Apple says AirPod shipments to be delayed
Apple Inc said on Wednesday that its wireless AirPod headphones, which were supposed to hit the market this month, will be delayed.
WARSAW France Telecom's Polish unit TPSA expects its home telecoms market, which it dominates, to shrink by over seven percent next year because of economic woes and further regulatory cuts in mobile charges, its top executive said.
TPSA, the former state monopolist, already slashed its 2012 outlook and future dividend payout last month due to economic factors and aggressive competitors, dragging its shares to levels unseen in nine years.
In his first interview since the profit warning, Chief Executive Maciej Witucki told Reuters the cuts in intercharge fees among mobile operators - the so-called mobile termination rates (MTRs) - would weigh most on the market in 2013.
"The value of the market will fall also next year," Witucki said. "The MTR cut alone will lower the value of the 30-billion zloty ($9.4 billion) market by 2 billion. Second, further price cuts are possible, especially in the voice segment."
(Reporting by Adrian Krajewski and Pawel Bernat)
SEOUL South Korea's LG Electronics Inc said on Thursday its third-quarter operating profit fell 3.7 percent from a year earlier, dragged down by a record quarterly loss for its mobile division.
BRUSSELS/WASHINGTON A widely expected legal challenge has been filed by an Irish privacy advocacy group to an EU-U.S. commercial data transfer pact underpinning billions of dollars of trade in digital services just two months after it came into force, sources said.