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India eyes 4G mobile networks even as 3G stalls 5:29pm IST

NEW DELHI, Feb 10 (Reuters) - India has begun the process of introducing fourth-generation (4G) mobile wireless broadband services, even though the government has yet to finalise a date for its long-pending 3G spectrum auction.  Full Article

 
UPDATE 1-Brazil's Vivo Q4 net flat, sales growth lags market 3:58pm IST 

* Q4 profit stable as revenue, spending rise at same pace  Full Article  

Taiwan says eases LCD, chip foundry China investments 3:49pm IST 

TAIPEI, Feb 10 (Reuters) - Taiwan will loosen restrictions on investments by the LCD and chip foundry sectors in China, and allow banks to invest in their Chinese counterparts, economic minister Shih Yen-shiang said on Wednesday.  Full Article  

Global mobile broadband spend seen up to $72 bln 3:35pm IST

FRANKFURT, Feb 10 (Reuters) - Mobile operators worldwide are seen investing up to $72 billion in wireless broadband technologies this year to accommodate surging demand, according to telecoms industry body GSMA.  Full Article

 
Brazil's Vivo posts 221.6 mln reais Q4 profit 3:09pm IST

SAO PAULO, Feb 10 (Reuters) - Vivo , Brazil's largest wireless carrier, posted on Wednesday fourth-quarter net income of 221.6 million reais ($120 million), compared with 222.1 million reais in the year-earlier period.  Full Article

 
Telenor completes stake buy in India phone firm 1:51pm IST

NEW DELHI, Feb 10 (Reuters) - Norway's Telenor has put 20.22 billion rupees ($434 million) in its fourth round of investment in Indian telecoms firm Unitech Wireless, taking its holding to an agreed total 67.25 percent.  Full Article

 
UPDATE 1-Omantel doubles Q4 net profit to $50 mln 1:39pm IST

DUBAI, Feb 10 (Reuters) - Oman Telecommunications Co (Omantel) doubled its fourth-quarter net profit to 19.4 million rials ($50.39 million), from 9.7 million rials a year-earlier, according to Reuters calculations.  Full Article

 
Spanish stocks - Factors to watch on Wednesday 12:44pm IST

MADRID, Feb 10 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:  Full Article

 
DIARY - Egypt/Sudan - Feb 10 12:34pm IST

This diary is updated daily. New listings or amendments are marked *. All events/times provisional and in GMT (local time is GMT +2 for Egypt and Sudan).  Full Article

 
UPDATE 4-Baidu tops forecasts, sees gains from Google-China spat 11:45am IST

* Sees Q1 rev $176 mln-$181 mln vs market estimate $170.2 mln  Full Article

 

Market Update

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 72.04 -0.12% 02/10 17:34 IST
Gold 1080.0 +0.26% 02/10 17:14 IST