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Vodafone To Sell China Mobile Stake For 6.6 Billion - The Vodafone Group is selling its 3.2 percent stake in China Mobile for about 6.6 billion. Some 70 percent of the proceeds will be returned to shareholders through a stock repurchase, and the rest will be used to pay down debt, Vodafone said Tuesday by e-mail.

Vodafone Sells 3.2 Stake In China Mobile For US 6.6 Bln - Reports - British mobile network operator Vodafone Group Plc VOD, VOD.L reportedly sold its minority stake in China Mobile Ltd. CHL , China s largest mobile phone company, for about US 6.6 billion. The public offering for sale of the 3.2 stake in China Mobile was managed by Morgan Stanley, UBS and Goldman Sachs.

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T-Mobile S Kids Are Free Promotion Will Keep Families Connected More Affordably - BELLEVUE, Wash. Continuing its efforts to give families the freedom to stay connected on their terms, T-Mobile USA, Inc. today announced a new promotional offer called Kids Are Free to make family communication easy and more budget friendly.

Tyfone Raises 5 Million For Mobile Banking - Portland, Ore.-based Tyfone has raised 5 million in a second round of funding to support its mobile banking and payment solutions as the space heats up. Tyfone said the money will be used for producing its microSD cards that are used for contactless mobile payments, coupons and other commonly used loyalty programs.

Create A Mobile Buzz Users Will Remember - Retailers need to find ways to keep customers talking. E-commerce managers can roll out a mobile commerce site fairly quickly with straightforward features and functions, but in the long run the site needs to create a lasting buzz, says Loren Gray , director of e-commerce at Ocean Properties Ltd.

Smartphone Application Promotes Restaurant Deals - The creators of a campus-aimed dining deal application for Smartphones were headed to Silicon Valley, but never made it passed the mountains. Settling in Boulder, Andrea Palwiczek and Chris Vincent created Duck Duck Deal, a new application for Apple iPhone and Android software that allows local Fort Collins bars and eateries to post up deals, which will be updated immediately, for any guest to

India S Reliance, GTL Abandon Tower Business - MUMBAI Indian telecom infrastructure firm GTL Infrastructure scrapped yesterday a proposed deal with tycoon Anil Ambani s mobile phone firm Reliance Communications RCom to merge their telecom tower businesses. The announcement deals a blow to plans by Reliance Communications to cut its US 6.2 billion US 1 RM3.11 debt, including the US 1.8 billion it raised to purchase 3G third-generation

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