Telcoflash: Telecom Market News

India and Sri Lanka will build a 30-km long submarine cable link between the two countries. BSNL and Sri Lanka Telecom (SLT) will fund 50:50 the system. The commissioning date is scheduled for early in 2Q06. South Korea: following the SK Telecom and Hanaro...

Telmex has launched a NGN network in Chile, and is trying to get a WLL license. In addition, Telmex mobile arm, America Movil has bought Smartcom, a Chilean small mobile operator. BT sells its about 7% stake in LG Telecom (South Korea). Saudi Arabia is...

Nokia raised its 3Q05 forecast. Sales should grow to € 8.4+bn (+6%), and earnings should grow 5% on previous forecasts.

Siemens has landed a 3G/W-CDMA deal with Tele2 in Latvia. The contract includes the expansion of existing GSM network, the introduction of circuit and packet core network elements as well as building a complete 3G/W-CDMA radio network in the country....

Alcatel has received a $28m order from Turk Telecom for the design, deployment and management of an IP/MPLS-based data backbone network.

Nortel has demonstrated triple-play technology over a single CDMA EV-DO Revision A connection. Nokia has opened its sixth global distribution hub in Dubai, focusing on mobile networks. It will launch its new Nokia Business Center, which delivers business...

Marconi and Airspan will jointly deploy three WiMAX trial networks in Italy's Piedmont and Sicily regions. Alcatel has signed a contract with Elisa (Finland) for an IP service routing solution to power its next-generation, IP/MPLS network. Motorola prepares...

Samsung announced a 16 Gbits Flash memory chip to be manufactured from 2007 onwards. Oracle is launching a friendly takeover bid on Siebel for about $ 6bn. Ebay has swallowed Skype for $2.6bn, half in cash and half in stock, plus an additional $1.5bn...

According to In-Stat, APAC (Asia- Pacific) could become the largest mobile market in revenues terms. By 2009, APAC mobile telecom revenues could reach over $260bn, from $180m in 2004. The Yankee Group has found that in the US, wireless subscribers and...

LATAM mobile survey: according to 3GSM Americas, the LATAM region customer base grew to 98m in August 05, or a 43% market share, up 4 points. CDMA users account for 25% market share, stable. GSM is growing three times faster than CDMA, gaining most of...