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24th July 2011 Archive

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  • Oz regulator punctures Foxtel takeover bid

    If it looks like a monopoly and quacks like a monopoly...

    Foxtel’s ambition to create a subscription TV monopoly with the $1.9bn takeover of rival Austar has been significantly dampened by the competition regulator. On Friday the Australian Competition and Consumer Commission (ACCC) released its ‘Statement of Issues’ on the takeover which provides the regulator’s preliminary views. …

    Business 24 Jul 22:46

  • For Australian small biz, NBN retail prices look fabulous

    Lower cost, higher upload speeds: what’s to complain about?

    When Internode announced tariffs for its National Broadbad Network (NBN) services last week, it triggered an outbreak of mass stenography among Australian journalists. Rather than try to understand the pricing for themselves, they opened the microphones and let practically anybody draw practically any conclusion about the tariff …

    Telecoms 24 Jul 22:47

  • ZTE starts US$15.5m VC fund

    In-house crowdsourcing for cash

    Chinese vendor ZTE has set up a US$15.5m venture capital fund targeting the IP smarts of its own employees. The company is looking to mine the brains trust of its own 80,000-strong workforce in the search for technology solutions, business models and management processes to invest in as part of its ‘Innovative Fund’. ZTE …

    Business 24 Jul 23:55