Telcoflash: Telecom Market News

Verizon and Yahoo! will offer, free of charge, co-branded broadband offering to subscribers to Online's DSL and new fiber-based FiOS services. BT and Qwest have signed a wholesale interconnection agreement to exchange international voice phone traffic....

VSNL ( India ) plans to bid for a 26% stake in Pakistan Telecom (PTLC), for about $ 750m. Comcast set to announce launch of Internet telephony over cable in 20 markets. Sprint has signed network agreements with Reliance Infocomm ( India ) to serve the...

T-Systems plans expansion for IT services in gaining outsourcing deals with big international groups. DT targets to double its DSL market share in Spain to 12%, through its local unit Ya.com. Ya. com will offer voice and DSL services. SBC and 2wire will...

Softbank has made an offer to buy TU-KA mobile units of KDDI, Japan , as an alternative to the failure getting a 3G Japanese license. Telefonica plans to invest 9bn in fixed-line broadband Internet connections over next three years. Telefonica is targeting...

Etisalat is expected to open a mobile service in Tanzania , a fixed-line service in Sudan , after opening a mobile service in Saudi Arabia . Etisalat could also acquire fixed-line and GSM licenses elsewhere in Africa and Asia .

China Telecom has signed a deal with Lenovo , China 's top PC maker, to provide joint broadband network solutions. The Swedish telecommunications regulator, PTS, has invited mobile operators to apply for a national license for digital mobile telephony...

Sony-Ericsson achieved 4Q04 sales of 2bnb (+40%) with net profit of 55m (+28%). Sony Ericsson shipped 12.6m phones (+56%) in the quarter. 2004 sales totaled 6.5bn (+38%) and net profit was 316m. Samsung Telecom posted $4.1bn in sales in 4Q04, with $143m...

Sagem achieved sales worth about 3.6bn (up 12%), of which 2/3 in communications, and with margin at between 5% and 6%. Nortel finally reported 2003, 2002 and 2001 results. 2003 profits were $ 434m (rather than $ 732m previously announced), while revenues...

Huawei achieved sales worth about $4.8bn in 2004, including $2 bn in export sales. UTStarcom lowered its fourth-quarter earnings and revenue guidance, and now expects a loss of 40 cents to 45 cents a share,

Ericsson has inked a T-Mobile International contract to supply and replace 10,000 of T-Mobile's existing GSM radio base stations by latest GSM/GPRS devices. It will deploy for Pannon GSM ( Hungary ) the first phase of its 3G mobile network, and will rollout...