The TelecomDirect News Daily Update
For February 10, 2006
TeliaSonera Net Sales Rise to US$11.3 bil. in 2005
The Nordic telecoms giant has announced its financial results for
the fourth quarter and the full year ending in December
2005. According to a company press release, strong growth in
mobile and broadband operations helped boost sales to 87.661
billion Swedish kronor (US$11.3 billion) in 2005, from 81.937
billion kronor in...
Vonage Aims to Raise US$250 mil. in IPO
The U.S.-based leading pure-play VoIP provider, Vonage, is
planning to raise US$250 million in an initial public offering
(IPO) filed with the Securities and Exchange Commission
(SEC). Vonage has also appointed Mike Snyder as its new chief
executive officer (CEO), who will replace the company's founder,
Jeffrey Citron. Significance: The...
Nokia Introduces Location Based Services to Mid-Range Portfolio
ESPOO, Finland -- Nokia today underlined its effort in making
location based services available to a broad consumer base with
the announcement of the Nokia GPS Module LD-3W, which is
compatible with a wide selection of Nokia's Bluetooth enabled
handsets. By cooperating with several partners, Nokia provides
Cable 'A La Carte' Would Save Money
WASHINGTON -- Most cable TV subscribers would save money if
allowed to pay for only the channels they want, a Federal
Communications Commission study said Thursday, reversing the
agency's earlier finding that consumers wouldn't benefit. The
analysis by FCC staff provides new support for consumer groups
and conservatives pushing for a...
Broadband Saves The Bacon At BT, Telstra
Driven by booming broadband sales, BT today reported financial
results far better than analysts had expected. The U.K. giant
says "new wave" revenue -- from networked IT services,
broadband and mobility -- for the quarter ending Dec. 31,
2005, was more than $2.8 billion, 42-percent higher than the same
quarter in 2004. This...
Stoke Stokes 'Net Neutrality' Flames
If broadband network operators begin charging quality of service
(QOS) fees in exchange for tranporting the bandwidth-hungry
services of other companies, one of Silicon Valley's new
communications startups, Stoke Inc. , believes it has the just
the toolset to help them do it. (See Stoke Uncloaks.) "It seems
intuitive to me that the...
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