Unstrung reports that the International Telecommunication Union, Radiocommunication Sector (ITU-R) has approved the technical requirements for its proposed IMT-Advanced standard.

Vodafone has moved to restore confidence in its declining stock price by announcing a surprise £1 billion share buyback programme.

The Malawi Communications Regulatory Authority has awarded a license to Global Advanced Integrated Networks Limited (GAIN) to provide mobile services in the country.

CNBC reports that Bharti Airtel, India's largest mobile operator, beat forecasts today with a 34 percent rise in quarterly profit as it rode a boom in the world's fastest-growing mobile market, sending its shares up 5 percent.

TeliaSonera reported second-quarter sales of SEK25.27 billion (US$4.2 billion), up 5.7 percent from a year earlier. EBITDA, excluding one-time items, improved to SEK7.98 billion from SEK7.52 billion a year ago, and net profit was up at SEK4.13 billion from SEK3.83 billion.

Qualcomm's fiscal third-quarter net income fell 6 percent on an increase in research and development expenses for integrated circuit products.

Saudi Telecom said it wants to buy the 25 percent stake the Oman government is selling in Omantel, notes TelecomPaper. Saudi Telecom, which gave no further details in a statement on the bourse website, acquired a stake in Kuwait's third mobile phone license last year as it faces greater competition at home, where mobile penetration hovers around 100 percent.