India’s DoT has begun allocating 3G spectrum to the seven winners of May’s 3G auctions. It requires operators to cover at least 90% of metro circles, and 50% of most of the other circles.
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September 3, 2010
FASTTAKES: DoT, HP, Telkom, BT, Vimpelcom, AlcaLu
September 1, 2010
Maxis net down 5% on rising costs
Maxis, Malaysia’s biggest mobile operator, has posted a 5.0% fall in quarterly earnings despite dominating customer growth in the market.
It has reported an after-tax profit of 532 million ringgit ($169m) for the second quarter, with revenue up 2.3
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August 27, 2010
Unicom net dives 62% on 3G cost
China Unicom has blamed a 62% plunge in first-half earnings on handset subsidies and 3G costs.
The fixed and mobile operator reported net income of 2.53 billion yuan ($372m) down from 6.62 billion yuan a year earlier, on 7.6% higher sales of 82.11 billion yuan.
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TCL posts profit as sales soar
Handset vendor TCL Communications has returned to the black after sales – mostly to offshore developing markets – skyrocketed in the first half.
The mainland Chinese company boosted revenue 160% to HK$3.45 billion ($443m) after shipping 14.23 million devices, a 181% increase over last year.
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FASTTAKES: Aircel, Axiata, AIS, Google, Ericsson, Huawei
India’s Aircel is the target of a government probe into the source of funds for its 3G bid, over allegations of money laundering.
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August 26, 2010
China Telecom reports flat first half, raises capex
China Telecom said its first-half net profit rose just 0.8% from a year earlier, mainly on the back of continued strong mobile growth.
Earnings for the six months to June 30 rose to 9.08 billion ($1.3b) year earlier, with sales up 4.5% to 107.82 billion yuan.
China Telecom’s mobile business remained its growth driver, contributing 25
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August 24, 2010
HP to launch two tablets by year-end
Hewlett Packard will launch two tablet PCs in a matter of months, after admitting sales of laptop PCs have been hit by the increasingly-popular format.
The firm plans to launch a business-focused tablet running Microsoft’s Windows 7 by end-2010, and will follow up with a consumer device running Palm’s WebOS in 2011, according to Todd Bradley, head of the
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August 20, 2010
China Mobile appoints new CEO
China Mobile has replaced CEO Wang Jianzhou with vice-president Li Yue.
The departure of Wang, 61, had been widely expected because he had passed the retirement age for state-owned enterprise executives.
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ZTE net up 12% on US, EU sales
ZTE’s profit grew 12% in the first half, despite declining revenue in Asia due to India’s restrictions on foreign telecom gear.
The state-owned vendor reported net income of $129.1 million on the back of 10.9% revenue growth, almost all due to higher demand in Europe and the US, in particular for its handsets.
Sales in Asia excluding China
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THE WRAP: Quigley’s broadside, Li Yue’s promotion
This week, as the Australian election went down to the (broadband) wire, NBN chief Mike Quigley hitched his star to the government.
Quigley, who was appointed by the current government to head up the new state telco, waded into the campaign with a broadside at the oppositio
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