Reuters - Reliance Communications , India's No.2 mobile operator, has started exclusive talks with South Africa's MTN Group that could create a $63 billion telecoms giant, knocking shares in both companies down sharply.

Reuters - LG Electronics (066570.KS), the world's No.4 handset maker, is closely watching rival Nokia (NOK1V.HE) amid talk the top-ranked mobile phone maker may cut its prices and re-enter the South Korean market later this year.

AFP - India's Reliance Communications said Monday it was in tie-up talks with MTN after rival mobile operator Bharti Airtel hung up on discussions with the South African phone giant in a dispute over control.

AFP - A Japanese government panel called on parents and schools Monday to help limit the use of mobile phones by children to prevent them from accessing "harmful" information on websites.

AFP - India's Reliance Communications said on Monday that it had entered into exclusive talks with South African mobile firm MTN after top cellular company Bharti Airtel pulled out of merger negotiations.

Reuters - China will issue three licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.