Telcoflash: Telecom Market News

Kai Uwe-Ricke, has leaved DT' s CEO position and is replaced by René Obermann.

Siemens reported global solid results. In 3Q06, its FY 4Q, Siemens announced sales of almost €24bn, up 8%, orders up 4% to €22.6bn and group operating income from operations increased 35% to €640m. For its fiscal year, ended in Sept., Siemens reported...

Cisco reports its FY 1Q07 results, with sales of $8.2bn (+25%), and net income of $ 1.6bn (+27.5%). Cash flows from operations were $2.3bn, up 64%. CEO John Chambers was proud to announce: "Eight of our top 10 products [ranked by revenues] had order growth...

With Democrats taking control of the House of Representatives and the Senate, in US mid-term elections, it is natural that the telecom legislation and key committee memberships are impacted. First, Democrats are likely to want much stronger net-neutrality...

NTT announced a 12% drop in FY1H earnings to $2.5bn, while sales were flat at $44.6bn. Operating profit declined 9% to $5.9bn. Earnings were hit by lower income in fixed voice services, weaker earnings in DoCoMo due to increased costs of migrating customers...

Nortel announced 3Q06 revenues of $3bn, up 17%, and net loss of $99m, vs net loss of $136m last year. Mobility and Core networks revenues increased 2% to $1.54bn, Metro Ethernet revenues grew 18% to $430m; Enterprise solutions revenues improved 14% to...

EU Commissioner Viviane Reding again said current roaming charges were still too high, despite recent moves by phone companies to cut costs. On average, roaming costs are four times higher than national mobile calls. EU wants to cap roaming costs, starting...

Europe has launched the GAWAIN project with the target to to combine satellite positioning with 3G mobile phone technology on a single chip. Both positioning systems, GPS and Galileo, will be embedded in the chip, along with 3G technology. Tests are on...

A new step has been done in Europe with the largest ever BPL deployment project in Paris suburbs. More than 1.5m households are eligible for receiving BPL services, including voice over internet and broadband internet. The regional community syndicate...

DT announced 3Q06 results with net profit down 20% to €1.9bn, with revenues up 2.8% to €15.5bn, and EBITDA down 7% to €5.1bn. Bad results, in line with recent profit warning, were due to the loss of 500k landline connections in Germany for the second...