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Sprint Nextel posted 3Q06 net income down 52% to $247m on revenues of $10.5bn, up 35%. Mobile revenues increased 47% to $9.1bn, while long distance revenues fell 6% to $1.6bn. The quarter was marked by poor subscriber numbers ( addition of 233k new users...

Vodafone Italy will launch a new service enabling customers to receive all calls made to the fixed number of their choice on up to two mobile phone while they are at home. The calling party will pay the normal landline rates, the call will be answered...

Indian mobile market continues to perform well and overtakes all estimations. Now, it is estimated that India could have 200m subscribers in 10/07 and probably 300m in 04/08 instead of 2010. As a consequence the mobile networks will have to follow the...

According to one analyst, George Notter of Jefferies & Co, ATT should decelerate capex spend in 4Q06, after having invested faster than expected on its fiber-based Project Lightspeed project. ATT denied and said it has spent up to now $6.2bn this year...

VCs attracted by Mobile According to Rutberg & Co,almost 40% of venture capital funding in September was directed towards start-ups focused on mobile products and services. $313m was raised in the month, of which $153m were supplied to mobile content...

Alcatel announced a 42% drop in 3Q06 earnings to €155, on revenues slightly up 1.4% to €3.3bn. Despite disappointment with results, Alcatel shares jumped 5%+ to above €10 in Paris trading. Weak results were driven by poor results in mobile business, both...

Lucent reported its final 2006 fiscal quarter with revenues of $2.6bn, up 5%, and net income of $371m, flat. Mobile deployments in NA and IMS have driven the performance. Gross margin in 3Q06 was a good 44%, but down 2 points yoy. Lucent had $3.4bn in...

Fujitsu reports FY1H06 net revenues of $20bn, up 8%, with growth drawn by overseas sales increasing by over 25% in the period. Operating income grew 6.4% to $429m and net income was $126m, almost doubling over the period. The Technology Solutions segment...

Infonetics Research found that Metro Ethernet equipment sales should triple to $15bn in 2009, from $5bn in 2005. Ethernet would account for an increasing portion of metro capex in coming years. Carrier Ethernet switches and routers sales should double...

Ericsson posted 17% rise in 3Q06 net profit to $839m on revenues of $5.6bn, up 12%. Revenues in the mobile division rose 5% to $3.8bn, while sales at professional services jumped 31% to $1.1bn. Gross margin decreased 3.5 points sequentially and 7.6 points...