Ciena reports strong quarterly results. Profit was $13m and revenues were $194m (+47%), to be compared to respectively a loss of $2m on revenues of $131m. Gross product margin reached over 47%. Ciena became cash flow positive for the first time in four...

Skype leaves continental Europe. After Germany, Spain, Italy, Scandinavia and Poland, France is hit by the decision to close all their continental European subsidiaries. Even if the number of subscribers is always increasing (currently 171m), the business...

Optus (Australia) took the helm of a G9 consortium to build a fiber optic high-speed network in Australia, and informs ACCC (anti competition agency) of their plans. Telstra has a similar approach, but was not allowed to go ahead without opening the new...

Vodafone NZ announced a second MVNO deal in a week. Compass will use its network to offer mobile services (after Orcon, the other local MVNO: see above). Orange is launching mobile services in Guinea-Bissau (Africa). Coverage will be extended to a large...

Idea Cellular currently has 15m subscribers in India, while Spice Telecom has a 3m subscriber base. Vodacom (S. Africa) has increased by 28% its mobile subscriber base to over 30m. According to ROA group, Japan will increase its mobile penetration to...

OTE (Greece) reports a 8.8% growth rate in 1Q07 revenues to €1.5bn, and a net profit of €141m, up 28% . ONO (Spain) reported 1Q07 revenues of €402m, down 4%, EBITDA of €148m, up 13% and net loss of €13m.

Motorola plans to cut 4,000 jobs (in addition to 3,500 already announced), or 11% of its workforce, this year. The goal is to cut expenses by about $1bn. Iordanis Aivazis is appointed COO at OTE (Greece). Lothar Pauly , T-Systems executive, will leave...