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Morning Digest: Qualcomm, Sri Lanka, Skype, Twitter, North Korea, Mehrotra, LiveMedia, Sistema

The Aussie who sold mobile phones to North Korea – Interesting read at ARN

Dr. Rakesh Mehrotra may be appointed member of the TRAI, reports Business Line. (ED: from my interactions with him, Dr. Mehrotra has great depth in understanding of the dynamics between the media and telecom business, especially when it comes to domains like DTH and Mobile TV. He previously represented Tata Sky)

Twitter gets a new CEO: Evan Williams steps aside to take on a product strategy role, as Dick Costolo (previously COO) takes over. More at the Twitter blog.

Qualcomm is shutting down its direct-to-consumer FLO TV operators, reports Paidcontent, though the white labelled service will continue. Note that in India, Qualcomm Ventures has invested in Mobile video streaming company Apalya.

BSNL Looks For A CMD, and Telecom Watchdog and BSNL unions suggest that eligibility criterion may have been manipulated to favor a particular candidate. More at the Times of India and The Hindu Businessline

Cisco’s Tony Bates has been appointed CEO of Skype.

29 million Indians saw the Commonwealth games opening, according to aMap, reports the Economic Times

Sri Lanka Telecom, the largest fixed line telco in the island nation, may raise $125 million to fund expansion, particularly into the previously war-torn northern regions of the country. More at Bloomberg.

USO Fund administration wants the body to be made an independent authority. It has a lot of money to distribute. More at Businessline

Amazon to acquire Spanish online retailer BuyVip – More at WSJ

Gizmodo has the scoop on Panasonic’s new portable online gaming system – Jungle.

Low cost handset manufacturer Zen Mobiles is targeting 7-10% of the Indian handset market, reports Economic Times. Aren’t they all?

An AOL-Yahoo Merger? More at Silicon Alley Insider

Turnaround has resulted in PE interest: Rajeev Suri, CEO, Nokia Siemens – Economic Times

Looks like BSNL is going to spend a lot of money advertising with LiveMedia, advertising at ITC Choupal Sagaars, Hariyali Kisan Bazaars, etc. where LiveMedia has placed high quality LCD screens. [Release]

Shyam Sistema will do an IPO in the fourth quarter of 2010-11, reports Business Standard

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