TelecomDirect News Daily Update - October 27, 2006

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

Rostelecom and Beltelecom Construct Fibre-Optic Communications Line

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Russia's fixed-line, long-distance incumbent Rostelecom and Belarusian fixed-line monopolist Beltelcom have agreed a deal for the construction of a fibre-optic communications line, reports Novecon. When the project is completed the line will have a capacity of 400 Gbps. Fibre-optic cables have already been laid on the border between ... Professor Calls for Spectrum Reform
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WASHINGTON -- The coming transition of spectrum from broadcasting applications to commercial wireless applications presents a unique opportunity to change the way spectrum is managed in the United States, said a noted public policy professor today. In a paper presented at a conference on public safety spectrum and communications, ...

Cisco Adds More Mobile To Convergence Plans

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Earlier this week, Cisco said it was writing a $31 million check to buy privately held Orative Corp., which comes with an application that will allow Cisco to extend its Unified Communications portfolio to such wireless handhelds as cellphones and smartphones. The deal is set to close in Cisco's 2007 fiscal second quarter ...

September Funding Flows Toward Mobile

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Of the 39 digital media startups that received venture capital funding in September, 15 are developing products and services around mobile devices. That factoid comes from San Francisco-based Rutberg & Co. , which keeps tabs on venture capital and merger events involving digital media companies. "The pace of venture ... Sprint Nextel Struggles Continue
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Sprint Nextel Corp. reported another downbeat quarter today, with earnings down 52 percent and poor subscriber numbers for the three months that ended on September 30th. The No. 3 U.S. cellular operator, Sprint reported net income of $247 million for the quarter -- down from $516 million a year earlier, despite a 35 percent ...

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