TelecomDirect News Daily Update - Monday, March 27, 2006

******************************** PricewaterhouseCoopers Presents The TelecomDirect News Daily Update For March 27, 2006 ********************************

Cingular to Wind Down TDMA Network by 2008

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The chief executive officer (CEO) of Cingular Wireless has told the TelecomNext conference that it plans to close down its TDMA network in 2008. Significance: According to the CEO, 95% of all voice traffic is transmitted over the company's GSM network. Migration to this platform has been accelerated since the acquisition of AT&T...

Ericsson executives on trial in Sweden for alleged tax evasion

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STOCKHOLM, Sweden -- Six current and former executives at wireless equipment maker LM Ericsson went on trial Monday on tax evasion charges. Prosecutors say the defendants filed false invoices worth about 3.3 billion kronor (360 million; US$470 million) in 1998-1999 to avoid paying taxes. Ericsson has since paid the taxes that were due,...

Cingular, Union Reach Tentative Agreement

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ATLANTA -- Three hours before a threatened midnight strike, an agreement was reached Sunday night between Cingular Wireless and the union representing about 11,000 of its customer service employees in nine southeastern states. ''We have reached a tentative agreement on a labor contract,'' said Cingular spokesman Mark Seigel. ''Subject...

Treo Hits New Highs

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As Palm Inc. adds more features to its Treo line of devices to compete with Research In Motion Ltd. (RIM) (Nasdaq: RIMM - message board; Toronto: RIM)'s Blackberry, the vendor reports that sales of Treos continue to climb. Palm says that during its fiscal third quarter, it shipped 564,000 Treo smartphones and sold a total of 569,000...

TIA Sees Continued Wireless Expansion

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Wireless services continue to eat away at the numbers of wireline and that's hurting local wireline exchange providers, according to a survey released this week by a Washington, D.C.-based telecommunications gear trade group. "Loss of landline subscribers has hurt the local exchange market, though at moderating rates in the...

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