Telcoflash: Telecom Market News

Qualcomm will buy Firethorn for $210m. Firethorn enables mobile banking services (bank balances, fund transfer, payment,...). Verisign may offload its communications business, and then expand its core businesses. IBM bought Cognos for about $5bn. Cognos...

Dutch court dismisses Nokia complaint against Qualcomm over patent infringement. Nokia unveiled three new 3G handsets: the Nokia 8800 Arte and Nokia 8800 Sapphire Arte. It plans introducing in 2008 a pedestrian-friendly mapping system. Samsung announced...

NSN is providing KDN (Kenya Data Networks) with a fiber optic cable project In East Africa, and will upgrade China' s Hunan Telecom (a subsidiary of China Telecom) network capacity. ALU has been selected for the provision and integration of an IPTV solution...

Kodiak Networks has been selected by China Mobile Jiangsu for push-to-talk solution deployment. NSN will build Uzbekistan' s Coscom mobile network in the country, with a 2-year turnkey, $152m deal. It will supply Telenor with a pan-Scandinavia HSDPA upgrade....

Microsoft plans to buy Musiware from Openware. Musiware provides mobile music services. GSMA and Microsoft are jointly working to promote mobile broadband embedded PCs. Following a survey made by Pyramid Research, it appears that there is a "tremendous"...

Kenya Data Networks plans a $100m+ optical fiber cable project for linking the entire East Africa by next year. The cable will be linked to TEAMS (East Africa Marine Systems) undersea cable under completion. Vodafone has bought Irish fixed-line provider...

CTI Movil (Argentina) has launched 3G services in Argentina. America Movil under the treat of loosing its operating license in Ecuador for alleged violations of certain service requirements. It could also be a way to put pressure on the operator before...

CTI Movil had around 12m mobile users (34% market share) in Argentina, as of end-July 07. America Movil reports 143.4m mobile users at the end of Sept. in CALA. Conecel (America Movil in Ecuador) has 6.6m mobile subscribers. Telefonica Ecuador (Otecel)...

Bouygues Telecom (France) reports 9mo revenues of €3.5bn (+9%), of which €3.3bn in mobile business (+6%, in spite of 18% termination call tariff decline). But profitability and growth is far from others Bouygues businesses (basically a concrete maker)...

Cisco reported another record quarter with a net income up over 37% to $2.2bn in its first fiscal quarter, on strong sales of $9.6bn, up 17%. Routers and switches accounted for over half of total sales, with both segments growing respectively 18% and...