Daily News: Reuters Technology News Headlines - AT&T cuts wireless data charges for individual customers

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Saturday, Mar 08, 2014 11:16 AM PST
Today's Reuters Technology News Headlines - Yahoo! News: AT&T cuts wireless data charges for individual customers China's Tencent may take 16 percent stake in JD.com: media Mexico telecoms regulator reins in Slim and his empire

AT&T cuts wireless data charges for individual customers  Saturday, Mar 08, 2014 11:16 AM PST (Reuters) - AT&T Inc said on Saturday it is cutting wireless data charges for individual customers who have no annual service contract, as the No. 2 U.S. mobile operator attempts to better compete with rival T-Mobile US Inc. Customers having one smartphone with no annual service contract will now pay $65 per month instead of $80 for a plan that includes 2GB LTE wireless data, unlimited talk and text messaging, unlimited international messaging and 50 GB cloud storage. The latest plan follows price cuts AT&T announced last month for families and customers who share large data plans, as well as its offer of a $200 credit to customers who switch to its network. AT&T has been fiercely competing with smaller rival T-Mobile U.S. after T-Mobile spent several quarters directly marketing to AT&T customers. Full Story	Top
China's Tencent may take 16 percent stake in JD.com: media  Saturday, Mar 08, 2014 02:59 AM PST China's largest Internet company Tencent Holdings Ltd may soon announce a deal to take about a 16 percent stake in online retailer JD.com and merge their online shopping platforms, local media reported on Saturday. JD.com, China's second-largest e-commerce company, has a nearly 13 percent market share. Any deal between two of China's largest online companies would help narrow the huge gap between e-retailers and Alibaba Group Holding Ltd, which dominates China's booming online commerce market. Under the deal, both companies will combine their e-commerce business, with Tencent transferring its less popular e-commerce sites, including yixun.com, to JD.com, China's major business paper Caixin reported, citing unidentified company sources. Full Story	Top
Mexico telecoms regulator reins in Slim and his empire  Friday, Mar 07, 2014 10:00 PM PST By Tomas Sarmiento and Christine Murray MEXICO CITY (Reuters) - Mexico's telecommunications watchdog unveiled a slew of regulations on Friday to claw back the massive telephone business of billionaire Carlos Slim, but said it would not order a break-up of his companies for now. Mexico is trying to open up its phone and TV industries to more competition following last year's passage of a major telecoms reform that targets the vast market shares enjoyed by Slim and the country's no. 1 broadcaster, Televisa. Slim's America Movil controls about 80 percent of Mexico's fixed-line business via its Telmex unit and some 70 percent of the mobile sector through its Telcel unit. As was expected, the Federal Telecommunications Institute (IFT) declared America Movil "dominant", and therefore needs to be subject to tougher regulation. Full Story	Top

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