Telcoflash: Telecom Market News

Oracle reports strong results. FY4Q07 net profit was $1.6bn, up 23%, on revenues of $5.8bn, up 20%. FY net profit was $4.3bn, up 26%, on revenues of $ 18bn, up 25%. RIM posts strong results with earnings, in the quarter ended June 2, rising 73% to $223m,...

EU has ruled against mobile operators seeking to reclaim part of their 3G license as a value-added tax (VAT) rebate. EU will file a lawsuit against Germany later in June over the country's controversial telecoms legislation, which allows DT to close its...

Australia has assured all Australians that they would be able to access broadband in the near future. The Australian Broadband Guarantee would make sure that either the residents of Australia would get broadband services (99% of the population) or would...

In France, mobile number portability is a success with over 110,000 numbers were switching operators while retaining their phone number in one month. 3 UK plans to launch BREW handsets to offer highly-integrated, feature-rich applications. Telekom Malaysia...

Pakistan is one of the hottest mobile markets in the world. It has reached 58.4m (+50%) mobile subscribers in April 07. Brazil got a mobile subscriber base of 106.1 m in May, highlighting a continuous net additions slide from higher levels in 2004 and...

Oger Telecom (Dubai) reports 2006 earnings of $1.3bn, and EBITDA of $2.7bn and revenues of $5.8bn. Safaricom (Kenya) posted $259m in FY net earnings, up 40%. Indosat reports 1Q07 revenues of $416m, up 30%, and operating income of $114m, up 23%.

It was already known: FT plans to lay off some 22,000 workers by the end of 2008. According to La Tribune, the cost is estimated to about €2bn. 9600 jobs were scratched in 2006, 5900 jobs will be eliminated by the end of this year and another 5600 by...

Just to alert you that there will be no additional Telcoflash info between June 16 and June 27.

According to UBS, it is not urgent for China to grant 3G licenses and to reorganize the mobile industry. China Mobile is building TD-SCDMA trial networks in the cities where the 2008 Olympic Games are going to be held in, and it is the most critical path....

The Bluetooth Special Interest Group (SIG) has taken over the Wibree Forum, the alliance of ultra-low-power short-range wireless broadband technology, led by Nokia. The main interest for Wibree is of course to ensure interoperability, wide and fast adoption,...