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....

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.comWith 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...

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...

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...

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....