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  • China Mobile is reportedly to acquire an 18% stake in Thailand’s True Corp, valued at approximately $581 million.
  • India’s Company Law Board has blocked an attempt to auction the assets of Indian joint venture Uninor.
  • AT&T has announced that it has agreed to acquire satellite TV provider DirecTV for $48.5 billion.
  • Bill Morrow has been appointed as CEO of Vodafone Hutchison Australia (VHA). Morrow is an experienced telecoms executive, having served as both CEO of Clearwire and Europe CEO at Vodafone. He has also run Vodafone Group’s businesses in Japan and the UK.
  • George Davis has been appointed as chief financial officer of Qualcomm, following the announced retirement of William Keitel.
  • London-based Volta Data Centre has confirmed that the Secure Path Networks (SPN) Alliance has installed dark fibre connectivity into its Great Sutton Street (GSS) facility.
  • Altimo, part of the Alfa Group owned by Russian Billionaire Mikhail Fridman, and Nordic carrier Telenor have both opted to raise their stakes in carrier VimpelCom by purchasing shares from Egyption tycoon Naguib Sawiris’ Weather Investments II.
  • Orange will not sell off its Belgian subsidiary Mobistar, after reports emerged that other operators in the market were looking at acquiring the company.
  • French market leader Orange and rival operator Bouygues are reportedly looking at options to merge after calls from the country’s government for further consolidation in the market.
  • Ericsson is reportedly planning to disclose information on low returns it made in Europe following high-level R&D investments.