Telcoflash: Telecom Market News

Carl Icahn lost its bid for a seat at the Motorola board. It will, however, retains its 2.9% stake in the company.

OpVista, a ROADM maker, has secured $15m in a new roand of funding led by ComVentures, while Cyan has received $8m funding. Texas Instruments has introduced the Puma 5, a cable modem chipset based on Docsis 3.0, allowing speeds of 100 Mbit/s. Cable operators...

Lenovo will use Qualcomm' s 3G W-CDMA licence and technology for its products. Nokia is planning to ramp up the capacity of its Chennai factory in India. Sony Ericsson announced a new generation (5th) of P-series smartphone, the P1, based on Symbian OS....

Redback (Ericsson) has been selected by New World Telecommunications (HK) to power its next-generation consumer and business services. ECI Telecom reports the order from TelicPhil (Philippines) for the expansion of its national digital transmission network....

ZTE has signed a deal with Econet (Zimbabwe) to deploy base stations.

Sonus Networks said its 1Q07 revenues amounted to $71m, up 18%, while non-GAAP net income went down qoq largely due to the costs associated with the voluntary stock option review. Cisco announced solid FY3Q07 results. Net income went at $1.9bn (+36%),...

DT is planning to raise €3bn from the sale of assets nover the next three years, of which €1bn this year including the sale of Club Internet in France. It plans to sell its Spanish unit Ya.com, T-Systems Media and Broadcasting unit and radio towers. Microsoft...

Telmex has received approval to laubch its triple-play services in Mexico from 1Q08. Vodafone and Orange are likely bidding for Ya.com, the Spanish DT unit. Ya.com is the fourth Spanish ISP with about 400k customers. According to NZ Telecom, $1.5bn investment...

mig33, a mobile social networking startup, received $10m in a first round of funding led by Accel Partners and Redpoint Ventures. Frengo, another mobile social networking startup, received $5.7m in a round led by The Trilogy Partnership. China Unicom...

DoCoMo' subscribers to its flat-rate data communications billing plans "pake-hodai" and "pake-hodai full" were 10m at the end of April. E-Plus (Germany) had 13.1m mobile customers, up 15%, at the end of March. PLDT 5philippines) had 26m mobile subscribers...