Telcoflash: Telecom Market News

Fujitsu has been awarded a huge $1.5bn order from Flag Telecom (Reliance) to upgrade its undersea network. The projected link, between France and India and HK, is expected to be completed by 2009-10. Fujitsu will install its Flashwave optical networking...

ZTE has signed a GSM network contract with Pakistan telecom firm CMPak (an affiliate of China Mobile). It also signed an expansion CDMA network contract with Telkom Indonesia. It will provide low-cost handsets to Safaricom (Kenya). Huawei won a contract...

Sycamore reports disappointing sales numbers and wider loss. FY4Q07 net loss amounted to $6m (+100%) on revenues of $38m (up 140%, but short of $46m expected by analysts). For FY07, revenues were $156m and loss was $13m.

DT is planning to be active in the consolidation of the European telecoms sector that has too much operators (about 70) and is too fragmented. Telefonica would invest €8bn in capex this year. This only 14% of the annual revenues. MetroPCS (USA) proposes...

Free/ Iliad (France) launches very high speed access in two districts of Paris. Customers will be connected at 100 Mbit/s with a fiber optic FTTH triple play access for a cost of €30 a month. MTNL (India) has begun selling VOIP services. India has successfully...

Telefonica reiterates interest in remaining 50% Vivo stake. Hong Kong plans fifth 3G (cdma 2000) 3G license in 4Q07. Shenzhen Airlines (China) has announced plans to allow mobile phone calls during flights using OnAir technology. Teliasonera (Finland)...

BT (UK) passes 4m broadband Internet customer, and reached 26% UK market share. India: according to COAI, India may add 10m mobile phone subscribers a month before the end of 2007 (including CDMA WLL lines). Yoigo (Spain) has reached a client base of...

Free (France) announced 1H07 revenues of € 574m, up 30%, and a net income of €79m, up 35%.

SeaChange cuts 30 employees in 2Q07. Tope Lawani, director at the Board of Millicom International, has resigned. Miles Flint, CEO of Sony Ericsson, surprisingly resigned. Hideki Komiyama will replace him. Helio (USA) plans to cut about 100 positions or...

This week, Nokia did not only unveiled new handset models, most of them focused on music, games and entertainment. It is not really new and just highlights what consumers are looking at. Simple phones are obsolete. With these models, Nokia tries to counteract...