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"The global mobile market presently has a size of 2 billion people. The third billion will come from Asia. Asia will be an overwhelming mobile growth story, with China and India taking the lead," says Ernst Global Telecom Markets leader Marc Chaya ... "Telecom companies have been experiencing great growth across Asia, but the competitive market has really driven down call charges. Operators have been able to find ways to earn profits, despite the low average revenue per user," explained Vincent... (The Star Online, Malaysia)
Will PM take Entwistle's 'national champion' bait? Jun 22, 2007
"I believe if that happens with BCE, that in a global telecom world, Telus ... would not carry on as an independent organization and we will get acquired ourselves," said Mr. Entwistle - meaning, of course, that the bulk of the Canadian telecom industry would be run out of New York. The implied question for Mr. Harper is: Is that really what you want. (Globe and Mail -- Business)
Huawei says Western vendors undercutting its prices Jun 20, 2007
SINGAPORE Huawei Technologies Co. Ltd., China's leading communications network equipment maker, said on Wednesday it should not be blamed for driving down prices in the global telecom network equipment market. Unlisted Huawei is seen by larger rivals as one of the most aggressive vendors which has been offering its technology at up to half the price of its Western competitors, but a senior official from Huawei said larger firms had been undercutting it. (Globe and Mail -- Business)
Sector Screen: 10 Telecoms Primed For Liquidity Buying Jun 17, 2007
Plus, the ETF excludes important global telecom companies, so you're left out of any appreciation in international telecom stocks ... Mario Gabelli's GAMCO Global Telecommunications fund sold more than half of its position of ATrding to its latest prospectus, and doubled its holdings of Canadian telecom Telus. (Forbes)
Quickcomm Adds Senior Staff in Australia; Announces Further Expansion into Asia Pacific Jun 14, 2007
About Quickcomm Quickcomm was established in 1997 and has grown to become a leading provider of global Telecom Expense Management (TEM) software and services to Global 2000 companies. Quickcomm software helps cut telecom expenses dramatically and provides actionable insight for telecom provisioning that improves a company's bottom-line. (PR Newswire)
France Tele set to buy GTL's IT biz Jun 2, 2007
France Telecom is the No 3 mobile operator and No 1 provider of broadband internet services in Europe and a leading global telecom service provider. Orange Business Services represents the business communications solutions and services provided by the group including converged voice, data & mobile services and IT expertise and managed services. (Economic Times)
Verizon applies for NLD licence May 28, 2007
NEW DELHI: US-based Verizon Business (formerly MCI) one of the worlds largest global telecom service providers, has applied for a National Long Distance (NLD) licence under recently approved guidelines allowing up to 74% FDI in the telecom sector ... Verizon is fourth in a line up of global telecom service providers who have either entered or shown interest in ILD/NLD licences primarily to serve enterprise segments global MNCs and Indian IT/Companies with global telecom networking... (India Times, India)
Bharti joins global Top 10 club May 24, 2007
MUMBAI: Bharti Airtel has joined the league of top ten global telecom operators with a subscriber base of over 40m in a single country. The Sunil Mittal-promoted GSM giant is likely to touch a user base of 130 million by 2010 as growth remains unabated in the world s fastest growing telecom market. (India Times)
Guangzhou Global Telecom Discusses Fiscal 2006 Financial Results May 18, 2007
4 Million - GUANGZHOU, China, May 17 /PRNewswire-FirstCall/ -- Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT), a mobile phone handset and pre-paid calling card distributor and mobile handset value-added services provider in People's Republic of China, today discussed its year end 2006 financial results ... 2% -- Income from operations of $243,213 -- Net income of $220,373 For the fiscal year ended December 31, 2006, Guangzhou Global Telecom reported revenue of $12 ... Ms. Yankuan Li,... (PR Newswire)
China leads push for broadband May 18, 2007
However, with broadband penetration increasing, Chinese operators need to pay more attention to developing broadband content, which will become future cash cow, said Costello, who has 31 years' experience in the global telecom industry working at a number of companies such as Samsung, SBC and AT. "As traditional telecom companies continue to make successful, aggressive advancements towards integrating interactive and entertainment content to their service offerings, content is becoming more and... (People's Daily Online, China)
Maran rocked his own boat May 14, 2007
During his reign of just 9 days short of three years (from May 22 2004), Maran brought in over $12 billion in committed FDI from global telecom and IT companies, many of them arm twisted/incentivised into setting u manufacturing units. It fuelled growth and employment. (India Times)
Companies back 3G spectrum auction May 7, 2007
New Delhi: Communications minister Dayanidhi Marans expressed intent last week to allocate scarce and valuable 3G spectrum through global auctions has excited the interest of not just global telecom players, but also Indian corporates who are not currently in the telecom business. Several Indian firms who have witnessed the telecom sector become one of the most progressive and financially viable from afar, are now looking for a piece of the action. (India Times, India)
Hutchison shareholders approve $2.85b raising May 4, 2007
The global telecom is controlled by Hong Kong billionaire Li Ka-shing, who has persevered with his investment in Australia despite the operation bleeding red ink for years. Before shareholders voted, Hutchison's independent director, Justin Gardener, warned that if they did not give their approval it would result in a "less than optimal equity structure''. Analysts have described the capital raising as an attempt by Li Ka-shing to mop up the the shares Hutchison Whampoa does not own and thereby... (Sydney Morning Herald)
Ringing loud: Telecom user base swells to 189.9m Apr 18, 2007
NEW DELHI: If global telecom majors are battling tooth and nail for a share of the Indian telecom business, it is with good reason. The latest numbers from telecom regulator Trai show that for the quarter ended December 2006, a little over 20 million people got themselves cellular phones. (India Times, India -- Intl Business)
The Global Guru: The Petrodollar Power of Saudi Arabia Apr 18, 2007
To find out the names of these and our other current picks (including a global telecom play that is up over 110% since our initial recommendation), sign up for your free, 60-day trial subscription to today. Enter your e-mail address here. (Human Events Online)
Classmate PC Apr 16, 2007
Competition for the global telecom network equipment market promises to be fierce in 2007, heating up by the official operations of Alcatel-Lucent starting. A US Trade Representative has announced that the US will file two complaints with the World Trade Organization against China over what is described as "inadequate protection of intellectual-property rights." The complaints cover widespread piracy of US movies, music, and software along with market barriers that make legitimate works more... (DigiTimes)
Telephone Tycoon Rises Into Gates's Shadow Apr 15, 2007
His Carso Global Telecom controls 90 percent of Mexico's telephone land lines. By contrast, his Amrica Mvil controls a mere 72 percent of Mexico's cellphone market. (Washington Post)
High-tech sector eyesIndia's rural market Apr 13, 2007
technology giants such as Microsoft to back-office service providers; global telecom and biotechnology companies, and even India's IT-sector lobbyist, the National Association of Software Services Companies (NASSCOM), are stepping out of the cities and moving into the villages and towns of rural India. Each has different imperatives and objectives, but all say that the growing influence of rural India on the country's society and economy is too big to ignore. (Asia Times Online)
Buffett Topples From No. 2 Spot Of World's Richest Apr 13, 2007
Forbes attributed part of Slim's "amazing run" to a 15 percent increase in the stock price of Carso Global Telecom, part of a larger rally in Mexican stocks. Slim's America Movil cell phone company also soared on news of a possible acquisition of Telecom Italia. (7 KETV Omaha)
Mexicos Slim passes Buffett on richest list Apr 13, 2007 Slim Bumps Buffett Apr 12, 2007 'Forbes': Mexican mogul edges Buffett for second richest Apr 12, 2007 Emerging-Market Stocks Climb to Record, Erasing Losses From February Rout Apr 5, 2007 AT&T In Negotiations For Investment In Telecom Italia Apr 2, 2007 CPVC Blackcomb Inc.: Prestige Telecom Announces Financing Plans and Going Public Transaction Mar 24, 2007 VoIP Leaders Hail Court Decision to Empower Consumers by Enabling VoIP Innovations to Flourish Mar 22, 2007 FIPB defers decision on HEL Mar 21, 2007 Hutch may dial compensation call Mar 21, 2007 Virgin, Essar hitch up for retail Mar 20, 2007 BT Aims to be The Network's Network Mar 17, 2007 Satyam Computers joins Microsoft's Connected Services Sandbox Mar 14, 2007 China Mobile's Offshore Play Feb 27, 2007 CEO of Global Telecom & Technology resigns Feb 24, 2007 Alcatel-Lucent to cut 12500 jobs Feb 10, 2007 Alcatel-Lucent to cut 12,500 Feb 10, 2007 Telstra to do battle for NZ directories Jan 29, 2007 The Reasons for Alcatel's 'Shocking' Miss Jan 24, 2007 Zimbabwe: From Turning Pages to Downloading Them Jan 24, 2007 China Mobile acquires Pakistan's 5th-largest cell phone carrier Paktel Jan 22, 2007 ARRIS Releases Details of $1.2B Acquisition of TANDBERG Television and Tuesday, January 16th, 8:30 AM EST Conference Call Jan 16, 2007 Telecommunications: They call it 'Managed Services' Jan 15, 2007 Vodafone's Sarin calls Essar 'a natural ally' Jan 11, 2007 Telecom's Underwater Peril Jan 8, 2007 Tech Mahindra set to bag $400-m deal Jan 6, 2007
His second-largest holding, Carso Global Telecom, which controls ubiquitous fixed-line operator Telmex, has jumped 15 percent in that time. advertisement. (MSNBC -- Business)
Mexican leapfrogs Buffett Apr 12, 2007
The 67-year old owed his latest jump in fortune to increases in the value of his two largest holdings, Carso Global Telecom and America Movil. Mr Slim Hel, 67, the son of a Lebanese immigrant, heads one of a handful of families who dominate the Mexican economy. (Guardian Unlimited -- World)
His second-largest holding, Carso Global Telecom (other-otc: - - ), which controls ubiquitous fixed-line operator Telmex, has jumped 15% in that time. His biggest holding, wireless operator America Movil (nyse: - - ), is up 4% since it announced earlier this month that it was in talks to buy a third of Olimpia, the holding company that controls Telecom Italia (nyse: - - ). (Forbes)
In an article on its website, Forbes attributed part of Slim's "amazing run" to a 15% increase in the stock price of Carso Global Telecom , part of a larger rally in Mexican stocks. Slim's America Movil cellphone company also soared on news of a possible acquisition of Telecom Italia. (USA Today -- Money)
94, led by Carso Global Telecom SA, the holding company for fixed-line telephone company Telefonos de Mexico SA, rose 1. 5 percent to 50. (Bloomberg -- Asia)
As a global telecom leader in wireless, broadband and IP networks with customers in 137 countries, ATontinually reviewing opportunities that will help it serve the company's growing global customer base. ATeves its potential investment in Olimpia would provide Telecom Italia with a strategic partner with whom it can share best practices and pursue joint interests. (PR Newswire)
Mr. McFadden has extensive experience in the global telecom business, including a 28 year career with Nortel Networks. Mr. McFadden held various senior management positions including President of the Optical Networks Division and Chief Technology Officer. (CCNMatthews Press Releases)
The coalition, which includes AccessLine, AT, BT Americas, CallSmart, Cisco, Convedia, Covad, EarthLink, Google, iBasis, i3 Voice and Data, Intel, Intrado, Microsoft, New Global Telecom, Openwave, Pandora Networks, PointOne, Pulver. com, Skype, Switch Business Solutions, T-Mobile USA, United Online, USA Datanet, VocalData, Veraz Networks, and Yahoo. (PR Newswire)
NEW DELHI: Global telecom giant Vodafone will have to wait a little longer to complete its acquisition of India's fourth-largest mobile company Hutch-Essar, with the Foreign Investment Promotion Board on Tuesday deferring a decision on a proposal by the British company in this regard. FIPB's approval is necessary to complete the deal to ascertain that the joint venture between Vodafone and Essar meets the FDI guidelines in the telecom sector. (India Times, India -- Intl Business)
Hutch has been ICC s global telecom partner for the past three years. RCOM, meanwhile, is cashing in on the popularity of the little master, who gives unlimited score updates to Reliance mobile users in his voice besides a host of other services. (India Times)
Essar can bring in products of other global telecom equipment makers since Virgin has many international marketing alliances. Sources said Essar was drawing up big retail plans based on the anticipated growth in the demand for mobile phones. (Hindustan Times, India)
Karsten Lereuth, president of BT Global Telecom Markets, noted that the service will help smaller companies increase their speed to market and improve customer service at a much lower cost than if they had to build the network themselves. "The whole solution is Microsoft-enabled to provide both new entrants and existing telecom providers access to an exciting and expanding market," he said in a statement. (CIO Information Network)
The vice president of Satyam's Global Telecom Practice Dharmesh Syal said Satyam's Next -Generation portal solution will leverage the Sandbox and provide a pre-integrated, tested and centralised service portal infrastructure convergent services. Sections: | | | | | | | | | The Hindu Group: | | | | Group Sites. (Hindu)
It is the anointed national champion in China's plans to play in the global telecom services industry. To that end, it's been very well-protected, and that is its first problem. (BusinessWeek)
CEO of Global Telecom & Technology resigns - Washington Business Journal ... CEO of Global Telecom & Technology resigns ... Brian Thompson, the executive chairman of Global Telecom & Technology (OTCBB: GTLT), has been appointed interim CEO of the service provider. (Washington Business Journal, DC)
However, the French-American telecom equipment provider said it expected full-year revenue to grow by at least 5 percent, in line with the global telecom operators' market. Video. (CNNMoney.com)
However, the French-American telecom equipment provider said it expected full-year revenue to grow at least 5%, in line with the global telecom operators' market. It also reassured investors by keeping the annual dividend unchanged as some feared restructuring would put pressure on cash. (USA Today -- Money)
Babcock & Brown has previously talked about setting up an investment fund to bid for global telecom assets but has ruled out making a bid for Yellow Pages. Robert Topfer, the executive who oversaw Babcock's takeover of Irish telecom company Eircom last year, said the bank was more interested in network-based companies in Europe and Asia than volatile telecommunications assets in Australasia. (Sydney Morning Herald -- Business)
Less than two months after global telecom equipment giants Alcatel and Lucent celebrated their merger with a gala Paris reception, new Chief Executive Patricia Russo has rattled the markets with a profit warning. On Jan. 23, Alcatel-Lucent () acknowledged that fourth-quarter sales fell 16%, wiping out quarterly profits and pushing full-year revenues slightly below the $24 billion posted in 2005. (BusinessWeek)
The International Telecommunication Union, a Geneva-based international organisation through which governments and the private sector coordinate global telecom networks and services, says only 6. 7 percent of Zimbabweans in the country were connected in 2005. (allAfrica.com)
Global telecom investor Millicom International Cellular SA earlier announced it was considering selling Paktel due to difficult business conditions in Pakistan and frequency interference problems. The Luxembourg-based company decided to sell Paktel after talks over gaining increased bandwidth from the Pakistan Telecommunications Authority failed to resolve interference problems. (The Star Online, Malaysia)
"The combination of ARRIS and TANDBERG Television is positive for the digital media industry and a truly exceptional opportunity for both companies," said Bob Stanzione, Chairman f ARRIS. "By bringing together these two market leaders we are able to expand on our vision to be the global leader in the provision of digital IP infrastructure and to enable voice, video and data to be delivered over integrated broadband networks from the content provider to the head-end to the home. With this merger,... (PR Newswire)
The combined power will result in their increased market share in the booming global telecom industry. Along with the increased network business, it is easy to expect that the Managed Services will flourish further. (Jakarta Post, Indonesia -- Features)
NEW DELHI: In what is possibly the most dramatic statement since Hutchison Whampoa signaled its willingness to sell its 67% stake in Hutch Essar, global telecom giant Vodafone's India-born CEO Arun Sarin told TOI in New Delhi on Wednesday, "Essar is a natural ally". The now-very-real possibility is that two of the three most serious contenders for the Hutch stake Vodafone and Essar might join forces in bidding for the Hong Kong-based conglomerate's controlling interest in its Indian... (India Times, India -- Intl Business)
QUICK FIXESBut there's another lesson: The global telecom network really is quite resilient, even in the face of such a crippling blow. Within 12 hours of the undersea rock slides, at least partial service had been restored to most of the affected networks. (BusinessWeek)
The contract is learnt to be from global telecom major AT&T. Tech Mahindra has already got part of the work for $ 60 million a few months back. It is now likely to bag another $ 350 million, a source said. (India Times)
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