TeliaSonera launches LTE in Denmark’s major cities
TeliaSonera has announced the launch of Denmark’s first commercial LTE services in the cities of Copenhagen, Aarhus, Odense and Aalborg.
The company, which operates in Denmark under the Telia brand, expects to cover 75% of the Danish population with 4G technology by end-2011. Telia Denmark’s LTE network has been supplied by Nokia Siemens Networks (NSN), while the USB dongles are provided by Samsung.
According to Jesper Brockner Nielsen, Head of TeliaSonera Mobility Services in Denmark, the company is proud of being the first operator in Denmark to offer customers 4G service. They are launching 4G in the largest Danish cities, where there is a high demand for fast mobile broadband services. They have an aggressive rollout plan for 4G and expect to cover 75% of the population during 2011. Telia Denmark’s LTE service is priced at US$70.9 per month.
Ericsson wins LTE contract from TDC (Denmark)
Ericsson, Swedish telecom equipment maker had won a contract to supply Danish operator TDC with a fourth-generation (4G) communications network.
According to the company’s statement, Ericsson will roll out a complete 4G/LTE solution, including radio access and core network equipment, as well as managed services. The company added that the network roll-out will start immediately
According to Industry analysts, the real breakthrough is not possible until 2012-2013.
LTE technology, which is to gradually replacing 3G, enables faster access to mobile Internet services and supports the development of television, videos and photos on mobile phones.
According to TDC, the company wants to introduce 4G in six cities, including Copenhagen, in January 2011.
TDC to launch LTE network by June (Denmark)
www.WirelessFederation.com/news: LTE network will be deployed by ¬Danish mobile network operator, TDC within the next few months. The initial deployment has been planned in Copenhagen and Aarhus and from here the process will extend to the most densely populated areas in the rest of Denmark.
New network will be used in the first phase for testing to gather experience before allowing customers access while the test will be conducted when new modems and telephones are available that can use the LTE network together with the existing mobile network.
According to Carsten Dilling, President of TDC Operations & Wholesale, LTE is one of the cornerstones of TDC’s network strategy which is aimed at giving customers the best broadband experience in Denmark and LTE supports the increasing need for higher network capacity and speed in the coming years, and it is therefore important that the company start using the technology and gather experience as quickly as possible.
The firm has expressed its confidence that one of the licenses that are currently put up for auction will be issued to them.
European Stocks Rise, Led by Vodafone, Telefonica on Earnings
European stocks climbed for a second day after Vodafone Group Plc, the world’s largest mobile-phone company, reported operating profit that beat analysts’ estimates and Spain’s Telefonica SA said earnings rose to a record.
“The bulk of today’s earnings reports look fine,” said Michael Hughes, chief investment officer at Baring Asset Management in London, where he helps to manage $38 billion. “Results from the telecoms sector are promising.”
The Dow Jones Stoxx 600 Index rose 0.2 percent to 359.88 as of 8:55 a.m. in London. The Stoxx 50 added 0.2 percent and the Euro Stoxx 50, a measure for the 12 nations sharing the euro, advanced 0.2 percent.
Companies in the Stoxx 600 are likely to boost earnings by an average 14 percent this year, according to estimates compiled by FactSet Research Systems Inc. in London. At the start of 2006, the forecast was for growth of 9 percent.
European stocks are trading near the highest in almost six years on speculation earnings growth and a wave of takeovers can lift share prices. A report today on inflation in the U.S. may help determine whether markets can sustain gains.
“The question on investors’ minds is whether the market rally can continue,” said Simon Payne, a trader at Ahorro Corp Financiera in Madrid. “It’s very much dependent on the outlook for inflation.”
National benchmarks rose in 15 of the 16 western European markets that were open. The U.K.’s FTSE 100 Index gained 0.4 percent. France’s CAC 40 benchmark increased 0.1 percent and Germany’s DAX Index climbed 0.2 percent.
Vodafone reported a first-half net loss of 5.1 billion pounds ($9.7 billion) after it wrote down the value of the German and Italian units.
`Investor Momentum’
Operating profit, excluding asset sales, rose 5.7 percent to 6.24 billion pounds. That’s higher than 6.06 billion pounds, the median estimate of 10 analysts surveyed by Bloomberg. The shares gained 1.7 percent to 138.25 pence.
“There’s clearly a lot of investor momentum behind the telecom stocks,” said Jesper Kruger, who helps manage about $64 billion at ATP in Copenhagen. “After very weak second-quarter results, expectations were set too low. The telco rally could continue for some time.”
Telephone stocks are this quarter’s second-best performers in the Stoxx 600 after commodity producers.
Telefonica rose 1.1 percent to 15.58 euros. Europe’s second- largest phone company by market value said third-quarter profit rose to a record on one-time gains from the sale of a unit and the takeover of U.K. mobile-phone operator O2 Plc.
Telekom Austria AG advanced 2.2 percent to 19.83 euros. The largest telephone company in the country reported a 16 percent increase in third-quarter profit after earnings from the wireless unit surpassed analysts’ estimates.
Scottish Power
Hochtief AG, Germany’s biggest construction company, fell 2.6 percent to 51.20 euros after it said income rose to 16.8 million euros from 9.98 million euros a year earlier. Analysts surveyed by Bloomberg had predicted a profit of 17 million euros.
Shares of Scottish Power Plc fell 0.5 percent to 740 pence. The U.K. utility that may be bought by Iberdrola SA said first- half net income fell 22 percent. Pretax profit excluding one-time items beat estimates.
Banche Popolari Unite Scrl added 0.7 percent to 21 euros as it agreed to buy Banca Lombarda SpA for 6.15 billion euros ($7.88 billion) in stock to form a bank with Italy’s fourth-largest branch network. Lombarda slumped 4.4 percent to 17.03 euros.
Clariant AG rose 2 percent to 18.9 Swiss francs. The world’s second-largest maker of specialty chemicals will close factories and cut 2,200 jobs by 2009 to boost profit.
Anglo American
Anglo American Plc rose 1 percent to 2450 pence. The world’s second-biggest mining company may spend billions of dollars to develop a coal project in China where demand for power is forecast to grow 8 percent a year until 2010.
Burberry Group Plc fell 1.9 percent to 545.75 pence. The U.K. luxury-goods maker known for its plaid patterns said fiscal first-half profit declined 6 percent because of spending on new stores and computer systems to improve efficiency.
Arriva Plc, the biggest operator of buses in London, dipped 3 percent to 702 pence after UBS AG lowered its recommendation to “reduce” from “neutral,” citing high fuel costs.
Emap Plc, the U.K. publisher of FHM, Zoo and Grazia magazines, gained 2.6 percent to 817 pence after it said first- half profit rose more than fivefold on growth from its radio unit and the sale of Emap France.
Source- bloomberg Wireless Mobile Telecom
