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Wednesday, October 29, 2008
France Telecom Sees Revenue Growth Exceeding GDP in Key Markets
France Telecom Group revenue of EUR 39.9 billion for the first nine months of 2008, up 3.4% YoY on a comparable basis. Third-quarter 2008 revenue grew 2.3% on a comparable basis. The company said its performance comes in the context of the difficult general economic environment. Other than Spain and some emerging markets, the Group saw no impact on its operations from the slowdown in the economy. It's aim is to continue outpacing GDP in its...
Qwest to Report Greenhouse Gas Emissions
Qwest Communications has joined The Climate Registry as a founding member, and in so doing has committed to calculate, independently verify and publicly report its greenhouse gas (GHG) emissions across North America.The Climate Registry is a nonprofit organization that seeks to provides data on greenhouse gas emissions. The Climate Registry establishes consistent, transparent standards throughout North America for businesses and governments to calculate,...
Alcatel-Lucent Reports Q3 Revenue of EUR 4.065 Billion, Down 6.6% YoY
Alcatel-Lucent's revenues for Q3 2008 declined 6.6% year-over-year and decreased 0.9% sequentially to Euro 4.065 billion. At constant exchange rate, revenues declined 2.2% year-over-year and 2.9% sequentially. At constant exchange rate and on a year-over-year basis, Carrier revenues declined 9.4%, Enterprise revenues grew 6.3% and Services revenues grew 16.6%. The adjusted gross margin was 32.5% of revenues, or 33.0% excluding a currency hedging...
Chunghwa Telecom Reports Q3 Revenue Decline or 1.5%
Chunghwa Telecom, the incumbent operator in Taiwan, reported a 3% revenue growth for the first nine months of 2008, but a revenue decline of 1.5% in Q3 2008. Chunghwa's total revenue for the first nine months of 2008 reached NT$151.9 billion, of which 28.4% was from fixed-line services, 35.9% was from mobile services, 24.5% was from Internet and data services and the remainder 11.2% was from other revenues, including handset sales from SENAO and...
STMicroelectronics and Arkados to Develop 200 Mbps HomePlug AV Chip
Arkados and STMicroelectronics reached an agreement to develop and manufacture a 200 Mbps HomePlug AV wideband powerline modem System-on-Chip (SoC). The chip, which is planned for availability mid-next year, is being designed to power applications ranging from simple Ethernet-to-powerline bridges to full-featured products as wide ranging as HDTV distribution, digital set-top boxes, IPTV, whole-house audio, networked digital picture frames, surveillance systems, and also industrial and commercial applications, especially targeting the Smart Grid...
Motorola Sees Separation its Businesses beyond 2009
Motorola reported Q3 2008 sales of $7.5 billion and a GAAP net loss from continuing operations of $397 million, or a loss of $0.18 per share (including special charges of $0.23 per share).Greg Brown, Motorola's co-chief executive officer and CEO of Broadband Mobility Solutions, said, "The company had positive operating cash flow of $180 million and ended the quarter with a total cash* position of $7.6 billion. Our balance sheet and liquidity position...
European Commission Opens Investigation into Telekomunikacja Polska
The European Commission has opened an anti-trust investigation of Telekomunikacja Polska S.A., the incumbent telecom operator in Poland. EC officials conducted an unannounced inspection at the company's premises on 23-September-2008. The European Commission said it suspects that Telekomunikacja Polska may have infringed EC Treaty rules on abuse of a dominant market position (Article 82). The Commission officials were accompanied by their counterparts...
"The Quilt" Research Network Extends Contract with Level 3
The Quilt, a coalition of regional network organizations representing many top U.S. research and education institutions, has renewed its multi-year contract with Level 3 Communications. The framework agreement gives Quilt members access to Level 3's Tier 1 Internet backbones in North America and Europe.Most Quilt members are non-profit regional network aggregators that provide advanced network services in support of research and education. http://www.level3.comhttp://www.thequilt.n...
TiVo and Netflix Announce Movie Streaming Deal
TiVo announced a deal that will give users of its TiVo Series3, TiVo HD, and TiVo HD XL DVRs the ability to have thousands of movies and TV episodes instantly streamed from Netflix. The two companies said they are initiating a test of the new capability in several thousand U.S. households and expect it to be broadly available in early December. Users will need to subscribe to both Netflix and TiVO service.http://www.tivo.comhttp://www.netflix....
AT&T Provides iPhone and BlackBerry Customers with Complementary Wi-Fi
AT&T will begin offering free Wi-Fi service to current and new customers of select Blackberry smartphones and Apple iPhones. AT&T's Wi-Fi network includes 17,000 hot spots in Starbucks, Barnes & Noble, and thousands of other locations.http://www.att....
AT&T, Lenovo and Ericsson Partner on Embedded Broadband in Notebook PCs
AT&T , Lenovo and Ericsson announced an alliance to embedded 3G modems in certain ThinkPad notebook PCs in the U.S. The collaboration significantly lowers the price premium usually associated with built-in mobile broadband technology by up to $150 per PC from previous pricing.Under the agreement, AT&T's 3G service is available on a full range of Lenovo ThinkPad notebooks, which come factory-equipped with Ericsson built-in mobile broadband modules. All three of the ThinkPad SL notebooks and all notebooks in Lenovo's T and X series are...
Verizon Cites FiOS Milestones for Q3
Verizon said customer growth accelerated for its FiOS services in the third quarter 2008 as the company's telecommunications group introduced new features and expanded the fiber network's footprint. Some milestones for the quarter:Launched FiOS TV in four new markets -- New York City, Washington state, Harrisburg, Pa., and western New York. Overall, Verizon made FiOS TV service available for sale to a record 1.2 million additional premises in the...
Verizon Wins Defense Contracts Valued at Up to $1.12 billion
Verizon Business announced two contracts with the U.S. Department of Defense's Defense Information Technology Contracting Organization (DITCO) valued t up to $1.12 billion. The services will be provided under the federal Networx contracting program.Under one agreement valued at as much as $752 million, DITCO, the contracting arm of the department's Defense Information Systems Agency (DISA), selected Verizon Business in a Networx Fair Opportunity...
Department of Justice Requires Divestitures in Verizon's Acquisition of Alltel
The U.S. Department of Justice will require Verizon Communications Corp. to divest assets in 100 areas in 22 states in order to proceed with its $28 billion acquisition of Alltel Corp. The Department said that the transaction as originally proposed would have substantially lessened competition to the detriment of consumers of mobile wireless telecommunications services in those areas, and likely would result in higher prices, lower quality and reduced...
