October 29, 2007 - Verizon Q3 brings growth in wireless, FiOS TV

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October 29, 2007 Sign up Forward Archive Advertise Read more at SmartBrief.com News for telecom industry leaders Search recent stories:       News of the Day    Verizon Q3 brings growth in wireless, FiOS TV Verizon Communications added 1.6 million wireless customers and 202,000 FiOS TV customers in the third quarter, the company reported today. Additions in customers getting high-speed Internet came in at 229,000. Total revenue was up 5.8% to $23.77 billion. The Wall Street Journal/Dow Jones Newswires (subscription required) (10/29) , The Washington Post/Associated Press (10/29) , Forbes/AFX News Limited/Thomson Financial (10/29)   Business & Industry Watch    Covad going private Covad Communications has announced a definitive agreement to be acquired by private-equity group Platinum Equity. The deal is expected to be completed in the second quarter of 2008. TMC Internet Telephony (10/29) Alcatel-Lucent sells Avanex stake Alcatel-Lucent has sold its 12.4% stake in Avanex to Pirelli in a deal valued at $48.13 million. Reuters (10/29) Ericsson expands multiyear contract with AT&T Ericsson announced today that AT&T had extended its contract for an additional three-and-a-half years. Ericsson provides real-time charging, hosting and management services for AT&T's prepaid GoPhone service. Reuters (10/29) Bharti plans $5 billion in overseas acquisitions Bharti Airtel sees a big future in international acquisitions, and Chairman Sunil Mittal says the company could spend $5 billion on overseas expansions efforts. Meanwhile, the company's joint venture with Wal-Mart will continue despite predicted losses because of high rents. The Wall Street Journal/Dow Jones Newswires (subscription required) (10/29) Broadband to Go! Want to provide end-users with the ability to access their broadband services while they are on the go? Nokia Siemens Networks Mobile Broadband end-to-end solutions can provide any operator with a painless Mobile Broadband migration using our WCDMA/HSPA, iHSPA, WiMAX and LTE solutions. Learn more. USTelecom Spotlight Free webinar: Next Generation Network Cost Management for Carriers Register now for a free, 60-minute webinar at 1 p.m. (ET) Thursday, Nov. 1, sponsored by Razorsight. Gain insights into how forward-thinking carriers are embracing innovative, on-demand technologies to automate their network cost management processes. Learn how to better manage your network costs and reduce expenses with innovative, affordable solutions that require no upfront investment. Learn more and register today! Learn more about USTelecom -> NXTcomm  |  News  |  Join USTelecom  |  Bookstore  |  Webinars   Hot Topics    Top five news stories selected by USTelecom dailyLead readers in the past week. AT&T files patent suit against Vonage (InformationWeek) AT&T offers sneak peak at the future of IPTV (Telephony Online) Verizon announces "symmetrical" FiOS plan (Yahoo!) AT&T gets a boost from wireless biz, acquisitions (The Wall Street Journal) Time Warner Telecom files FCC appeal of AT&T forbearance order (CNNMoney.com) Results based on number of times each story was clicked by readers.   Technology Trends    African Internet boom said to be around corner Internet access in Africa is likely to soar in the next few years, with more than a third of Africans expected to have access to broadband services by 2012, experts at the Connect Africa technology summit in Rwanda said. Broadband penetration on the continent now hovers at less than 1%, and only an estimated 4% of Africans use the Internet. BBC (10/29) Cisco CEO: On track to complete $1.1 billion investment in India Cisco CEO John Chambers says that the company is on its way to completing its planned $1.1 billion investment in India and that it will employ 10,000 people there by 2010. Reuters (10/29) Sprint may let departing customers use their phones elsewhere As part of a settlement in a class-action lawsuit, Sprint Nextel has offered to allow former Sprint PCS customers to use their phones on any CDMA network. Customers' bills would have to be paid up and their phones deactivated before the unlocking codes would be provided, according to this article. International Herald Tribune/Associated Press (10/28) Google lists mobile platform as a major initiative Google will likely bid for spectrum during the upcoming January auction, according to Chief Executive Officer Eric Schmidt. Google remains dedicated to introducing a software-and-services "platform" for mobile phones designed to support a wide range of handsets. MSNBC/FT.com (10/28) Become more competitive, expand your business advantage and drive innovation through technology. Learn how to better respond to marketplace needs and deliver real business value. View our white papers and listen to our podcasts to learn how to accelerate delivery of new products, speed time-to-market and grow your business.   IP Download  Skype and 3 mobile phone launches Skype and mobile group 3 announced today that their new 3 Skypephone will go on sale in 3's stores in the U.K. on Friday. The phone will allow users to make free Skype-based calls and IMs. The companies anticipate selling "several hundred thousand" phones before the end of the year. The Boston Globe/Reuters (10/29) The Buzz(CORPORATE ANNOUNCEMENTS) Carriers across the US are leveraging Mid-Band Ethernet services to grow their networks and generate new revenue opportunities. You can hear for yourself how companies such as XO Communications and Expedient are deploying Mid-Band Ethernet with great success. Visit www.hatterasnetworks.com to watch the video presentations. Electro-Wire, Inc. is a leading provider of interconnect wire, cable, and cable assemblies to the Telecom industry for 20 years. Three strategic locations provide same day shipments of Central Office Power cable "Telcoflex", Coax cable DS3, DS1, and other multipair cables cut to order lengths. Make the connection with Electro-Wire, Inc. Interested in learning more about advertising in the USTelecom dailyLead? Contact Eric Hoffman at 773-549-3868 or ehoffman@smartbrief.com.   Regulatory & Legislative  FCC aims to bring more video options to apartments The FCC, in a move the agency and consumer groups say they believe will stimulate competition, on Wednesday is set to approve a rule that will end contracts that limit apartment residents to choosing from one video provider. If adopted, the new rule will be considered a win for consumers, according to this article. The New York Times (10/29) Mobile group writes new download rules Telecom and Vodafone have devised a draft code of conduct concerning premium mobile service offerings, The New Zealand Herald reports. "The aim for everyone involved ... is to get some kind of middle ground where we've got a clear code of conduct -- rules to protect the consumer so that consumers are aware of the cost and frequency of the message and to guarantee quality," said Run the Red director Ben Northrop. The New Zealand Herald (10/29)   LeadQuote  Happiness is found in doing, not merely possessing." --Napoleon Hill, motivational author       This dailyLead was created for webmaster@freeraovat.com Subscriber Tools       Update account information |  Change e-mail address |  Unsubscribe |  Print friendly format |  Web version |  Search past news |  Privacy policy Advertise Sales Account Director:  Eric Hoffman 773-549-3868 Download Media Kit   Read more at dailyLead.com A powerful Web site for dailyLead readers including: Breaking News Industry Home Competitor News Readers' Choice Press Releases Search Archive       Recent USTelecom dailyLead Issues: Friday, October 26, 2007 Thursday, October 25, 2007 Wednesday, October 24, 2007 Tuesday, October 23, 2007 Monday, October 22, 2007     Lead Editor:  Susan Rush       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005     © 1999-2007 SmartBrief, Inc.® Legal Information