Deutsche Telekom: Revenues and Net Income Up, Debt Levels Down

Deutsche Telekom reported half-year revenues of EUR 27.2 billion, up by EUR 5.0 billion compared to last year. Net income also rose by EUR 5.0 billion to a positive EUR 1.1 billion.Deutsche Telekom's Group debt stood at EUR 53 billion at the end of the quarter, down by approximately EUR 8.1 billion since the start of the first quarter and by EUR 11.3 billion since the end of September 2002. The company generated EUR 4.0 billion in free cash flow for the first half of the year. Some other highlights:T-Com's domestic fixed line business grew 13%...

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Hanaro Loses Broadband Subscribers in Q2

The total number of broadband subscribers served by South Korea's Hanaro Telecom declined by 10,407 at the end of Q2 2003 to 2,963,514, compared to three months earlier. The company cited the discontinuation of promotional initiatives as the reason for the drop. Meanwhile, overall revenues increased 4.7% quarter-over-quarter to KRW 344.4 billion (US$289 million), while operating costs decreased slightly by 2.7% to KRW 326.4 billion (US$274 million). Some other highlights from Q2:the proportion of subscribers for broadband services such as VDSL,...

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Lucent Signs 5ESS Switch Contract with China's Shandong Netcom

Shandong Netcom, a subsidiary of China Netcom, awarded contracts valued at over US$50 million to Lucent Technologies to expand the carrier's 5ESS Switch-based personal handyphone system (PHS) network. The contracts cover four cities, Qingdao, Jinan, Weifang, and Yantai. These expansions bring the total capacity for these four cities to 2.7 million subscribers. http://www.lucent....

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Sprint Expands Global IP Network to Taiwan

Sprint announced the expansion of its global IP network to Taiwan. The company has secured a telecommunications business license in Taiwan and begun offering network-based and CPE-based VPNs, IP VPNs, Frame Relay, ATM, Private Lines, Security and Managed Network Services. Sprint also provides SprintLink Frame Relay, Packet Private Line and Virtual LAN services based on L2TPv3 technology. Sprint's regional headquarters is in Hong Kong. It also has a presence in Tokyo, Seoul, mainland China, Singapore, Sydney, Melbourne and Auckland. http://www.sprint.comIn...

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MCI Holds Revenue Steady in June

MCI recorded $2.075 billion in revenue in June 2003, versus $2.034 billion in May 2003. Operating income in June was $146 million versus $116 million in May. MCI had net income in June of $84 million compared to net income of $46 million in May. The company ended the month with $4.6 billion in cash on hand, an increase of approximately $400 million from the beginning of the month. http://www.mci....

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ITXC Activates Cisco's Multiservice IP-to-IP Gateway

ITXC, which claims to operate the world's largest international VoIP network, has begun using Cisco Systems' new Multiservice IP-to-IP Gateway to provide the demarcation between VoIP networks for media, control, and management. The demarcation is required for the high-volume bilateral exchange of VoIP traffic between carriers. The new Cisco Multiservice IP-to-IP Gateway has enabled ITXC.net to quickly establish over a dozen new direct carrier-class VoIP connections between ITXC's wholesale VoIP network and wholesale and retail carriers worldwide....

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CIENA Adds Ethernet multiplexing to ONLINE Edge CWDM

CIENA has added Ethernet multiplexing (EMUX) capabilities to its ONLINE Edge CWDM platform. New EMUX cards enable the ONLINE Edge to multiplex up to eight 10/100 Ethernet signals and a Gigabit Ethernet or Fibre Channel signal into one OC-48/STM-16 wavelength. CIENA said the new capabilities make it more cost-effective for carriers to offer Ethernet Private Line, Ethernet Virtual Private Line and Fibre Channel services on a single network. It also overcomes the inherent distance limitations of Fibre Channel with a distance extension technology...

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Hong Kong Broadband Launches its Triple Play

Hong Kong Broadband Network Limited, a subsidiary of City Telecom, launched a pay-TV service, forming the third pillar of its triple-play strategy. The carrier already offers broadband Internet access and local telephony on the same network. The pay-TV service initially is carrying 11 interactive channels, but has the capacity for up to 200 channels. HKBN said the visual quality is comparable to DVD quality. The service is priced at HK$98 monthly and the company is waving the cost of the set-top box and installation during a promotional period....

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SMC Prices Gigabit Ethernet Adapters at $30

SMC Networks began shipping a Gigabit Ethernet PCI network card with an MSRP of $29.99. Earlier in the month, SMC began shipping its new five and eight port EZ Switch 10/100/1000 switches, which carry MSRPs of $129.99 and $179.99, respectively. http://www.smc....

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Mahi Networks Hires VP of Worldwide Sales

Mahi Networks, a start-up based in Petaluma, California, named Terry White as vice president of worldwide sales. White previously was VP of global sales for Turnstone Systems. Prior to Turnstone, White spent nine years at ADC Telecommunications. http://www.mahinetworks....

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XO Reports Q2 Revenue of $286 Million

XO Communications reported Q2 revenue of $283.9 million, compared to $286.1 million reported for Q1 2003, and $325.5 million reported in Q2 2002. Of the Q2 revenue total, approximately $150.0 million was generated from voice services, which includes revenue from local, long distance and other enhanced voice services, $97.3 million was attributable to data services, which includes Internet access, network access and web hosting and $36.6 million resulted from integrated voice and data services. The company said it has increased its direct sales...

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Moscow Cellular Communications Chooses Lucent's CDMA2000

Moscow Cellular Communications will deploy Lucent Technologies' Flexent CDMA2000 1X base stations, PacketStar PSAX Multiservice Media Gateways, and Metropolis next-generation SDH optical products in Moscow and surrounding suburbs. The equipment for this network expansion will be delivered by Verysell Telecom of Verysell group, a Lucent business partner. Financial terms were not disclosed. http://www.lucent....

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