Telkom may acquire stake in troubled Bakrie Telecom (Indonesia)
www.WirelessFederation.com/news: PT Telekomunikasi Indonesia (Telkom), Indonesia’s dominant telecommunication group plans to acquire a stake in rival telco Bakrie Telecom.
In order to settle debts of more than USD1.2 billion, Indonesian family-run business group Bakrie & Brothers announced in October 2008 that it was looking to sell stakes in several of its major subsidiaries. Telkom’s announcement confirmed the speculations regarding the ownership of the company and its financial trouble for more than a year.
However, according to a report by CommsUpdate, the group’s Esia brand of wireless communication products and services is planning to merge with or buy other rival telecom companies in 2010. The company has taken this move to deal with competition in the market which the company describes as an intense one.
Cingular Unveils HSDPA Handset from Samsung
Samsung Telecommunications America took the wraps off of its first high-speed downlink packet access (HSDPA) handset in the United States. Cingular Wireless has signed on as the exclusive U.S. provider of the SGH-zx20.
The HDSPA handset supports video streaming, high-speed Web browsing and software downloads over Cingular’s 3G HSDPA network. The handset, according to the companies, supports a variety of messaging and multimedia capabilities, including the Cingular Video service. The device supports the ability to talk while downloading multimedia applications.
Cingular is offering the quad-band handset for $99.99, after a $50 mail-in rebate and a signed 2-year service agreement.
Cingular says it is on target to launch its 3G coverage in most major U.S. markets before the end of the year. The Broadband Connect service debuted in 2005 and is now available in more than 60 cities and towns.
In Japan, NTT DoCoMo recently unveiled its first HSDPA handset, the 3G Foma N902iX High-Speed. The handset will be available beginning Aug. 31 when DoCoMo and its eight subsidiaries launch an HSDPA service.
Source- http://www.wirelessweek.com
Technorati : Cingular, Mobile, Samsung
Ice Rocket : Cingular, Mobile, Samsung
