Telcoflash: Telecom Market News

Portugal Telecom announced that Henrique Granadeiro will be nominated as the company's new chairman and CEO at the next annual general meeting. Chris Gent, Vodafone, is to quit the honorary position of Life President. Optus Australia will cut 2% of its...

A few set of market information released this week: According to In-Stat, worldwide online music sales could grow from $1.5m in 2005 to $10.7m in 2010. iTunes is the most popular site used for online music purchases with a 53% market share. Pioneer Consulting...

Cisco announced the launch of enhancements to its SMB Select channel partner program to further the momentum with small and medium businesses (SMBs) across Europe. RIM has bought Ascendent Systems, a provider of enterprise voice mobility software. Ericsson...

Juniper Networks will transfer some of its manufacturing to China after business in the country increased 50% in 2005. Netcentrex is partnering with BEA Systems for FMC and IMS applications. NEC will introduce new optical infrastructure solutions at TelecomNEXT...

LG has secured the number two spot in US mobile phone market with about 17% market share and selling some 25m units in 2005. CDMA handsets account for 19m units and a 27%+ market share. LG targets an 80% jump in mobile phone sales to 6.3m units in Brazil...

Siemens announced a major broadband infrastructure order from DT for the new T-Com high speed broadband Internet network. ZTE won softswitch-based NGN network order in Hungary from Actel Limited . Transmode has deployed its TS-1100 C/DWDM optical transport...

Ericsson won Japan' s eAccess new 3G operator WCDMA/HSDPA network (core and radio) deployment. It gained a $55m expansion contract for Etisalat (UAE) GSM network. Huawei will deploy a CDMA EV-DO network, the first in Africa, for Starcomms Nigeria. Nortel...

Sonus reported 2005 revenues of $195m, up 14%, and net income of $8.4m, down 66%. BenQ (Taiwan) reported 4Q05 net loss of $185m (vs profit of $6m) on revenues of $2bn (+15%), of which 42% are made with mobile phone sales.

DT denied any intent to buy a stake in a media company (have a look at previous post at ....more.). SonaeCom (Portugal) is in talk with Telefonica and Telkom (S. Africa) for its proposed acquisition of Portugal Telecom. TDC (Denmark) has agreed to sell...

Telenor is offering flat rates for fixed line telephone calls to counter a consumer switch to mobile phones. China has granted the first VoIP service operation license (for a trial network) while other operators will be able to apply for the license by...