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KT will change charge from 10 sec to 1 sec

South Korea's KT will change its charge unit from 10 sec to 1 sec reports Total Telecom. Link to full story below:

Korea's smart phone market is taking off due to apple but not the e-book market

asia.cnet reports that Korea has seen an uptake in the smart phone market primarily due to apple iphone which has been launched exclusively by Korea Telecom. Government has although banned iPad which is having a negative impact on the e-book market. Link to full story below:

Advisor to the prime minister Pakistan lauds China for telecom upliftment

Sardar Muhammad Latif Khan Khosa the advisor to the pakistan prime minister for information technology lauded China's effort for the upliftment of telecom sector in pakistan, reports, daily times. Link to full story below:


Ericsson Acquisition of Nortel's stake of the joint venture LG-Nortel

Strengthened ability to serve the Korean market and reach new customers
· Second largest installed base with all leading Korean operators
· Purchase price is USD 242 million on a cash and debt free basis
· New name of the joint venture will be LG-Ericsson
Ericsson (NASDAQ:ERIC) has today entered into a share purchase agreement to acquire Nortel's majority shareholding (50%+1 share) in LG-Nortel, the joint venture of LG Electronics and Nortel Networks. The transaction is subject to customary regulatory approvals.

NSN and Chungwa Telecom collaborate in Taiwan for FDD-LTE trial

NSN and Chungwa Telecom are collaborating in Taiwan for FDD-LTE trial for development of next generation broadband as reported by easyBourse. Link to full story is below


Wateen Telecom in Pakistan goes public

Wateen goes public with following issue details:

Present Issue consist of 110,000,000 ordinary shares of PKR 10 each (20.85% of the enhanced paid up capital of PKR 5,274,746,200) with a Greenshoe option of up to additional 90,000,000 ordinary shares (14.58% of the enhanced paid up capital of PKR 6,174,746,200) in case of over-subscription at an Issue price of PKR 10/- per

IPO details can be found below:


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:


KT and France Telecom come together to provide digital home services in Korea

IPTV News reported that KT and France Telecom have signed a preliminary agreement to jointly develop digital home services in Korea

France Telecom will provide expertise in software technology from the SoftAtHome initiative (formed by Orange, Thomson and Sagem) to KT.
-The key features are use of PC Web browsers and content on IPTV services
-Enable the free and easy exchange of content from PCs, phones and smartphones with wired and wireless networks

Full story is below:


China mobile will invest $300M in Pakistan

China mobile will invest $300M in pakistan primarily to expand its infrastructure. Pakistan has a cellular mobile density of ~58% and has ~95M subscribers. Full story below:


Top 10 US listed Chinese telecom equipment stocks April 2010

China analyst rates following stocks as the top 10 US listed chinese stocks as at April 04 2010.
Aruba Networks, Inc. (NASDAQ:ARUN)
Comtech Telecomm. Corp. (NASDAQ:CMTL)
EXFO Electro-Optical Engineering (USA) (NASDAQ:EXFO)
Palm, Inc. (NASDAQ:PALM)
Oplink Communications, Inc (NASDAQ:OPLK)
Riverbed Technology, Inc. (NASDAQ:RVBD)
Alvarion Ltd. (USA) (NASDAQ:ALVR)
EMS Technologies, Inc. (NASDAQ:ELMG)
InterDigital, Inc. (NASDAQ:IDCC)

Full story is below:

Wateen telecom in pakistan to go public

SECP has approved the Initial Public Offering of Wateen Telecom Limited. The IPO will be one of the biggest in Pakistan with a size of ~2 B rupees.

Full story as published in Daily time below:


HTC is expecting to sell 1M smartphones in Taiwan in 3 to 4 months

HTC is expecting to sell 1M smartphones in Taiwan in 3 to 4 months

In Taiwan, the HTC Smart will be sold exclusively by Chunghwa Telecom Co. Read the full story here:


Nokia wins China deals worth more than $2 bln

The world's top mobile phone maker Nokia said Thursday it had renewed cell phone contracts worth more than two billion dollars with two distributors in China, one of its key markets.

"China PTAC is expected to purchase mobile devices valued at more than one billion dollars (741 million euros) from Nokia in 2010," the Finland-based company said in a statement, adding it had also renewed a similar agreement with Telling Telecom Holding.

"Telling is expected to purchase mobile devices valued at more than one billion dollars from Nokia in 2010," Nokia said.

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.

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.

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