T-HT posts a drop of 2.9% y-o-y in net income (Croatia)
www.WirelessFederation.com/news: T-Hrvatski Telekom (T-HT) has posted a drop of 2.9% year-on-year to HRK1.1 billion (USD210 million), in net income. The Deutsche Telekom subsidiary, which includes mobile unit T-Mobile Croatia, blamed the drop in profitability on restructuring costs, where as it said the slight increase in turnover was driven by growth in its customer bases for fixed broadband internet access, mobile telephony and mobile data services.
Alcatel-Lucent deploys LTE network in Canada
www.WirelessFederation.com/news: Alcatel-Lucent has been awarded a ‘multi-million dollar’, three-year contract to help build Globalive Wireless’ new nationwide 3G/3.5G mobile network in Canada, according to a report.
As per the agreement, Alca-Lu will supply Globalive with LTE-ready 3G radio access network equipment including radio network controllers, node Bs (base stations) and a flexible wireless network management system, and will also deliver solutions for the start-up’s mobile backhaul requirements, including deploying IP service routers, service aggregation routers and microwave packet radios, whilst also providing professional services including site acquisition and construction, radio frequency network design and optimisation as well as overall network planning and design.
Qwest reports net income of USD212 Mn in June’09 (USA)
www.WirelessFederation.com/news: Qwest Communications has posted net income of USD212 million in the three months ended 30 June 2009, a 17.8% year-on-year rise, up from USD180 million in 2Q08. The revenues dropped from USD3.38 billion in 2008 to USD3.09 billion a year later. In this quarter, operating expenses fell by USD219 million, or 8%, in comparison to the second quarter of 2008, ending June 2009 with USD2.59 billion. The decline is attributed to a 19% decrease in sales costs due to reduced facility costs and a decline in wireless MVNO-related expenses.
In the broadband segment, the company reports a 7% year-on-year rise in subscribers. The firm ended June with a subscriber base of 2.92 million.
