Israel’s Partner Communications Profits Up by 17.5%

Editor Mobile

­Israel’s Partner Communications – which trades as Orange has revealed its Q3 results. As per the results the company’s quarter revenues rose by 4.8% to US$450 million, while net profits increased by 17.5% to US$84 million. EBITDA also up by 12.5% toUS$175 million. Revenues from data and content services excluding SMS increased 11.1% to US$44 million 11.1% of service revenues, …

EditorIsrael’s Partner Communications Profits Up by 17.5%

Orange to ink Network upgrade deal with Ericsson

Editor Mobile

Israel’s Partner Communications (trades as Orange) has announced a deal with Ericsson for the upgrade of its existing networks and the deployment of 4G network. The Agreement incorporates the upgrade, replacement and the expansion of certain parts of the company’s existing cellular and fixed line networks and the maintenance of the networks, including enhancement of Partner’s abilities with respect to …

EditorOrange to ink Network upgrade deal with Ericsson

Czech-Based CD-Telematika Selects ECI Telecom to Build Nationwide Optical Fiber Network

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ECI Telecom, a global provider of next-generation network solutions, announced today that it was selected by CD – Telematika a.s. (CD-T) to develop and implement a national high-capacity next generation optical network across the Czech Republic. The new network will allow CD-T to significantly increase bandwidth capacity, better route data traffic on the network, and provide highly reliable services over …

EditorCzech-Based CD-Telematika Selects ECI Telecom to Build Nationwide Optical Fiber Network

Wataniya Palestine planning to launch IPO

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­If reports are to be believed, Wataniya Palestine is preparing to launch a stock market flotation next month, one year after the company’s oft-delayed launch in the Palestinian Territories. According to the company, the share offering will take place next month. A stock market flotation of at least 30% of the shares was a condition of the operating license. The …

EditorWataniya Palestine planning to launch IPO

Radvision inks deal with Microsoft

Editor Mobile

Radvision Ltd, an Israel-based video and telecommunications company has inked deal to provide video conferencing system with Microsoft. As soon as the deal was finalized the company’s shares were up by nearly 8% at US$7.0. Terms of the agreement were not disclosed. According to Radvision, it will offer a combination of hardware and software products, which will be integrated with …

EditorRadvision inks deal with Microsoft

Israel’s telecommunications regulator orders to cut down the interconnection fees

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Israel’s telecommunications regulator has ordered mobile operators to cut interconnection fees by nearly 73%. According to Communications Minister Moshe Kahlon, interconnect fees will drop to  US$0.0181 a minute at the start of 2011 from US$ 0.066 now. Fees will turn down further to US$0.0167 per minute from 2012, to US$0.0156 from 2013 and to. Termination fees for text messaging will …

EditorIsrael’s telecommunications regulator orders to cut down the interconnection fees

Cellcom inflates its revenue balloon with the profit of 17.7%

Editor Mobile

Cellcom Israel Ltd. has announced its financial results for the second quarter revenues were up by 5.2% to US$436 million compared to the previous year. EBITDA rose by 7.1% to US$176 million while the EBITDA margin of 40.3% was up from 39.6% a year ago and net income totaled US$84 million. Basic earnings per share for the quarter were US$0.85. …

EditorCellcom inflates its revenue balloon with the profit of 17.7%

Hutchison Whampoa lining up in profits

Editor Mobile

Hutchison Whampoa has revealed a higher-than-expected 12% rise in first-half net profit and are expecting 3G mobile-phone business to turn to the positive side. The 3G division has been focusing on investors, as its losses have long been a pull on the corporation’s earnings. The company assures that it will make profits with its 3G operations by 2011. The company’s …

EditorHutchison Whampoa lining up in profits

India lifts ban from Chinese equipment vendors

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www.WirelessFederation.com/news: The ban imposed on the Chinese vendors by the Indian government has been lifted but all their equipments will have to go through rigorous security checks before certification. The decision has been taken after two days of prime ministerial talks, which also involved India’s home and telecom ministries and the country’s Intelligence Bureau and National Informatics Center (NIC). Diplomatic …

EditorIndia lifts ban from Chinese equipment vendors

Partner Communications net profit rises 13.9% (Israel)

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www.WirelessFederation.com/news: 13.9% year-on-year increase in net profit at ILS337 million (USD91 million) has been reported by Israeli mobile network operator Partner Communications in the financial results for the three months ended March 31, 2010. Significant improvement in profitability parameters has been attributed as the reason behind the good performance. A turnover of ILS1.587 billion for the three-month period has been …

EditorPartner Communications net profit rises 13.9% (Israel)