Industry Insight
Get to know VoIP. This section contains information and news related to the Voice Industry, and in particular, Voice over Internet Protocol. Nexo Communications, LLC is not responsible for the content of external links.
Megacable unlikely to launch mobile voice before early 2011 -
Mexican cableco Megacable has revealed that it may delay its launch of mobile voice services until early 2011 having not yet signed a deal with a partner for the introduction of such services. According to Reuters, Megacable CEO Enrique Yamuni had previously suggested in May 2010 that the cableco would link up with Telefonica with a view to inaugurating mobile services by the third quarter of 2010, but it has been revealed that no concrete arrangement between Megacable and Telefonica has been reached yet. It is understood that negotiations between the two companies are still ongoing, although it has also been suggested that the former could still consider a tie-up with Mexican broadcast giant Televisa.
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Telesp: Q2 net profit climbs 10% to USD393m -
Telecomunicacoes de Sao Paulo (Telesp), a fixed line telecommunications company in Brazil’s Sao Paulo state, booked consolidated second quarter net profits of BRL695 million (USD393 million), up 10% from BRL630.3 million in the second quarter of 2009. Gross operating revenue reached BRL5.299 billion, it said, down from BRL5.383 billion previously, while EBITDA of BRL1.515 billion continued to show a recovery trend related to previous quarters, despite falling 3.9% when compared with 2Q09. CAPEX in the second quarter of 2010 was BRL461.1 million, equivalent to 11.8% of the operator’s net operating revenues, compared to 12.7% in 2Q09.
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