Alcatel-Lucent paves the way for Ukraine’s Kyivstar regards next generation GSM & IP networks with all IP network transformation.
Alcatel-Lucent (ALU) today announced that it has been selected by Kyivstar GSM, the largest operator in Ukraine, to design, install, and maintain a country-wide Metropolitan transmission packet based IP/MPLS network as part of [...]
Brazil’s economy grew at an annualised rate of eight percent in the third quarter and the result for the final three months of the year will be roughly equivalent, according to Finance Minister Guido Mantega.
After growing 1.9% in the second quarter, real gross domestic product growth in the third quarter relative to [...]
December 13, 2009 | Posted in
Economy |
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North Korea’s government has reportedly sparked panic buying by its citizens after it announced plans to redenominate the won.
North Koreans have been given until Sunday to exchange their old currency for the new one, but the government has limited the maximum number of notes that can be converted, according to media reports.
The [...]
December 6, 2009 | Posted in
Economy |
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Norways Telenor Group launches new operator across India: Uninor launches across seven circles, encompassing 600 million end users.
Telenor’s Indian mobile operation, Uninor, today announced the launch of its mobile services in seven Indian telecom circles, making it the largest single day launch in the telecom history. On the first day of service [...]
In Q3 2009 Rosneft’s revenues increased by 19.2% quarter-on-quarter, to USD 13,048 mln.
The increase was due to higher crude oil and petroleum product prices, growth of crude oil production volumes and refinery throughput. In 9M 2009 revenues amounted to USD 32,259 mln, a decrease of 44.6% year-on-year. The decrease was primarily [...]
November 26, 2009 | Posted in
Energy |
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Argentina’s economy will lag other countries in the region, expanding between 2% & 2.5% next year and recovery will be “much slower” in the post 2008 crisis than in previous years when the country enjoyed growth rates of 6% to 7%, according to economist Nouriel Roubini.
Speaking in a teleconference with Buenos Aires, Roubini [...]
November 25, 2009 | Posted in
Economy |
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Ford Motor Company has announced a 5 year plan to finance expansion into the growing Brazilian market.
The plan includes boosting the capacity of it’s existing Camacari facility, which manufactures the Fiesta small car & also upgrading & modernizing the Troller plant that builds utility vehicles, said Jennifer Flake, a spokeswoman, Ford will also invest in infrastructure to [...]
Looking at the Latin-American market from an economic point of view, we can see that there are a number of reports & indicators coming out, particularly from Brazil, Chile & Argentina, that the continent is bouncing back from the global recession a lot quicker than it’s Western counterparts.
Normally with stockpicks, I tend to focus [...]
The cooling of the Romanian economy & near saturation of the market have resulted in lower earnings for the country’s telecommunications sector. There are signs that competition is about to increase the pressure on sector players even further.
Romania’s GDP fell 6.2% in the first quarter of 2009 compared to the same period in 2008, with [...]
Though international oil and gas prices have fallen steeply resulting in the economies of many countries in the Middle East facing negative growth and large-scale cut backs in energy projects, Qatar stands out as an exception.
Though the country’s hydrocarbons sector and the economy it underpins will not enjoy the same heady rates of growth seen [...]
November 18, 2009 | Posted in
Energy |
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