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Pfizer net down on lower sales, higher research, legal costs
2015-01-27 15:37:07| Biotech - Topix.net
Pfizer Inc.'s fourth-quarter profit fell by half as worsening generic competition and unfavorable currency rates reduced sales, and higher research spending and legal costs also hurt the bottom line. The world's second-biggest drugmaker by revenue reported lower sales for most of its huge portfolio of prescription medicines, with the biggest hit coming from new generic competition to popular painkiller Celebrex.
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KPN, Vodafone fined for net neutrality violations
2015-01-27 10:04:00| Telecompaper Headlines
(Telecompaper) The Dutch regulator ACM has fined KPN and Vodafone respectively EUR 250,000 and EUR 200,000 for violations of net neutrality. KPN was fined for blocking certain services, including forms of VoIP, on its free Wi-Fi hotspots. According to the regulator, providers cannot discriminate between services provided over an internet connection. KPN said it accepts the fine and agrees with the ACM assessment. The net neutrality rules were added to the Telecommunications Law in 2013, and KPN implemented the services after that. The operator noted that it did offer a premium version of the Wi-Fi service under which all services were permitted. Vodafone offered access to an app with HBO with certain plans without charging for the related data traffic. The law does not allow operators to determine which services customers can use over the internet, the ACM said. Vodafone was not immediately available to comment. Under the Dutch law, internet providers may not block certain services or applications, nor charge different rates for accessing particular services or apps over the internet.
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KPN, Vodfone fall foul of Dutch net neutrality law
2015-01-27 01:00:00| Total Telecom industry news
Regulator slaps operators with fines as EU grapples with open Internet 'compromise'.
Blackberry wants to force popular services onto its platform in the name of net neutrality
2015-01-23 20:43:03| Extremetech
Blackberry wants to get the government to mandate that certain applications and content services be forced to provide their services on the Blackberry platform in the name of net neutrality.
LG Uplus almost doubles Q4 net profit
2015-01-23 13:56:00| Telecompaper Headlines
(Telecompaper) South Korean communications provider LG Uplus moved to a fourth-quarter net profit of KRW 85.3 billion versus a net loss of KRW 48.1 billion in the year-ago quarter. However, revenues went down 9 percent year-on-year to KRW 2.68 trillion as service revenues climbed 7.1 percent to KRW 2.09 trillion. Handset revenues plunged 46.7 percent to KRW 470.7 billion. EBITDA jumped 26.9 percent to KRW 590.5 billion, while EBITDA margin rose 6.2 percentage points to 22 percent.
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