LG Electronics’ mobile division posted a 7.4% year-on-year decline in 4Q revenues to 4.2 trillion won ($3.62b). Operating profits came in at 55.8 billion won. Handset shipments jumped 32% in 2009 to a new yearly high of 117.9 million units, and were up 7% quarter on quarter to 33.9 million units.
Alcatel-Lucent Shanghai Bell, the vendor’s Shanghai-based Chinese manufacturing arm, has appointed Romano Valussi as general manager, effective immediately. Romano will also join ALSB’s board and head up Alcatel-Lucent’s China business unit.
Bharti Airtel has called for bids for the outsourcing and management of its fiber cable network.
Tata Communications has formed a new Global Media & Entertainment Solutions (GMES) group. As part of the restructure, the firm has launched a global video network arm, Video Connect, and spun off digital media management platform Mosaic. Tata recently acquired Mosaic from BT.
Nokia Siemens Networks and LG Electronics have achieved an LTE downlink data transfer rate of 100Mbps, the maximum speed for a Class 3 LTE terminal.
Alcatel-Lucent has announced it is trialing IMS-based voice calling and high definition video streaming over the LTE network of Cox Communications. The trial used Cox’s AWS and 700 MHz spectrum.
Etisalat is due to make its long-delayed final $800 million payment for the 26% stake it acquired in Pakistan Telecommunication Co. (PTCL) by end-March. The $1.4 billion stake was acquired as part of PTCL’s privatization in 2006.
- THE WRAP: NSN concedes on Moto; Furore over China attack
- FASTTAKES: Dell, Apple, Bharti, Taiwan Mobile, Alca-Lu, ACMA, NSN
- FASTTAKES: Huawei, Macquarie, Spice, Bharti Airtel, Kordia, Trai, Alca-Lu
- FASTTAKES: NTT Com, Bharti, Adobe, Apple, Tata, Vodafone NZ, Rogers, LightSquared
- FASTTAKES: Apple, Trai, IDC, FCC, Kordia, LG Uplus