The collapse of the proposed $39 billion AT&T/T-Mobile merger leaves T-Mobile, which is the fourth-ranking US carrier and was the weaker partner in the deal, with few good options to flourish in the country’s cut-throat wireless market.

With a testing carried out by a federal agency having reportedly revealed that LightSquared's proposed countrywide, open-access 4G wireless broadband service "caused harmful interference to majority of GPS receivers tested," it is evident that yet another hurdle has come the way of the proposed broadband service.

Chinese phone-equipment maker ZTE Corp. has reportedly decided to invest 2 billion Yuan, or around 314 million dollars, in a facility to support China Unicom's e-book service.

With the rising Singapore dollar having resulted in lower contributions from the overseas associates, SingTel - the biggest telecom firm in South-east Asia - recently reported its sixth straight plunge in year-over-year quarterly profit.

According to reports on Thursday, Singapore Telecommunications (SingTel) officials accounted that in the present monetary year, they have maintained its projection for single digit proportion growth for the Company’s profits figures.

South Korean mobile carrier company, SK Telecom has said that they are going to offer 4G LTE phones. It would be doing so from September and is targeting to meet the growing demand for the fourth-generation network.

4G allows the users to download videos and games on their smartphones at a speed which is much higher than the current 3G network.

Retail sales rose by 4.7% in March this year as against that of February. According to a release made by the Department of Statistics on Friday, the retail sales, as against that of last year, were higher by 0.8%.

Quite prominent growth was recorded in their sales by motor vehicles retailers, of 33.9% in March as against its previous month.