FASTTAKES: Huawei, Bharti, Wal-Mart, IPMobile

25 Sep 2006

Huawei Technologies wins a network contract worth of more than $50 million, with CANTV, a provider of telecommunications services in Venezuela. Under the contract, Huawei will help CANTV to transfer its traditional analog network to the next generation network.

India's Bharti Global secures a GSM and 3G license in the UKisland of Jersey, through a subsidiary company, Jersey Telenet. The company said it plans to invest $37.7 million in setting up a network that is expected to be operational in October.

Wal-Mart Stores reports that it is not trying to dissuade movie studios from working with other forms of distribution, such as Apple's iTunes download service. The New York Post last week reported that the world's largest retailer has warned Hollywood it may retaliate against studios for selling movies on iTunes, a move that could hurt Wal-Mart's DVD sales.

IPMobile finalizes an agreement with Japan's Oki Electric Industries in providing base station infrastructure for their mobile broadband wireless service in Japan. Oki will support IPMobile in building a full TD-CDMA network, including the base stations, the IP core network and the central control facilities.

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