Telcoflash: Telecom Market News

Siemens is embarassed with news that half a dozen Siemens employees, in its fixed line networks business, should have divert funds in order to bribe potential customers. Several were arrested. Motorola is opening a R&D center in S. Korea to develop technologies...

RAD Data has opened R&D facility in Beijing (China), dedicated to passive optical network technology. Avanex and Bookham, two long-struggling optical components firms, are believed to intend merging. Could be a good thing for both!

HP and Flextronics announce 5-year deal to improve quality of images in cell camera phones. Ericsson has introduced a new product, the Home 3G Access Point, providing local indoor coverage in households and SME offices, and supporting HSPA speeds. Lucent...

Lucent and World Wild Packet have been selected by Sierre-Energie, a power utility and communications service provider in Switzerland, to deploy Ethernet gear over its FTTH network to deploy IPTV services. Alcatel will deploy its latest high-end router...

Ericsson will expand Thai AIS GSM/EDGE network in Bangkok for $110m. It will manage the operations of Telkomsel's multivendor 3G/WCDMA network. Nokia has garnered a Push to talk over Cellular (PoC) contract with Mobitel Slovenia. ZTE will build a multi-media...

Comverse Technology crosses rough months. After stock-option accounting issues, other financial misstatements and errors have been discovered by a special committee formed to investigate. As a result, stock sank 14%. UTStarcom has received a notice from...

Providence Equity Partners, Etisalat, and Turkcell are said to be still running to buy TIM Hellas (Greece). Teliasonera has acquired Cygate, a leading supplier of secure and managed IP network solutions. Temasek (Singapore) is said to be interested in...

Suntel (Sri Lanka) plans to invest $33m in 2007 to expand its network. TPSA (Poland) plans launching fixed-mobile convergence (FMC) service trial at the end of this month. TPSA is affiliate to FT. VTR and Telmex Chile were granted Wireless Local Loop...

In Mexico, Cofetel ordered the four operators to implement SMS exchange and interconnection. Nextel and Telcel have proceeded last week to their interconnect SMS services. DoCoMo said it will cut capex on network upgrades next year to less than $7bn....

Meteor Mobile (Ireland) claims having 16% if Irish mobile market with 750k users. Tele Norte Celular (Brazil) recorded 1.3m mobile subscribers in the quarter. UMC (Ukraine) reached 16.9m mobile subscribers, as of November 1. Portugal reports 1.6m internet...