Telcoflash: Telecom Market News

Nortel getting worse? After restating financials once again, its CEO said that Nortel has decided to exit, sell or create a partnership in three or four areas of its business in the near future. Nortel has decided to focus development efforts only on...

Comverse will pay $164m for VoIP application house Netcentrex. Samsung introduced its WiMAX-based IP-based Multimedia Subsystem (IMS) solution. Cisco launched a new Application Control Engine (ACE) for the Catalyst 6500 line. Fujitsu has opened a new...

Nokia and Cisco' s Linksys are teaming to introduce a new bundled product, including the Nokia 770 internet Tablet and Linksys router/ gateway. NEC had injected $225m into its Chinese wholly owned mobile subsidiary in Wuhan to revive its loss-making mobile...

Cisco is deploying another wireless mesh network for a local government authority in the north of Brazil, after a similar mesh network in the city of Tiradentes. Ciena' s CN4200 DWDM platform has been certified by Cox Comms for deployment in its networks....

Ericsson will upgrade 3 Scandinavia network to HSDPA with speed up to 3.6 Mbit/s. Nokia said it has more than 20 HSDPA contracts globally. NEC/ Siemens will upgrade 3HK 3G network to HSDPA.

Aperto Networks raised $26m in its latest round of financing. ZTE reported 2005 revenues of $2.7bn (+1.7%) with net profit of $159m (+1.2%). RIM reported FY4Q06 revenues of $561m (+39%) and a net profit of $18m. Nokia announced a surprising rise of its...

Telefonica won the auction for a 51% stake in state-owned operator Colombia Telecom with a bid of $348m. Mobile -only operators are set to enter the fixed-broadband market in Europe and probably deploy their own DSL infrastructure. NZ Telecom will merge...

FT has 2m of Livebox users (triple play offer), and will continue to offer innovative services, such as High Quality VOIP, or VOIP unified messaging, answering to vocal messaging with SMS or e-mail, etc. iPass has signed a roaming deal with UK' s The...

Sprint Nextel plans to invest some $7bn this year to improve its network. Its 1X EV-DO Revision A upgrades will allow it to offer enhanced services by the first quarter of 2007. BSNL (India) will invest some $3.6bn in the current fiscal year that began...

Colombia Telecom has 3m fixed-line users in Colombia and 4,000 km of fiber-optic network. Japan has 91.8m mobile subscribers out of 128m population. FT has 2m of Livebox users (triple play offer). The telephony penetration rate in Morocco reached 45.8%...