Friday, March 19, 2010
FASTTAKES: ZTE, MTNL, Willcom, Banglalink, CSL, BSNL
FASTTAKES: ZTE, MTNL, Willcom, Banglalink, CSL, BSNL
Staff writer |
January 27, 2010
telecomasia.net
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ZTE has won a $378m GSM-UMTS network contract from South African operator Cell C.
MTNL’s new chairman and managing director, Kuldip Singh, will pursue international M&A, Business Standard reports. Next month, MTNL is expected to submit a bid for a stake in Nigeria Telecommunications.
Nokia Siemens and LG Electronics have achieved an LTE downlink speed of 100 Mbps, the maximum speed for a Class 3 LTE terminal.
Troubled Japanese PHS operator Willcom could file for bankruptcy court protection in the Tokyo District Court as soon as next month.
Orascom-controlled Bangladesh cellco Banglalink has got the nod from the country’s Securities and Exchange Commission
to raise BDT4.25 billion ($61.5 million) from bonds for network expansion purposes. The bond issue has to take place within 12 months.
Hong Kong cellco CSL will offer a home wireless broadband gateway through its Next G HSPA network, incorporating a home phone and internet connectivity.
Indian state-owned telco BSNL could miss the country’s new March 31 deadline for Mobile Number Portability (MNP).
In a letter to the Department of Telecommunications, BSNL said it is still waiting security clearances from the government so that it can order its MNP gateways.
Alcatel-Lucent subsidiary LGS has been awarded a blanket purchase agreement (BPA) to provide communications solutions to the US Army in Afghanistan.
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