TeliaSonera Net Sales Rise to US$11.3 bil. in 2005
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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
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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
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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 comfortable and...
Cable 'A La Carte' Would Save Money
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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
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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
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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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