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Ciena wins auction for some Nortel assets: sources

Yahoo! | 6 hours 55 minutes ago

NEW YORK (Reuters) ? Ciena Corp (CIEN.O) will buy Nortel Networks Corp's (NRTLQ.PK) optical networking and carrier ethernet business for $769 million after outbidding Nokia Siemens Networks in a three-day auction, sources told Reuters on Sunday.... (more)

South Koreans to get Apple's iPhone this week

Yahoo! | 6 hours 57 minutes ago

Apple Inc's iPhone is coming to South Korea this week, a local carrier announced Sunday, bringing the iconic communications device to one of the world's most sophisticated mobile phone markets.... (more)

Vivendi, GE Dig In Heels at Talks Over Price for NBC Universal Stake

Wall Street Journal, The | 6 hours 57 minutes ago

General Electric Co. and Vivendi SA are wrangling over a price difference of several hundred million dollars as the French conglomerate seeks to sell its minority stake in NBC Universal, according to people familiar with the matter.... (more)

Cellphone Entertainment Takes Off in Rural India

Wall Street Journal, The | 6 hours 56 minutes ago

MUMBAI?In the furthest reaches of India's rural heartland, the cellphone is bringing something that television, radio and even newspapers couldn't deliver: instant access to music, information, entertainment, news and even worship.... (more)

An Educated Work Force

Wall Street Journal, The | 6 hours 58 minutes ago

If an educated work force is the nation's human capital, business is seeing a lot of subprime these days.... (more)

GE-Vivendi talks over NBC Universal stalled: report

Yahoo! | 7 hours 47 minutes ago

NEW YORK (Reuters) ? Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.... (more)

Vodafone seeks more time to reply to Indian tax claim

Yahoo! | 7 hours 51 minutes ago

NEW DELHI (AFP) ? British mobile phone giant Vodafone Group Plc has sought an extra two months to reply to a two-billion-dollar Indian tax claim over its purchase of India's third-largest mobile operator.... (more)

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