Top StorynnWall St. Journal* -- Vodafone confirmed it's considering taking a controlling interest in Indian mobile-phone operator Hutchison Essar, paving the way for a possible bidding war with Reliance (Financial Times*; N.Y. Times). nnAmong OthersnnWSJ -- Siemens's CEO is hopeful a follow-up audit will reduce the financial scope of alleged fraud being investigated at the firm. nnFT -- Prosecutors must determine how far up the Siemens’ chain of command the knowledge of “slush funds” intended for bribery might have gone. nn -- Telecom Italia moved to calm speculation of turmoil in its executive suites, saying it was proceeding with a previously outlined strategy. nnNYT -- The maker of the BlackBerry, Research In Motion, reported a higher 3rd-quarter profit that beat expectations, and forecast an even stronger 4th. nnUSA Today -- Earthlink launched new Wi-Fi services as Milpitas, Cal., and New Orleans became the latest cities to get blanketed. nnCommunications Daily -- Baseball-type arbitration for existing contracts is in play as discussions begin anew at the FCC on the AT&T-BellSouth merger, sources say (p1).nn -- The FCC franchise order is under discussion by 4 city groups weighing options including possible lawsuits (p2).nn -- T-Mobile and Sprint Nextel, major wireless carriers not affiliated with Bells, asked the FCC to rule that LECs can’t impose what they call unnecessary impediments to porting numbers (p3).nn -- Mid-tier acquisitions likely will continue in 2007 even as big-money deals like AT&T-BellSouth stall, analysts say (p4).nnWashington Internet Daily -- Among German priorities in assuming the EU Presidency Jan. 1 will be progress on revising the EU e-communications regulatory framework (p2; CD, p5).nnL.A. Times -- AT&T must face a lawsuit by former MediaOne Group executives who say a buyout reduced the value of their stock options, a judge ruled.n n_____________________nn*The Wall St. Journal and the Financial Times can be accessed online via paid subscription only.
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