Omantel Q4 net profit rises by 5%

www.WirelessFederation.com/news: 5% year-on-year increase in the net profit to OMR125.2 million (USD323.9 million) has been reported by Oman Telecommunications Company (Omantel). However, due to increased competitions, sales rose by less than 1% to OMR412 million while net income after tax climbed to OMR125 million during 2009 from OMR119 million.

In a in a move to reduce costs and make savings starting 2010 onwards , the company expects to make savings of about OMR2.8 million from voluntary redundancies it offered in 2009.

4Q09 net profit at OMR19.4 million is based on previous financial statements and is up from OMR9.7 million in the same quarter.

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www.WirelessFederation.com/news: Huawei, a Chinese equipment vendor has been awarded an OMR10 million (USD25.9 million) contract by Oman Telecommunications Company (Omantel) to expand the incumbent fixed line operator’s next generation network (NGN).

Huawei superseded US equipment maker Cisco Systems, French company Alcatel-Lucent and Swedish mobile phone manufacturer Nokia to break the deal.

www.WirelessFederation.com/news: Pannon CEO Anders Jensen has appointed Dr. Balázs Biró to head the djuice team as of 1 September. Balázs Biró is moving to the top position of the youth brand from the post of Pannon’s Legal Director. His official title will be Chief Commercial Officer of djuice, responsible for the entire djuice brand management. He will also become a full-fledged member of Pannon’s Management Board.

“I am pleased to appoint Balázs to head the djuice team. I am confident that his outstanding professional and management skills will enable him to make a major contribution to the continued success and growth of djuice”, said Anders Jensen, CEO of Pannon.

dr. Balázs Biró (36) joined Pannon in 2001 where he was appointed to Legal Director in 2004. He graduated from the Law School of Eötvös Loránd University and speaks fluent English, Italian and German.

“I’m very enthusiastic to join the djuice team and can hardly wait to get down to work. I believe that djuice world and services are still going to be fascinating and successful among the youngs” said Balázs Biró upon his appointment.

Djuice is Pannon’s youth brand targeting customers using their mobile phone both for calls and entertainment. Djuice has been present in Hungary since 2003. The rebranding programme completed in April 2009 brought many changes to djuice including new additions to its services portfolio. Djuice is a key venture for which Pannon has high hopes in the future. Its success will make a major contribution to the future success of Pannon.
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www.WirelessFederation.com/news: According to NHH’s latest figures, Hungary’s active mobile subscriptions rose from 16,000 to 10,660,000 in July. The total mobile phone subscription droppen from 11,889,000 in June to 11,888,000 in July and the active subscriber base rose by 324,000 since July’08.
The number of mobile phone subscriptions per hundred inhabitants stood at 118.6% in July, up from 115.5% a year earlier.
Of the total active subscriber base, T-Mobile had a 44.59% share, up from 44.53% in June, while Vodafone’s share hiked to 21.91% from 21.88% and Pannon’s share dipped to 33.51% from 33.59%.

www.WirelessFederation.com/news: GLO Mobile, the Nigerian mobile operator has launched international multimedia messaging service (MMS), the first of its kind in Nigeria. The service allows subscribers to exchange MMS with their loved ones in 10 nations across the globe at the cost of N100 only.
The international MMS destinations already covered by the service include Norway, UK, Saudi Arabia, China, Pakistan, Oman, Switzerland, Portugal, Hungary, and  Liechtenstein.

Glo’s head of gateway division, Ibrahim Fadipe said the telecom giant plans to extend the international MMS destinations aggressively in the coming months.

www.WirelessFederation.com/news: MTel has posted a drop of 26.6% year-on-year in second-quarter net profit and trims its revenue and profit guidance for the full year amid  economic recession. The net income reported to be HUF23.13 billion (USD124.9 million) for the period under review, compared with HUF31.50 billion in the three months ended 30 June 2008.

Group revenues plunged by 6.9% to HUF161.09 billion with the government of Hungary predicting the wider economy will contract by a full 6.7% in 2009. EBITDA in Q2 dropped by 11.8% year-on-year, slightly better than market expectations, as cost cutting initiatives offset some of the impact of lower turnover, MTel said.

‘Based on the first half results and taking into account the unfavourable economic environment foreseen for the second half of the year, Magyar Telekom now expects a revenue decline of approximately 2% and an underlying EBITDA decline of up to 5% for the full year compared to a 2008 level,’ the company said.

www.WirelessFederation.com/news: Pannon today announced financial results for its fiscal second quarter. The company continued investments in mobile broadband technologies, and partly compensated the decrease of handset related and voice retail revenue by higher mobile internet revenue.

Revenue in Q2 ’09 was HUF 1.7bn lower than in 2008 Q2 mainly due to the decrease of interconnect revenues as a result of termination fee cut from January 2009. Voice retail revenue slightly decreased because of lower average-minutes-per-user, while reduction of revenue was partly compensated with higher Mobile Internet related revenue.

All above reasons affected the blended ARPU development in local currency, that is 8% lower level compared to a year before. Handset related revenue also decreased due to the lower sales volume.
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www.WirelessFederation.com/news: NHH, the Hungarian regulator has reportedly released a data on the mobile subscribers across the nation for the month of June. The data unveils that the subscriber base dropped by 23,323 in the month of June to 11.88 million.
Pannon saw a drop in its market share from 34.87% to 34.73%, Vodafone’s remained almost unchanged at 21.06% compared with 21.07%, while T-Mobile’s slice of the pie grew to 44.21% up from 44.07%.
Active subscriptions, however, increased from 10.63 million in May to 10.64 million in June.

www.WirelessFederation.com/news: Viettel, the Military run Vietnamese telco has introduced international roaming service for its prepaid subscribers. The subscribers who have a balance of at least 200,000 VND can sign up for the service b sending a SMS “CVQT” to 138.
Viettel Telecom’s Director Hoang Son said his firm will initially provide international roaming service to 21 countries and territories worldwide, such as Hong Kong, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Russia, France, Germany, the Czech Republic, Australia, Canada, the US, Belgium, Portugal, Greece, Hungary, Sweden, Turkey, Ukraine, and Kazakhstan.

www.WirelessFederation.com/news: Pannon is offering a new mobile internet promotion dubbed as Night & Day promotion. This promotion will run from 1 July to 31 July and will allow subscribers to stay online 24×7. The service offering mobile Internet with no overspending within Hungary to subscribers signing a one- or two-year loyalty agreement will have a fixed monthly rate of HUF 6,240 starting from 1 July.
Subscribers signing a two-year loyalty agreement will get the service providing unlimited usage for normal use at a 50% discount in the initial six months and they will also receive a modem or other data transmission device free of charge.