Telcoflash: Telecom Market News

Photline Technologies (optic) has merged with AdLightec (electronics). Ekinops has designed an IC that encompasses all transport functionality in a single chip. Transmode launches its 4G CWDM / DWDM Multi-Service Muxponder (MS-MXP). ADC announced that...

ALU will deploy an optical networking system with intelligent control plane for Turk Telecom. It has been selected by the Beijing municipal government to deploy an optical transport network solution in Beijing (completion by August 2008). NSN is providing...

FT could cancel its offer on Teliasonera if the Scandinavian operator does not support a friendly approach or if financial markets remain opposed to the deal. Simultaneously, Teliasonera confirmed that Telenor is also interested in launching a takeover...

Hutchison Telecom will launch the iPhone in Hong Kong on July 11. Temasek/ STT (Singapore) has agreed to sell its entire stake in PT Indosat (Indonesia) to Qatar Telecom (Qtel) for $1.8bn. The deal is yet subject to Indonesia approval. Reliance (India)...

R.W. Baird raised its Verizon EPS estimate following the pending acquisition of Alltel, but lowered its estimates on AT&T following the introduction of iPhone 2 and related subsidization scheme implying lower earnings. It logically raised by 16% its price...

Ratel , the Serbian regulatory agency, has approved and certified ALU' s UMTS radio access equipment for deployment in Serbia. OFTEL (UK) postpones the wireless broadband spectrum auction, due to O2 and T-Mobile legal challenges. EU plan for a super regulator...

UTStarcom will cut 700 jobs and replace its current CEO Hong Liang Lu by Peter Blackmore . Vodacom CEO Alan Knott-Craig plans to step down in September. Vodafone CEO Arun Sarin will leave the company with a total package worth nearly $50m. It is huge,...

Is it the last mile? It is clear that China will not issue 3G licenses before the country' s telecom market is organized around three large telecom companies, each of them owning both fixed and mobile assets. That means merging the six state-owned carriers...

Verizon Wireless confirms it will buy Alltel for about $28bn, based on a net debt of $22bn and an equity purchase of $6bn. Alltel serves 13m mobile customers in 34 states, including 57 rural markets not served by VZ. The combined company will have some...

FT has made a friendly approach with a €27bn indicative offer on Teliasonera, made of a mix of stock and cash. FT would made a formal offer in the following two weeks according to Swedish government and Teliasonera reactions. FT will not make an hostile...