MegaFon to Acquire Majority Stake in Mail.Ru Group for $740m

Leading Russian Telecom group and device maker, MegaFon has announced it will acquire majority interest in Russia’s biggest internet group – Mail.Ru Group. The company has agreed to pay $740m (initial $640m on completion of the transaction plus an extra $100 million deferred for one year). MegaFon will acquire 11.5 million Class A shares and […]

Qualcomm 205 Mobile Platform Announced For Feature Phones

Now positioning itself as a platform and dropping the Snapdragon branding for its processors; Qualcomm Inc. has announced a new mobile chip for entry-level and feature phones. The Qualcomm 205 Mobile Platform (normally would have been the Qualcomm Snapdragon 205) brings moderns ‘smart’ features to low-end, low-cost devices. The Qualcomm 205 Mobile Platform is designed for […]