TELECOMS

The International Monetary Fund’s (IMF) chief official responsible for Greece has warned the debt-stricken country must take even more austerity measures in order to reduce its massive budget deficit.

Credit Suisse have addressed five recurring concerns troubling the investors of Apple.

Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...

Microsoft turned the tables on long-time Skype wooers Google and Facebook to reportedly land an $8.5 billion deal to buy the popular Voice over Internet Protocol service. The following are some key facts about Skype:

The United Arab Emirates reportedly plans to stop individuals and small businesses from using certain BlackBerry messaging services, but the government says that no customers will be affected.

Intelsat S.A., the world’s leading provider of fixed satellite services, announced today that the launch of Intelsat New Dawn has been rescheduled to Friday, April 22 at 5:37 p.m. (EDT). The satellite, loaded on an Ariane 5 rocket, will be launched from the Spaceport in Kourou, French Guiana.

U.S. stocks ended higher on Friday on strong jobs data. The Dow Jones industrial average gained 56.99 points, or 0.46 percent, to 12,376.72. The Standard & Poor's 500 advanced 6.58 points, or 0.50 percent, to 1,332.41. The Nasdaq Composite rose 8.53 points, or 0.31 percent, to 2,789.60.

Isolated spikes of Internet activity showed up in Libya over the weekend, according to Google's Transparency Report, but it is intermittent and Libya is still largely cut off from the rest of the world.

The Libyan telecommunications operator has cut off Internet traffic from inside the country.

Consultants hired by Algeria to value Orascom Telecom's local mobile phone unit are scheduled to complete their work by the end of May, Algerian telecommunications minister Moussa Benhamadi told Reuters.

The Kenyan shilling edged down to a six-and-a half-year low against the dollar on Monday and traders expect it to ease further due to demand for the U.S. currency from oil importers.

Rwanda has put plans of awarding a fourth mobile phone operator's licence on the ice until subscriber growth and market share distribution stabilises, the industry regulator said on Friday.

Nordic telecoms company TeliaSonera (TLS1V.HE)(TLSN.ST) said on Thursday it will begin lay-off talks in Finland and estimates some 200 jobs might be cut.

Prime Minister Manmohan Singh's embattled government will likely boost spending on social programmes in a populist budget on Monday, even as India is threatened with a potentially ballooning subsidy bill for food and fuel.

At least 100,000 trade unionists marched through the Indian capital on Wednesday in a protest against high food prices and unemployment, piling pressure on an administration under fire over corruption scandals.

Tens of thousands of trade unionists, including those from a group linked to India's ruling party, marched through the streets of the capital on Wednesday to protest food prices, piling pressure on a government already under fire over graft.

After the Egyptian government shut off the Internet attention has turned to Libya and Bahrain, both of which have had some of the worst unrest in the last week.

Internet telephone service Skype said Nokia's alliance with Microsoft presented an opportunity for the company to tap into Finnish engineering talent looking for new jobs.

The Central Bureau of Investigation (CBI) on Tuesday questioned a top executive of Unitech Ltd as part of a probe into a telecoms corruption scandal that has roiled politics and spooked investors in Asia's third-largest economy.

The BSE Sensex edged 0.2 percent higher early on Wednesday, with Tata Steel rebounding after falling initially.

Prime Minister Manmohan Singh is under severe pressure, his administration derailed from its legislative agenda by a series of corruption scandals that have come to dominate politics.