Network

warning: Creating default object from empty value in /home/telenow/public_html/modules/taxonomy/taxonomy.pages.inc on line 34.

Russia’s Mobile TeleSystems drives for network efficiency with landmark network operations outsourcing deal

Signs with Nokia Siemens Networks for the country’s first full operation and maintenance managed services contract

Cisco feeling the heat from Huawei in router business

Huawei is increasingly competing with Cisco in the router business. Huawei is aggressively expanding its router business. Link to the full story is below:

http://www.trefis.com/articles/14958/huawei-can-put-pressure-on-ciscos-r...

Juniper Networks acquires Ankeena Networks

The Motley Fool reports that in less than a $100M deal Juniper Networks acquires Ankeena Networks. Link to full story is below:

http://www.fool.com/investing/general/2010/04/12/juniper-adds-to-its-ars...

ZTE 2009, revenue increase 36.08%, Net profit increases 48.06%

ZTE announced its FY2009 results. Followin are the highlights:

Based on HKFRS, ZTE recorded a revenue of approximately USD8,820.7million in 2009, representing an increase of 36.08% against 2008. Net profit was USD359.7 million, representing an increase of 48.06% against 2008. Basic earnings per share were USD0.21. In 2009, net cash flow from operating activities per share was USD0.28.

CAT to take over Hutchison CDMA business

Thai state owned company CAT will take over CDMA business of Hutchison as reported by Reuters India. Full story is below:

http://in.reuters.com/article/rbssTechMediaTelecomNews/idINSGE63603W2010...

MIIT Announces February 2010 Telecom Statistics

China's Ministry of Industry and Information Technology (MIIT) has released its February 2010 telecom industry statistics. The figures for the month were as follows:

Telecom operating revenues were RMB 69.6 bln (USD 10.2 bln), bringing the cumulative year-to-date total to RMB 140.6 bln (USD 20.6 bln), up 6.0% over the same 2-month period of 2009. Core services accounted for RMB 133.2 bln of the cumulative total, up 5.0% YoY.

Ericsson scores trio of international deals

Telecom infrastructure giant Ericsson said it has signed a $1.3 billion contract with Indian operator Bharti Airtel to expand and upgrade the carrier’s wireless network in 15 telecom circles in India.

U.K. Regulator Calls for Cut in Mobile-Phone Charge

U.K. communications regulator Ofcom on Thursday proposed new caps on the price mobile operators can charge to transfer calls from other networks, meaning lower revenue for the major mobile firms but potentially improved deals for customers.

Ofcom proposed that mobile termination rates—the wholesale charges that operators make to connect calls to each others' networks—fall from around 4.3 pence (6.5 U.S. cents) a minute to 0.5 pence a minute by March 2015.

Huawei slips past Alcatel-Lucent to No. 2

Huawei Technologies Ltd. looks to have captured the No. 2 spot worldwide amongst wireless telecom vendors more than doubling its profits in 2009 to $2.7 billion compared with $1.15 billion posted in 2008, and revenues increasing from $18.3 billion in 2008 to $21.8 billion in 2009.

The results pushed the company past Ericsson ($1.6 billion) as the most profitable telecom vendor and past Alcatel-Lucent ($20.4 billion) into the No. 2 spot in total sales. Ericsson posted $29 billion in sales in 2009.

Chunghwa Telecom to spend NT$30 billion this year

Chunghwa Telecom, Taiwan's largest telecom operator, will have capital expenditure of over NT$30 billion this year, an increase of 20 percent from last year, the firm's chairman Lu Shueh-chin said, yesterday. Lu made the remarks during the firm's investors' conference in Taipei.

About 50 percent of the spending will be on fiber optics, while 40 percent on mobile and submarine cable operations, he said.

The company also announced a plan to reduce capital by 20 percent. Chunghwa has held a capital reduction program for four years in a row.

Telecom Infrastructure Services Market Declined to $70 Billion in 2009

Global suppliers of services for telecom operators saw revenue decline nearly $4 billion, or 5%, from 2008 to 2009, as a global slowdown in new network equipment investments led to a marked decrease in deployment-related services.

Ericsson Wins USD1.8bn Orders from China Telecom Carriers

Ericsson announced on March 29, 2010 that it inked USD 1.8 billion worth of network construction and maintenance framework agreements with China Mobile Ltd. (SEHK: 0941 and NYSE: CHL) and China Unicom (Hong Kong) Limited (NYSE: CHU, SEHK: 0762 and SHSE: 600050).

The world-leading telecommunications equipment provider will execute the two agreements within 2010.

Airtel may take 2 years to turn Zain Africa profitable

The entry of India’s largest service provider Bharti Airtel in the African mobile market is likely to be marked with a number of challenges. Analysts say Bharti may take 15-24 months to turn around the loss-making operations of Zain Africa, apart from tackling the regulatory hurdles that may come across while operating in the African countries.
-- Business Standard

Due diligence on Zain assets over, says Bharti

India’s biggest telecom services provider Bharti Airtel Ltd said on Thursday that it had completed due diligence on the African assets of Kuwait-based Mobile Telecommunications Co. KSC, better known as Zain.

“Bharti is now working with Zain towards finalizing the definitive agreements, which will address all key terms and findings arising out of the due diligence,” Bharti Airtel said in a statement. “Definitive agreements are expected to be signed soon. Upon signing, the parties will move towards obtaining any required approvals.”

Tata Quippo to sell 10 percent for Rs. 1500 crore

Tata-Quippo, the world’s largest independent tower firm, is looking at bringing a financial partner into the firm. The financial partner will get around 10 percent in the Tata-Quippo combine for around Rs 1,500 crore, Sunil Kanoria, MD of Quippo, said while adding that the deal will be completed within the next two months. In an interaction, Kanoria also said that the tower company Quippo-WTTIL (Wireless TT Info Services) was looking at listing on the bourses within a year.

Syndicate content