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AT&T China Revenue Up 45 Percent and Ericsson to Supply eAccess' Mobile Network

17 March 2006

Diversified Communication Services industry news provided by Financial News USA (OTC: FNWU) Telecoms giant AT&T Inc. (NYSE:T) said on Tuesday its China revenue grew 45 percent last year, four times the rate for its Asia region, but added that murky regulation had dampened its development in the nation. Revenue in the company's Asia Pacific region grew 11 percent last year, said Steve Lowe, a regional vice president for AT&T, which was acquired late last year by SBC Communications but retained the AT&T name. Research In Motion (RIM) (NASDAQ:RIMM) and Advanced Info Service Public Company Limited (AIS) recently announced the launch of the BlackBerry® 8700g(TM) in Thailand. Operating on AIS' EDGE network, the BlackBerry 8700g provides the ultimate balance of performance, design and function to provide a best-in-class solution for "push" email, phone, text messaging, browser, organizer and access to corporate data applications.


Swedish telecom LM Ericsson (Nasdaq:ERICY) said Monday it has been selected as the main equipment supplier for Japanese broadband operator eAccess Ltd.'s third-generation mobile phone network. The value of the deal was not announced, but analysts said the order was probably worth 5 billion to 10 billion kronor (about euro500 million to euro1 billion; $600 million to $1.5 billion). Ericsson said eMobile, a subsidiary of eAccess, plans to begin offering its services in March 2007. eLEC Communications Corp. (OTCBB:ELEC): Summary of Accomplishments: Total revenue of $15.9 million, Annual revenue is 66 percent higher than fiscal 2004, 46 percent gross margin percentage, Established compliance with 911 emergency calling regulations for Voice Over Internet Protocol (VoIP) services and Added several significant VoIP wholesale customers. eLEC Communications Corp, a wholesale and retail communications provider that offers standard wireline and VoIP telephone services, recently announced results of its operations for the year ended November 30, 2005.


About Financial News USA


Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:


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