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Qualcomm and Teleepoch Enter Into a 3G CDMA Subscriber Unit License Agreement, October 6, 2007

MTN chooses Cambridge Broadband Networks for multi-service wireless network in Rwanda, October 6, 2007

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KTF 3G service suffers from technical problems, October 6, 2007

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AT&T could drop Alcatel-Lucent as 3G mobile network supplier, October 6, 2007

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KTF 3G subscribers doubled in less than 3 months, October 2, 2007

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Orange to launch 3G in 2003 for UK

December 5, 2002

Orange said on Thursday it expected to rollout full commercial 3G service in UK next year but plans for other countries would be put on hold.

"Over the next three years, Orange will materially strengthen its financial position and this will materially strengthen our ability to take advantage of future strategic opportunities," said Graham Howe, deputy CEO and chief operating officer.

"Outside the UK we have delayed implementation of 3G," he said, and refers to the development in Sweden as 'currently on ice'.

But he said the company does not plan to write down the value of 3G licenses to reflect the delayed launch schedule. "There are no immediate plans to write down licenses. We will review that at the full year," said Howe.

The company said it expects to generate net cash flow from 2003 to end 2005 at some €5-7 billion higher than the current market consensus.

"The €5-7 billion net cashflow improvement means we will be debt free in the next two to three years," he said, adding that is ahead of analysts forecasts by about two years.

Orange's parent company France Telecom unveiled a massive restructuring programme and confirmed plans for a €9 billion government bailout.

 


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