Symantec completed the previously announced sale of its 49 percent stake in Huawei Symantec Technologies Co., Ltd. (Huawei Symantec) to Huawei for USD $530 million. The completion of the sale liquidates Symantec’s ownership interest in the joint venture and gives Huawei sole proprietorship over all elements of the joint venture entity.

Huawei Symantec was a Hong Kong-based joint venture established by Huawei and Symantec in 2008.
Symantec said its decision to sell its stake in the joint venture in November 2011 as made after several rounds of discussion and negotiations over the future of the joint venture. The company also noted that it achieved a "good return on its investment" and that it remains committed to China, where its own business has grown 46 percent over the last three fiscal years.
http://www.symantec.com

Huawei Symantec was a Hong Kong-based joint venture established by Huawei and Symantec in 2008.
Symantec said its decision to sell its stake in the joint venture in November 2011 as made after several rounds of discussion and negotiations over the future of the joint venture. The company also noted that it achieved a "good return on its investment" and that it remains committed to China, where its own business has grown 46 percent over the last three fiscal years.
http://www.symantec.com
India's Bharti Airtel has launched operations in its 17th African country -- Rwanda. Airtel has already said that it will invest over USD 100 million in its operations over the next three years and generate direct and indirect employment opportunities. Mobile penetration in the country was at 38.4 per cent as of July 2011. Airtel was awarded the license by the Rwanda Utilities Regulatory Agency (RURA) last year to operate 2G and 3G GSM mobile services. 

Orange Business Services introduced its new Livebox Pro gateway. Key features and capabilities include:
Australia's NBN Co published detailed neighbourhood rollout maps for its nationwide fibre deployment.

Digicel, in conjunction with Columbus Networks, announced a US$16m 200km undersea cable to Haiti. Alcatel-Lucent has been named technology supplier for the project.
Tariffs for international mobile data roaming across the European Union will drop significantly in the next few years under a tentative deal reached this week by Members of the European Parliament and the Danish Presidency of the Council of Ministers. Currently, mobile data roaming services charged to consumers do not have a price ceiling, and the existing legislation capping roaming charges for phone calls, SMS messaging expires on 30 June 2012.
Verizon Wireless will begin selling its Verizon Jetpack 4G LTE Mobile Hotspot- MiFi 4620L starting April 12 for $49.99 after a $50 mail-in rebate with a new two-year customer agreement.
Brazil and Angola announced plans for the joint construction of a 6,000km submarine cable across the Atlantic linking Fortaleza and Luanda. Survey work began in November 2011. Telebras is playing a key role. 




