Nokia Corp. is still in talks with Permira over the sale of its luxury mobile handset business Vertu, a person familiar with the situation told Dow Jones Newswires on Monday.

Japanese operator NTT DoCoMo has placed an offer to acquire all shares in Italian mobile internet content and apps provider Buongiorno for €224m.

Facebook will increase the size of its initial public offering by 25 percent, a source familiar with the matter said, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about the company's long-term potential to make money.

Developing appropriate pricing and differentiation strategies for 4G services will be a critical challenge for operators in Asia wanting to monetise investments in 4G as advanced mobile networks are rolled out across the region, according to a new report, ‘The developed Asia–Pacific telecoms market: trends and forecasts 2011–2016’, from global telecoms and media specialists Analysys Mason.

 India has named Rahul Khullar the next chairman of the Telecom Regulatory Authority of India, a government official said Monday.

As widely expected, LightSquared filed for Chapter 11 bankruptcy protection. The company reported assets and debts each exceeding $1 billion.

Nordic carrier group TeliaSonera’s wholesale division and backbone operator, TeliaSonera International Carrier, has announced that it is building a pan-European managed optical network for Facebook. To provide the social network with connectivity between internet exchange points in multiple European cities and its newest datacentre in Sweden.

Samsung Electronics and Visa have announced that the Samsung Galaxy S III will be Samsung's Olympic Games Phone during the London 2012 Games.

Top U.S. mobile operators are turning to a new type of equipment known as small cells to boost network capacity in the face of a shortage of wireless spectrum.

Intelligent vehicles, through embedded connectivity, will be directly responsible for creating revenues of $14.4 billion by 2016, as existing telematics players extend to new geographical markets and expand their service models in the next five years, finds a new report from Juniper Research.