Huawei pulls products
Chinese equipment giant, Huawei Technologies, has reportedly pulled its routers and switches from the US market as a result of Cisco Systems’ suit against the company for intellectual property piracy. Published reports indicate that Huawei and its distribution subsidiary, Futurewei Technologies, removed its Quidway switches and routers from its US Web site and was recalling the products it sold in the US. The move appears to be a victory for Cisco, which filed suit in the US District Court for the Eastern District of Texas last month claiming that Huawei unlawfully copied and misappropriated software, copied documentation and other copyrighted materials, and infringed numerous Cisco patents.
Optus boosts SingTel figures
A strong showing by Optus and several other overseas subsidiaries has enabled Singapore Telecommunications (SingTel) to lift revenue by 9.5 per cent and net profit by 2 per cent in its latest financial quarter. Optus posted a $22 million profit for the quarter compared to a loss of $39 million for the same quarter last year. Revenue came in at $1.45 billion, an increase of 16 per cent over the previous year. The SingTel group now expects Optus to be cash-flow positive in the current financial year. It originally predicted such a task would take another 12 months to achieve.
DIY broadband kits on sale
Telstra plans to make BigPond ADSL Self Install kits available in more than 400 of its shops and dealers by the end of the month. The move is a continuation of its push towards its target of increasing its broadband subscribers from 250,000 to one million by 2005. Based on an 18-month contract, the kits include a modem with either USB or Ethernet connectivity, filters and related software. They are distributed solely by Tech Pacific and sell for $129, a saving of $120 on having ADSL installed by the vendor. The kits have been available directly from the telco since July.