TelecomDirect News Daily Summary - June 07, 2006

******************************** PricewaterhouseCoopers Presents The TelecomDirect News Daily Update For June 07, 2006 ********************************

European Cordless Technology Coming to U.S.

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The European cordless telephone system known as DECT, or Digital Enhanced Cordless Telecommunications, is headed to the United States, aiming to provide voice services for PBX systems in small- to medium-sized enterprises. DECT (the 'E' used to stand for European) is a cellular telecommunications system but with small cell...

EPM Acquires Remaining 50% Stake of Colombian LD Operator Orbitel

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Colombian state-owned company Empresa Publicas de Medellin (EPM) yesterday announced that it had acquired the remaining 50% stake in Colombian long-distance operator Orbitel, from Grupo Sarmiento and Grupo Valorem for US$85 million, Dow Jones reports. Significance: EPM now has full control of its long-distance subsidiary, which...

StarHub, Motorola in Alliance for Cable Broadband Development=C2=A0

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StarHub, Singapore's second-largest telecoms operator, and Motorola today announced that the two companies would work together to establish a DOCSIS(R) 3.0 Centre of Excellence for Asia which will be based in Singapore. The centre will be used to support deployments of channel-bonding technology based on the proposed DOCSIS(R) 3.0...

SmarTone-Vodafone Launches First Mobile Broadband Service with Full HSDPA Coverage in Hong Kong

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SmarTone-Vodafone today announced the launch of a full HSDPA network in Hong Kong, and the territory's first commercial HSDPA-enabled service -- SmarTone-Vodafone Mobile Broadband. This HSDPA network provides a data speed of 1.8 Mbps – five times faster than W-CDMA and 20 times faster than GPRS. The operator plans to upgrade...

France Telecom Prepares Sale of Phone Directory Services

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PARIS -- France Telecom said Wednesday it will sell part or all of its 54 percent stake in Pages Jaunes, the French phone directory service, because it is not part of the company's core strategy. Based on Pages Jaunes US$28.93 closing share price Tuesday, the value of the entire stake would be worth US$4.36 billion. ...

Deutsche Telekom and T-Online Complete Their Merger

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FRANKFURT, Germany -- Deutsche Telekom AG said Tuesday that it reabsorbed T-Online International AG, regaining control of Europe's largest Internet service provider. Bonn-based Deutsche Telekom had spun off T-Online in 2000 but retained a 74 percent stake in the Weiterstadt-based company. In October 2004, it decided to buy...

Alcatel Forming Cable Group

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Chicago -- Globalcomm 2006 -- Alcatel is in the early stages of building a new group focused on selling its optical and Ethernet gear into the North American cable market, Light Reading has learned. Alcatel has been focused on North America's traditional telecom operators to date, but...

Nortel's Loss Widens

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Nortel Networks financial reporting is back on track, but its balance sheet is still struggling. The company reported a first-quarter net loss of $167 million compared with a net loss of $104 million in the year-ago quarter. Revenues were $2.38 billion in the first quarter of 2006 compared with $2.39 billion in the first quarter of...

FCC Eyes Interim USF Revamp Plan

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Reports circulating around Washington say the Federal Communications Commission (FCC) is considering a new plan to revamp the universal service fund (USF) program on an interim basis by broadening the base of contributions, thus keeping the $7 billion annual subsidy in the money. Although unconfirmed by the regulatory agency at...

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