NEC undertakes LTE Field Trial with Telefonica Moviles Argentina
Japan’s NEC has announced its participation in an LTE field trial with Telefonica Moviles Argentina, the largest mobile carrier in Argentina, and a subsidiary of Spain’s Telefonica. The trial is scheduled to be held between November and mid December in Buenos Aires, Argentina with the cooperation of Telefonica Moviles.
NEC will offer a total LTE system, including terminals, base stations and core networks. NEC will also run mobility testing such as throughput measurement from a fixed point, handover between networks and latency test. The trial is the first in the AWS band in Central and South America.
According to Kazuya Hashimoto, General Manager of NEC’s Mobile Access Network Division, NEC is honored to participate in these LTE field trials with Telefonica, which are a continuation of laboratory testing. They have successfully achieved approximately 100 testing items in the previous tests and they are confident that they can contribute to the success of this trial.
Telecom Argentina Q3 net profit rises 47%
Telecom Argentina SA, one of the country’s largest phone companies has unveiled its Q3 results. The company’s net profit increased 47% on the year.
According to the Chief Executive Franco Bertone, net profit was US$112 million, up from US$76.62 million during the third quarter of 2009. Sales for the quarter rose 21% to US$960.92 million. The company’s earnings for the first nine months of the year increased 30% to US$328.73 million, and sales for the same period increased 18% to US$2.65 billion.
Telecom Argentina is the major local telephone company for the northern part of Argentina, including the whole of the city of Buenos Aires. Telecom Argentina’s local telephone market, together with Telefonica de Argentina in the southern part of the country, was part of a duopoly until October 8, 1999. Telecom also operates mobile phone service Personal and Internet service provider Arnet.
Siemens in Negotiations to Build Two Power Plants in Argentina
Oct. 11 (Bloomberg) — Siemens AG, Germany’s largest maker of turbines that produce electricity, said it’s in talks with Argentina’s government to build two power plants in the country.
Siemens is the last remaining negotiating partner for the contract after rivals Alstom SA of France and Mitsubishi Corp. of Japan dropped out of the bidding, Konstanze Tauber, a Siemens spokeswoman, said via telephone today.
Citing a statement by Argentina’s government, newswire Reuters had reported that the authorities already awarded the contract to Siemens. The order is worth about $1 billion ($1.3 billion), Reuters said.
No contract has been signed yet, Tauber said. She declined to speculate about the potential value of the contract. Argentina wants to build one plant in the Santa Fe province and the other one in the Buenos Aires province, Tauber said.
Source- http://www.bloomberg.com
