned companies emerging as winners from the long-anticipated bidding process.The South ...

China’s Huawei to spend $300 million on global marketing in 2014

China’s Huawei to spend $300 million on global marketing in 2014
Huawei Technologies Co Ltd, the world's third-biggest smartphone manufacturer, plans to spend $300 million on global marketing in 2014, a senior executive said on Wednesday."This year Huawei will spend $300 million on marketing," Shao Yang, Huawei's vice president of ...

China’s Huawei says investment in information technology to rise 14 percent in 2014

China’s Huawei says investment in information technology to rise 14 percent in 2014
Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, expects investment in information technology to rise 14 percent in 2014, a senior executive said on Wednesday."Our investment focus will be in LTE (Long-Term Evolution), 5G and cloud computing," ...

Brazilian Congress passes Internet bill of rights

Brazilian Congress passes Internet bill of rights
Brazil's Senate unanimously approved groundbreaking legislation on Tuesday that guarantees equal access to the Internet and protects the privacy of Brazilian users in the wake of U.S. spying revelations.President Dilma Rousseff, who was the target of U.S. espionage according ...

Music video hub Vevo monthly viewership up nearly 50 percent to 6 billion

Music video hub Vevo monthly viewership up nearly 50 percent to 6 billion
Vevo, the online music video hub that is a joint venture of two of the world's biggest music labels, has seen a nearly 50 percent increase in the number of music videos streamed each month from its platform, the ...

AOL chief communications officer leaves after one year

AOL chief communications officer leaves after one year
AOL head of communications Peter Land left the company on Tuesday after a year working there, marking the latest public relations executive to depart the company.AOL Inc attributed Land's departure to a reorganization of the communications department."We are investing ...