Merely days after Carphone Warehouse and Phones 4U, UK's giant mobile retailers, suspended the sales of Sony Ericsson's Satio on the back of more and more customers returning the phones because of a technical issue, the company has admitted that its latest "PlayStation" phone Aino is experiencing “issues with the touchscreen". This is not a good development for a company which is fiercely fighting to gain a position in the highly competitive smartphones market.

Britain's Carphone Warehouse, on the back of a better than expected earnings report for the first six months of the current fiscal year, has raised its complete year earnings forecast, after confirming that both its retail and telecomm units have performed exceptionally well. The company also shared that it was well on track to successfully reach the aim of splitting in two by the end of March next year.

Officially launching its entry-level Palm Pixi smartphone, Sprint's $100 device after a $50 instant rebate is powered by webOS, and features a QWERTY keyboard, together with a 2.6-inch multi-touch display runs multiple applications simultaneously, including offering combined messaging, linked contacts, layered calendars, as well as, providing easy access to Palm's Applications store.

Complete with full scrolling and zooming capabilities, the newest Palm smartphone also allows users to visit non-mobile websites.

The fact that Verizon was recently taken to court by AT&T over an advertisement does not seem to have any effect on one of the world's top ranked mobile telecom and internet service providers. Verizon has, in lieu of the upcoming Holiday season, released a series of three ads which do not fail to highlight the difference in the network coverage offered by it and AT&T.

Entitled "Naughty Nice," Misfit Toys," and "Blue Christmas", the ads have made it a point to include the maps which had first caused trouble in the "There's a Map for That" advertisement.

A Russian business lobby and members of Parliament are in the early stages of drafting legislation that could limit or even ban the use of voice over Internet phone companies like Skype.

The measure stems from concern that landline and cellular phone companies are losing revenue to foreign operators of the Web-based services.

Net profit for Dutch telecommunications corporation KPN increased by 4.8 per cent in the second quarter of 2009, the company reported.

Releasing its quarterly report on Thursday, KPN said cost-cutting operations successfully reduced the impact of the recession.

Norwegian telecommunications group Telenor reported Thursday that its second quarter net profit halved from last year's levels, as it said the global financial downturn continued to impact business.

Net profit was 1.37 billion kroner (217 million dollars), compared to 3.5 billion kroner in the corresponding business period 2008.

Nokia, the world's largest mobile phone maker, Thursday reported lower sales and a decline in profits for the second quarter of 2009.

The Finnish-based company posted a pre-tax profit of 380 million euros (533 million dollars), compared to 1.47 billion euros for the corresponding business period in 2008.