MTN Group, which operates in Africa and the Middle East, could set a jarring new price floor in the already scary mobile phone market.
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The $2.1 billion deal for additional 15 percent stake in Vodacom expands base in Africa.
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Stymied by market saturation in Europe, the British carrier is seeking to extend its investment in Africa, one of the least saturated mobile markets in the world.
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U.K. start-up’s technology will power a new music service to be launched by 23 mobile operators.
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Adsense moved offline; Investors Balk at V-Mobile sale; Qwest readies offer for XO.
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Nigerian operator shows potential, but has trouble funding its growth.
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Just-sold SunGard may be split; Open source for Thailand’s greater good; Micron does U.S. proud; Africa’s Celtel heading toward Kuwait.
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