Thursday, August 5, 2004

Verizon Wireless invests $3 Billion in California Networks

Verizon Wireless estimates that it has invested nearly $3 billion in its California network since the company was formed in June 2000. For 2003, the investments amounted to $600 million in network expansion projectshttp://www.verizonwireless.com

China Unicom Equip CDMA network for Media Streaming

China Unicom has selected Siemens to equip its CDMA network for media streaming. In a first phase of the project, China Unicom intends to initially offer the first video services to around 400,000 pilot customers. Siemens will supply a complete solution for audio and video services, including video portal and charging system. Financial terms were not disclosed. http://www.siemens.com
  • With over 100 million subscribers, China Unicom is the world's third largest GSM and second largest CDMA provider. The company operates both GSM and CDMA networks in 30 provinces, municipalities and autonomous regions in China. Siemens has been supplying mobile communication technology to China Unicom since 1994.

KT Reaches 5.9 Million Broadband, 375,000 Wi-Fi Subscribers

KT reported 5.9 million Megapass (broadband) subscribers as of 30-June-2004, up by 507,000 over the preceding quarter. The number of Nespot (wireless broadband) subscribers was 375,000, up by 20,000 for the quarter. KT is now selling laptops along with its Nespot service.



Separately, KT reached an agreement with its labor unions on a new contract. The main points of the deal inlcude a 2% wage increase for 2004 and the implementation of a 5 day working week (weekly working hours reduced from 44 to 40). http://www.kt.co.kr

Singtel Reports 2% Rise in Revenues

Singapore Telecommunications Limited (SingTel) reported quarterly revenue of S$3.022 billion, a 2.1% rise over the same period last year. Earnings rose 16% to S$696 million, after adjusting for non-recurring items, such as the divestment of Belgacom. Net profit after tax declined to S$700 million.



SingTel's data & Internet revenue, the largest revenue stream, increased 5.8% to S$298 million compared to the same period last year and 6.8% on a sequential quarter basis. Broadband revenues grew 57% to S$70 million as the number of broadband lines increased 40% from a year ago to 268,000. SingTel claims a 40% market share.



Revenue from mobile communications grew 3.1% to S$207 million due mainly to higher ARPU from roaming revenue. SingTel's postpaid churn rate dropped to 1.4% despite a high 87% mobile penetration in Singapore as of June 2004. The use of SMS and other mobile data services such as *SEND and MMS continued to rise. Mobile data services accounted for 18% of ARPU, up from 16% in the last corresponding quarter.



International telephone revenue fell 16% to S$169 million due to lower inpayment revenue and lower collection rates. The volume of international outgoing minutes (ex-Malaysia) was stable compared to the corresponding quarter last year and the preceding quarter.



SingTel Optus Mobile acquired 168,000 customers during the quarter, posting a 17% year-on-year increase in subscribers, bringing its base to 5.7 million or 35% market share. This growth was achieved despite a mobile penetration of 80% in Australia.



OptusNet Broadband had 183,000 customers at the end of the quarter including 22,000 DSL customers. The division added 35,000 broadband customers in the current quarter. This is double the March quarter customer adds and more than three times the December quarter. DSL and dial-up revenue increased by 32%, driven in part by growth in DSL. Off network voice revenue grew by 11%. http://www.singtel.com

SingTel Selects Juniper Networks for Global IP Backbone

SingTel has implemented a global IP network backbone using Juniper Networks' core and edge routing platforms supporting advanced IP services including Secure Remote Access, VPNs, VoIP, Multicast and QoS. The deployment includes the T320, M20, and M10i platforms. Financial terms were not disclosed. http://www.juniper.net