FASTTAKES: TOT, Huawei, Fitel, i-Cable, Maxis

Staff writer
telecomasia.net

Taiwan's ICT Minister as given state-owned telco TOT 90 days to improve the quality of its 3G data services, and will meanwhile pressure the operator to meet its subscriber targets.
 
Huawei lifted its 2009 revenue 17.5% to $21.5 billion – a much reduced growth rate from the 43% the company experienced in 2008, but still a strong result during the economic crisis.
 
China's wireless data services market is on pace to nearly double in value to $31.5 billion from 2008 to 2013, after reaching $19.3 billion in 2009, according to research firm iSuppli.
 
Taiwanese PHS operator Fitel plans to set up 45 Wimax base stations in Hsinchu City. The equipment will be supplied by Motorola. Fitel expects to secure a Wimax license by the end of March.
 
Shares in Hong Kong operators i-Cable and City Telecom rose by a respective 9.5% and 2.7% yesterday, after they both announced plans to offer free-to-air TV services in the region.
 
The Sri Lankan government has invited Malaysian operators Maxis and Telekom Malaysia to invest in its maiden $150 million satellite project. Both operators have expressed an interest - if the venture is commercially viable.

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