Telcoflash: Telecom Market News

Tellabs reported 4Q06 net earnings of $29m, down 68%, on revenues of $455m, down 13%, of which $159m in Transport (down 10%), $249m in Broadband (-17%), and $47m in Services, up 7%. For the year, Tellabs reported revenues of $2bn, up 15%, and earnings...

For the first time, a plane, during a flight, and a GEO satellite have exchanged data via a laser beam. Realized by EADS Astrium, within the LOLA project, it is a remarkable prowess to send a beam of light between two vessels at very different speeds...

A few set of market information released this week: According to In-Stat, subscribers to IMS-based services are expected to grow from 10m in 2007 to over 500m by 2011. According to Celtel, Africa is seen as the next big emerging market for mobile with...

IBM may sell its printing business to Ricoh for $725m. IBM confirms its focus on software and services. In a separate announcement, IBM has extended its cross-partnership with Dassault Systems. IBM will sell various Dassault solutions. Siemens announced...

Stratex Networks agreed to combine its operations with Harris ' Microwave Communications division. The new company will be named Harris Stratex Networks. ZTE is reselling Ciena' s CoreDirector optical switch in China for about a year, and is named ZTE...

BenQ has selected Kineto UMA technology for its new dual-mode handsets. Samsung and LG are also relying on Kineto for UMA technology, while Nokia and Motorola have made their own solution. Huawei and Qualcomm have completed mobile TV MBMS technology trial....

UTStarcom has received new IPTV contracts from China Telecom in the Shanxi province. Kasenna is powering Jazztel's VOD services in Spain. Xtera has been selected by Faroese Telecom for deploying the world' s longest unreapeatered transmission link. Aperto...

Nokia has won a contract from the US Army to build a 3G WCDMA/HSDPA network. Amdocs has been selected by Indonesia' s Excelcom in a 5-year deal to deploy its 7 suite. Netopia has sold its NBBS Broadband ServerService Management TR-069 platform to O2...

LG Electronics posted 4Q06 sales of $5.9bn, down 11%, and $46m loss in operating profit. Revenues in its handset division was down 11% to $2.3bn while operating profit was down 70% to $63m. LG shipped 17m units (up 5%) in the quarter, of which 9m in CDMA,...

Vodafone, Reliance, Hinduja are left in the race for Hutchison Essar stake. Orascom and Altimo, however, still have indicated their interest in the race. Orascom said it is strong of a right of first refusal on the stake in HTIL (parent company of Hutch...