Tech Business Review: Microsoft’s EU Charges, AT&T Wins FCC Approval
Microsoft Corporation (NASDAQ:MSFT) will shortly face European Commission charges that it did not obey a 2009 decision that it supply consumers with a range of Web browsers. EU Competition Commissioner Joaquin Almunia remarked, “It should not be a long investigation because the company itself explicitly recognized its breach of the agreement.” The firm could be liable for penalties as much as 10 percent of its global revenues if found guilty.
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AT&T Inc. (NYSE:T) has been granted a large request by the FCC which will permits the carrier to employ 20 megahertz of nationwide spectrum in the 2.3 gigahertz (WCS) band with which to deploy 4 gigabyte services. The company prepared for the FCC’s ruling by meeting concerns from Sirius XM Radio Inc. (NASDAQ:SIRI), which owns spectrum in an adjacent band, over potential interference.
Nokia Corporation (NYSE:NOK) says that its Lumia 920 and 820 Windows Phones will be available in Europe in November and it’s widely anticipated that a United States intro should occur at about that time. The company needs to regain smartphone share, but the 920 will be more expensive than Samsung’s (SSNLF.PK) flagship Galaxy S III. More specifically, the 920 will cost €599 or $770 in Italy, well above the S III’s €530 or $681.
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