Telcoflash: Telecom Market News

Sony will add GPS functionality to its PSP device. It comes just few days after Skype offer VOIP to PSP users. LG targets the US handset market challenger position and set a goal of $13bn in sales in 2008. A la Mobile makes the first demonstration of...

Cisco has been selected by EDF (French Electricity utility) in Lyon (France) for its VOIP solution. 4000 extensions on 11 sites. It will provide ROADM technology to Oriental Cable Network (China). RAD Data will provide gateways for Ethernet over DSL to...

ALU has received a 5-year order from US Cellular to increase coverage and capacity of its CDMA network. It will provide Brasil Telecom Participações with the administration and maintenance of the operator's fixed and mobile telephony infrastructure and...

Samsung (S. Korea) announced 4Q07 profit is down 6.6%. 2007 net income was $7.9bn, down 6%, on sales of $67.6bn, up 7%. It sold 161m (+41%) mobile phone in 2007 and targets 200m units in 2008. 2007 telecom sales reached $21bn, up 7%, with an operating...

Global telecom services revenue reached $1500bn in 2006 (up 7.4%), but CAGR over the 2006-2011 period is poised to slow to 4.2%. The EU Commission targets to modify billing rules for abroad calls. Today, the billing system invoices on a minute base. Commissioner...

The Cloud (UK based) announced plans to purchase GlobalAirNet (Ganag), WiFi service provider in Germany. Tele2 Austria and 3 Austria are partnering for offering a package including mobile telephony, fixed telephony and broadband services. TPSA (Poland)...

Telefonica will cut by as much as 40% mobile data services when roaming. Consumers in Spain, the UK, Germany, the Czech Republic will benefit from the new tariff. Google updated its iPhone applications, allowing its users to switch between applications...

S. Korea: the subscriber base reached 43.5m with the service penetration of over 89%; there were 5.7m 3G users and 6.5m mobile TV users at the end of 2007. Kyvstar (Ukraine) reports 23.6m mobile subscribers at the end of 2007. Softbank (Japan) has a mobile...

Nokia will cut 2300 jobs and close its mobile phone factory in Bochum, Germany. In addition, its R&D unit in Germany for software adaptation will be sold to Sasken technologies. It will also sell its automotive business Sprint Nextel would cut several...

APAC mobile dominance (numbers at 3Q07-end) In the top 20 mobile networks by customers, 8 are located in APAC; 6 are coming from China and India and account for over 650m subscribers or 20% of the worldwide total. The 6 are located 2 in China (China Mobile...