Telcoflash: Telecom Market News

Africa Telecommunication and ICT Conference. 13-17/05 2006 Nairobi, Kenia www.nepadcouncil.org ICIN2006 Advance Programme 29/05-1/06 Bordeaux (France) www.icin-conference.com and icin2006@adera.fr CommunicAsia 2006 & BroadcastAsia 20-23/06 Singapore www.communicasia.com...

Verizon reported a profit of $1.6bn, down 12%, on revenues of $22.7bn, up 3% proforma and +25% as reported. Verizon Wireless accounted for $8.8bn in sales (up 19%), and added 1.7m mobile subscribers in the quarter to a total of 53m. Verizon Wireless is...

A few set of market information released this week: According to Analysys, Chinese telecom operators are forecast to invest some $25.7bn in capex this year, down 1%. According to the Semiconductor Industry Association (SIA), worldwide sales of semiconductors...

Nokia said that The Capital Group Companies have exceeded 5% of its share capital. IBM bought BuildForge to consolidate its Rational offer. HP does not see its networking unit ProCurve as strategic and is rumored to seek selling it.

Alcatel and Thales signed a strategic alliance, allowing Alcatel Government Systems (AGS) to resell the Thales' Datacryptor product line. The alliance will primarily focus on the DoD and civilian agencies for the U.S. Government, and will be embedded...

Motorola has patented small electric shocks for alerts in mobile phones, replacing current vibrating alerts. It has announced that it will buy BenQ' s R&D Centers and product development team in Aalborg, Denmark Qualcomm has signed a deal with SOMA Networks,...

Nortel is providing Golden Telecom (Russia) with about 5,000 WiFi access points in Moscow. It will provide SMART (Philippines) with a carrier-grade wireless VoIP services solution. Lucent has been selected by U.S. Bancorp to deploy an advanced optical...

Sierra Wireless will deliver 3G HSDPA cards to Swisscom Mobile. Huawei has signed a contract to supply 3G mobile equipment to Tacom, a Tajik subsidiary of Russia' s VimpelCom.

Axalto announced a decrease of 11% for its 1Q06 revenues to $210m. Atos Origin reports lower than expected results. 1Q06 sales amounted to €1.3bn, down 1%, Nortel finally released 4Q05 results. Revenues were $3bn, up 19%, while it reported a net loss...

Vonage plans to raise nearly $600m from an IPO, the double amount it was previously aiming to raise. Yell Directories has bought 60% of Telefonica Publicidad e Informacion (TPI) for $3.1bn. California has approved a plan to trial BPL (broadband-over-power-line)...