Telcoflash: Telecom Market News

Optus (Australia) took the helm of a G9 consortium to build a fiber optic high-speed network in Australia, and informs ACCC (anti competition agency) of their plans. Telstra has a similar approach, but was not allowed to go ahead without opening the new...

Vodafone NZ announced a second MVNO deal in a week. Compass will use its network to offer mobile services (after Orcon, the other local MVNO: see above). Orange is launching mobile services in Guinea-Bissau (Africa). Coverage will be extended to a large...

Idea Cellular currently has 15m subscribers in India, while Spice Telecom has a 3m subscriber base. Vodacom (S. Africa) has increased by 28% its mobile subscriber base to over 30m. According to ROA group, Japan will increase its mobile penetration to...

OTE (Greece) reports a 8.8% growth rate in 1Q07 revenues to €1.5bn, and a net profit of €141m, up 28% . ONO (Spain) reported 1Q07 revenues of €402m, down 4%, EBITDA of €148m, up 13% and net loss of €13m.

Motorola plans to cut 4,000 jobs (in addition to 3,500 already announced), or 11% of its workforce, this year. The goal is to cut expenses by about $1bn. Iordanis Aivazis is appointed COO at OTE (Greece). Lothar Pauly , T-Systems executive, will leave...

Vodafone released its fiscal year results. FY07 net profit narrowed to €8bn (from €32bn last year), operating profit rose slightly to €14bn and revenues of €46bn, up 6%. EBITDA rose 1% to €17. 7bn. Globally, the results are not too bad; so the stock jumped...

A few set of market information released this week: According to GFK, the French mobile handset market reveals trends for 2007: slim, flashy colors (pink, white, ..), co-branded with a fashion brand, multimedia features (music, mp3, video, high storage,..),...

Ericsson is building a new Global Service delivery center in Bucarest, Romania. Fujitsu is launching an hostile bid on GFI, a French software house, for €419m (+22% premium). Safran plans to split its Sagem Comm. Division into two units, one focused on...

Avaya should be for sale. Nortel, Cisco and an equity fund (Silver Lake Partners) are said in talks with the company. Without debt, and generating high cash-flow and profit, Avaya is an interesting prey, and there is plenty of appetite in the industry...

Nokia China plans to sell 3G TD-SCDMA handsets in China in 1H08. It has finished building its new China Headquarters in Beijing- Yizhuang for about $458m (including a R&D center and a manufacturing plant. Nokia Taiwan has a local market share of about...