European Competitive Telecommunications Association

19 Mar

Cagliari, 19th March 2008 -Tiscali’s Board of Directors has approved the 2007 draft financial statements. The results confirm the objectives of the Strategic Plan

Furthermore, as the first step in the process of evaluation of options of generating value for shareholders in light of the ongoing consolidation process in the telecommunications sector in Europe, the Board of Directors has decided to appoint a financial advisor. It has therefore mandated the CEO, Mario Rosso, to choose such advisor within qualified financial institutions with whom preliminary contacts have been already initiated.

The Board of Directors has also confirmed the targets of the Strategic Plan as presented to the market last November.

Read the press release

16 Mar

Also following the successful completion of the capital increase transaction, the Board has then determined that the phase of strategic repositioning and financial strengthening of the last two years is completed.

Tommaso Pompei, in agreement with the Company, has therefore renounced his powers, intending to remain as Director until the ordinary expiration of the term of the entire Board, and as such, until the approval of the 2007 financial statements. The Directors Gabriele Racugno and Rocco Sabelli have resigned with immediate effect.

07 Mar

WESTFORD, Mass., March 04, 2008 – Sonus Networks, Inc. (Nasdaq: SONS), a leading supplier of service provider IP-voice infrastructure solutions, announced today that Synergy Research Group, a leading independent industry research firm, reported that Sonus grew more than twice as fast as the industry average in key segments of the next generation voice solutions industry during Q4 2007 versus Q3, and increased its market share leadership position for 2007 as a whole.

In Q4 2007, Sonus ranked #1 in the global high density gateway market segment with 34.3% and 20.1% for the total global VoIP gateway segment. For the full year 2007, Sonus outpaced the market securing #1 market share in the global high density gateway segment with 32%. In the total global VoIP gateway market, Sonus' annual performance of 19% moved the company from #3 in 2006, to #1 in 2007.

07 Mar

The Cuatrecasas Partners Meeting named 19 new partners at the meeting in Madrid last Friday, March 7.  The new partners are Pedro Amat, Antonio Bartolomé, Juan Bonilla, Héctor Bros, Jorge de Juan Casadevall, Pedro Claros, Pablo Cubel, José María Echeverría-Torres, Pedro A. Fernandez, Alberto Fortún, Juan Carlos Hernanz, José María Macias, Manuel Mingot, Antonio Rocha, Jesús Antonio Pérez de Gregorio, Paulo Sá e Cunha, Ignacio Sanjurjo, Teresa Simoes and Meritxell Yus.

05 Mar

Cuatrecasas was presented in London with the “European Law Firm of the Year" prize awarded by Legal Business, one of the major legal accolades that has almost always gone to British firms.

With growth of 18.6% in 2007, the firm’s earnings amounted to €224.76 million in a period characterized by its leadership in M&A operations.

Cuatrecasas has just received the European Law Firm of the Year 2008 prize from Legal Business, the specialist journal published in Great Britain. It was the only continental firm to receive an award from Legal Business, which took into account its “increased market share, a stellar financial performance, a successful recruitment strategy and client development program across the European markets in which the firm operates.”

28 Feb

WESTFORD, Mass., February 28, 2008 - Sonus Networks, Inc. (Nasdaq: SONS), a leading supplier of service provider IP-voice infrastructure solutions, today reported preliminary financial results for the fourth quarter and fiscal year ended December 31, 2007.

Revenues for the fourth quarter of fiscal 2007 are expected to be $97.1 million, compared with $76.6 million in the third quarter of fiscal 2007 and $79.0 million for the fourth quarter of fiscal 2006. Revenues for the year ended December 31, 2007 are expected to be $320.3 million, compared with $279.5 million for the year ended December 31, 2006.

18 Feb


ECTA urges European policy-makers to approve powers for functional separation as competitive impetus wanes

Brussels, 18 February 2008 – The pro-competition body ECTA, today called for stronger powers for regulators to implement competition rules, as it publishes the results of its twice-yearly survey on broadband take-up and competitiveness in Europe. The survey shows that while one in five people (20%) in Europe now subscribe to a broadbandreduced across Europe, with the retail market share of incumbents persisting at close to 50% and connection, competitive impetus has reduced across Europe, with the retail market share of incumbents persisting at close to 50% and slow growth of 10% in broadband connections.

Click here to see full press release

13 Feb

BARCELONA, Spain and WESTFORD, Mass., February 13, 2008 – Sonus Networks, Inc. (Nasdaq: SONS), a leading supplier of service provider IP-voice infrastructure solutions, today announced the latest release of its industry-leading software platform. Sonus Release 7.1 delivers a new level of IP-voice capabilities, further leveraging Sonus’ field-proven distributed architecture for growth markets such as wireless, business services and emerging geographies.

Sonus Release 7.1 solves many of the challenges for operators in Eastern Europe, Russia and Southeast Asia through signaling and regulatory support that these operators must deliver, including local number portability and lawful intercept enhancements. This latest software platform reduces capital and operating costs with new voice codec support to efficiently combine mobile and fixed line traffic.

12 Feb

BARCELONA, Spain and WESTFORD, Mass., February 12, 2008 – Today at Mobile World Congress (Booth #2E58 & 2E66) in Barcelona, Spain, Sonus Networks, Inc. (Nasdaq: SONS), a leading supplier of service provider IP-voice infrastructure solutions, showcased its Centralized Call Routing Database. Demonstrating its commitment to wireless operators around the globe, Sonus Networks’ Centralized Call Routing Database answers wireless network operators demands for advanced IP solutions that drive network efficiency and streamline the rollout of network expansions.

“Mobile operators around the globe are addressing consumers’ insatiable appetite for wireless services and increased connectivity. With flat-rate pricing plans and increasing competition, network efficiency is a prime concern in the mobile industry,” said Vikram Saksena, chief technology officer, Sonus Networks. “Sonus is continually advancing its mobility solutions to improve wireless networks efficiency, which translates into valuable cost savings.”

08 Feb

WESTFORD, Mass., February 8, 2008 – Today’s mobile operators are moving rapidly toward next-generation wireless technologies that provide enhanced consumer experiences both in the home and at work. At Mobile World Congress 2008, Sonus will demonstrate solutions that enable mobile operators to not only expand their features, but also reduce operating costs. Held in Barcelona, Spain from February 11th – 14th, operators from around the globe will experience the capabilities that Sonus brings to their mobile broadband networks and how a Sonus wireless solution can leverage this broadband network for voice, while personalizing the consumers’ overall experience.

With more than 13 billion minutes of wireless IP-Voice traffic running across its networks, Sonus has established a foothold in this rapidly growing segment of the market. Underscoring, the Company’s commitment to bringing IP-Voice to the wireless market, Hassan Ahmed the Company’s chairman, president and chief executive officer, has been invited to participate in the GSMA Leadership Summit on February 11th. This distinguished event brings together CEOs from the world’s most influential mobile companies to discuss the issues that impact the future of the mobile world. Last year’s event set in motion many of the GSMA's central strategic initiatives.

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