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Blow for Reliance Communications as wireless unit merger with Aircel collapses

Embattled telecom company¬†Reliance Communications Ltd¬†faced another setback on Sunday after a deal to merge its wireless business with smaller rival Aircel was called off, raising fresh doubts around its debt restructuring plans. The company, widely known as RCom, said it had agreed with Aircel to call off the proposed deal due to regulatory delays and legal uncertainties. RCom has been trying to reduce its debt by 250 billion rupees by merging its wireless business with Aircel and by selling a stake in its mobile masts arm to a unit of…

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Xiaomi Mi Max Allegedly Hits Certiwi-fication site With snap shots, wireless

beforehand of the may also 10 occasion wherein Xiaomi is anticipated to reveal the Mi Max alongside the MIUI eight ROM, the smartphone seems to have passed Tenaa, the chinese telecommunications certiwirelesscation authority, revealing purported wi-fi and its design. As per the list of the Mi Max, the phone looks very much like the Mi observe telephone that released remaining yr. It has no physical button as rumoured previously. instead, the handset capabilities a wi-fingerprint scanner on the lower back. one of the pix noticed at Tenaa additionally recommend the…

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Logitech Buys Wireless Audio Wearables Maker Jaybird for $50 Million

Logitech on Tuesday announced it has agreed to acquire Salt Lake City-based Jaybird for approximately $50 million in cash. The company in a press statement added that an additional earn-out of up to $45 million is planned “based on achievement of growth targets over the next two years.” Jaybird is best known for its wireless audio wearables, focused on athletes and other active users. The acquisition will help Logitech cater to the wireless audio wearables market, rather than develop such products from scratch. The move is also being speculated to…

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LG Innotek Unveils 15-Watt Wireless Charging Module for Smartphones

LG Innotek, the materials manufacturing subsidiary of the LG group, last week announced a new 15-watt wireless transmission modules for smartphones. The company says wireless chargers with the technology can supply the same amount of electric power supplied by wired chargers. LG Innotek says that it has plans to start mass production this year. It adds that the new modules decreases the entire charging time and enhances user convenience since it is compatible with diverse charger specifications. The company details that the wireless power charger consists of transmitter, which supplies…

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