Telcoflash: Telecom Market News

Cingular has launched UMTS/HSDPA services for businesses and consumers in its home town of Atlanta. Verizon Wireless has introduced a child-tracking service, called Chaperone, including a feature to set up virtual zones (geo-fences) for their children...

Venezuela could have 16m mobile users by the end of 2006. Telecom Egypt has about 10.6m mobile users. BSNL (India) has reached a total subscriber base of 18m at the end of May, or a market share of 24%. OTE (Greece) is on track to meet its target of 500,000...

MTS (Russia) reports 1Q06 net profit of $184m, down 21%, on revenues of $ 2.9bn, up 34%. ARPU was also down almost 30% to $6.2 a month.

Vodafone CEO, Arun Sarin, has received about £5m pay package in 2005, made of a salary increase of 7% to £1.25, shares worth £1.42 (up 24%), another share package worth £2.5m under conditions, 5.7m share options, and a £360k pension contribution, equivalent...

2 bn GSM subscriber base According to Global mobile Suppliers Association (GSA), the number of GSM subscriptions worldwide would surpass 2bn in June 2006. That means that one billion subscribers were enlisted in about 30 months, while the first billion...

S. Korea's IT 839 plan (update) IT 839 is S. Korea' s strategic growth plan to almost double its GNP and catch up with most advanced countries. The target is to reach a GNP per capita of $30k (from current $17k). Magic numbers of this plan are: 8 services:...

A few set of market information released this week: According to IDC, Worldwide broadband subscriptions will nearly double to reach 400m in 2010, from 205m at the end of 2005. According to Telecom Trends International, the HSDPA infra market would reach...

Ericsson sold its Defense business, Ericsson Microwave Systems AB, as well as its stake in Saab Ericsson Space, to Saab (Sweden) for €412m. Oracle is to buy Telephony@ Work, a CRM specialist.

It seems that the Nortel-Huawei JV to provide high-speed Internet solutions in key markets, did not materialize to the expectation of Nortel. Nortel CEO said that the joint venture “no longer made business sense”. Juniper Networks is demonstrating Generalized...

Nortel and RFS (Radio Frequency Systems ) collaborate on multi-beam 'smart' antenna solution for PCS 1900-MHz networks.