Telcoflash: Telecom Market News

Spain added 516k new mobile subscribers in March, bringing its total to 47.5m. Nextel International (NII) targets 43m PTT users in LATAM. Bharti Airtel (India) added 5.3m mobile subscribers in 1Q07, to a total of 37.1m. Claro (Brazil) reported 24.6m mobile...

Bharti Airtel (India) posts 1Q07 net profit of $331m, up 100%, on revenues of $1.3bn, up 58% Oi , formerly called Telemar (Brazil) reported 1Q07 net profit of $169m, up 136%, on revenues of $3bn, up 5% (of which $2.5bn in wireline and $0.5bn in mobile)....

Peter Bamford, ex Vodafone CEO, becomes chairman of Benefon (Finland). David Drinkwater is appointed as interim CFO at Nortel , as Peter Currie has resigned.

France Telecom said its 1Q07 revenues were €12.8bn, up 1.8%. Results are slightly better than expected by analysts. Gross margin grew 2 points to 36%+ (or €4.7bn), fixed-line revenues are stable for the first time in several quarters, and execution is...

Ericsson delivered pretty good results for the 1Q07 quarter. Revenues were up 8% to €4.8bn, operating expenses grew only 3%, and net income jumped 27% to €663m. Revenue split is as follows: Networks: €3.3bn (17% of operating margin); Professional services...

The mobile industry has finally united to develop a plan to increase the functionality and features of mobile phones. Consumers would be able to use their mobile phones as a wallet, a ticket or a payment device at point of sale, by just entering a PIN...

According to agency Standard & Poor's, European telcos continue to suffer in domestic fixed-line operations. Driven by mobile substitution and fierce competition, the key incumbent fixed-line revenues decline by about 5% in 2006. As broadband services...

A few set of market information released this week: In-Stat found that 120m broadband CPE devices were shipped in 2006, up 20%, led by shipments in the cable modem segment. Another In-Stat study said that the WiMAX chipset market (300k units in 2006)...

NEC has licensed its U.S. digital microwave radio patents to Microwave Networks. Siemens has selected Colubris to equip Paris ' CDG airport new automated metro line with WiFi. ALU and LHS unveil prepaid and postpaid convergent billing system. Motorola...

ALU has completed the installation of the Atlas Offshore submarine cable system linking Morocco to France. ALU and NEC won the Asia America Gateway (AAG) submarine system contract (20,000km long between USA and Asia). ALUhas been selected by Kordia (pan-Asian...