Telcoflash: Telecom Market News

FT changes its fiber strategy. After claiming that very high speed networks will not be its target in the next five years, FT announced it will invest up to €4.5bn to deploy its new fiber optic network across France to reach 4m customers by the end of...

China Mobile will set up 3G networks in eight cities and introduce HSPA for the Olympics Games in Beijing. Celtel (pan East-Africa operator) is expanding One Network, it's borderless mobile network, across Central Africa (Congo, Gabon, RDC). MTN Uganda...

Bouygues Telecom (France) reports 5% growth in 1Q07 revenue to €1.1bn while net earnings jumped 55% to €143m and EBITDA is up 18% to €360m.

Sergei Schebetov, Sistema Telecom CEO steps down. Hamid Akhavan is the new T-Systems CEO, as well as running T-Mobile. Qwest announced that Barry Allen, executive vice president of operations, will retire June 29. Xtellus has named Krishna Bala (ex Tellium)...

A few set of market information released this week: According to in-Stat, portable connectivity applications are driving the global Wi-Fi chipset market. Dual-mode cellular/Wi-Fi handsets segment is expected to reach 20% of the total chipset market in...

Palm will sell 25% stake in the company to private equity firm Elevation Partners for $325m. Ericsson bought over 55% stake in LHS (Germany) for about €310m to complement its billing and customer care offerings. Avaya has agreed to become private for...

Fujitsu has upgraded its Flashwave 9500 flagship MSPP product in Packet Optical Networking Platform (ONP).

18 companies to bid for China Mobile’s 3G handset tender in October 2007. Motorola introduces the 3G MOTORAZR maxx V3 i-mode handset in Hong Kong. Samsung has been selected to receive the WiMAX World Europe 2007 Award for its base station. HTC (Taiwan)...

Cisco will provide Tunisie Telecom with managed services for enterprise customers. Ericsson has signed a 5-year contract to provide network services for Dutch operator KPN. ALU has received an order from Chunghwa Telecom to build an island-wide fiber...

ZTE ZhongXing Telecom Pakistan and Huawei Technologies Pakistan have received orders from China Mobile Pakistan Limited (CMPak) for expanding its local GSM network (in addition to ALU and Ericsson) already mentioned in Telcoflash). Nokia will supply a...