Telcoflash: Telecom Market News

Xtera (USA) announced today that it has closed on a $52m private placement. UTStarcom claims its IPTV system supports more than 310,k active subscribers in 19 commercial networks in China.

The Srishti School of Art, Design and Technology in Bangalore will help Nokia opening its first design studio in India. Comba Telecom Systems has announced the availability of its TD-SCDMA Remote Radio Unit (RRU) solution for China's 3G Market. Nokia...

ALU will provide an IP network for Deutsche Telekom subsidiary I.T.E.N.O.S. It has won a contract from Mongolian telecommunication services provider Mobicom to deploy a NGN network and expand existing wireless networks. Zhone technologies has been selected...

Ericsson has been awarded a contract extension to expand PT Indosat' s WCDMA/HSPA network coverage in greater Jakarta (Indonesia). It will also expand the GSM network of Personal in Paraguay. It has been contracted by PT Excelcomindo Pratama (Indonesia)...

Sunrise Telecom reports 2Q07 sales of $23m, up 5%, of which $10m in Broadband cable (+44%), $5m in fiber optics (down 27%) and $7.5m in wireline products (up 4%). BigBand posts 2Q07 net revenues of $ 55m, up 45%, earnings of $1.7m vs loss of $600k last...

BSNL (India) is preparing a new massive GSM tender. This comes just as BSNL slashes the size of the previous contract from 45m lines to 23m and that most of this deal will go to Ericsson. The move is obviously targeted to send price per line down, well...

Shanghai Unicom starts providing commercial mobile TV service in Shanghai. Volny (Czech Rep.) launches IPTV service in Prague and Brno. The South African government has announced plans to build a new submarine link project, run by Infraco. VSNL (India)...

PCCW (HK) rolls out its multi-function SIM card-only services. Portugal will auction new GSM mobile license in December. In spite of China Mobile denies, Terra Firma Capital Partners has initiated a $4.8bn bid for EMI on behalf of China Mobile. Verizon...

Bharti Airtel (India) reports almost 43m mobile subscribers at the end of June, with net additions in June of 5.5m and a market share of over 24%, up 3 points. There are only 7 mobile operators (on a national basis) in the world with over 50m mobile subscribers:...

Rogers (Canada) reports its 2Q07 net loss was $53m, vs a profit of $264m last year, on revenues of $2.4bn, up 16%. Its adjusted consolidated operating profit improved 20% to $848m. Qwest (USA) posts another good quarter. 2Q07 profits amounted to $246m,...