Vimpelcom, Russia's second-largest mobile phone operator by subscribers, reported a 47.3% increase in revenue to USD7.162 billion for 2007, leading to a net profit of USD1.463 billion for the year. This equates to an 80.2% increase in net income year on year. While OIBDA amounted to USD3.6 billion, OIBDA margin [...]

Michael B. Krause submits:Overdue for a compelling stock analysis, my selection today is Sigma Designs (SIGM). The once highflying designer of IPTV and Blu-Ray chips is an unnecessary casualty of this tech-hating stock bludgeoning bear market.Michael B. Krause submits:Overdue for a compelling stock analysis, my selection today is Sigma Designs [...]

Ecuador’s total number of internet users increased by 22.5% in 2007 to end the year at 1.01 million, including 318,973 broadband and 689,436 dial-up users, according to data from the country’s telecoms supervisory body Suptel, quoted by BNamericas. In terms of actual subscribers, Suptel previously reported that there were 85,946 [...]

New Zealand state-owned broadband internet provider Orcon is installing equipment in the first five Telecom exchanges to be unbundled. CEO Scott Bartlett said last month that Orcon would soon be able to offer a service to 250,000 households and businesses in Auckland. The company is expected to offer ADSL2+ equipment [...]

Following a four month trial, Australian broadband provider Internode has launched the Naked ADSL2+ service at 450 exchanges, delivering ADSL2+ high speed internet over a dial tone-free copper line, which excludes some traditional telephony functions such as faxing. The launch comes following a network agreement with Optus Wholesale, which increases [...]

Filed under: MiscGulp. FCC chairman Kevin Martin is prepping for a big ol' congressional probe this morning. Martin received a letter today warning that he is being investigated for, "management practices that may adversely affect the Commission's ability to both discharge effectively its statutory duties and to guard against waste, [...]