********************************
PricewaterhouseCoopers Presents
The TelecomDirect News Daily Update
For October 27, 2006
********************************

Rostelecom and Beltelecom Construct Fibre-Optic Communications Line
http://www.telecomdirectnews.com/do.php/150/20765?11228

     Russia's fixed-line, long-distance incumbent Rostelecom and
     Belarusian fixed-line monopolist Beltelcom have agreed a deal for
     the construction of a fibre-optic communications line, reports
     Novecon.  When the project is completed the line will have a
     capacity of 400 Gbps. Fibre-optic cables have already been laid
     on the border between ...

Professor Calls for Spectrum Reform
http://www.telecomdirectnews.com/do.php/140/20758?11228

     WASHINGTON -- The coming transition of spectrum from broadcasting
     applications to commercial wireless applications presents a
     unique opportunity to change the way spectrum is managed in the
     United States, said a noted public policy professor today. In a
     paper presented at a conference on public safety spectrum and
     communications, ...

Cisco Adds More Mobile To Convergence Plans
http://www.telecomdirectnews.com/do.php/150/20756?11228

     Earlier this week, Cisco said it was writing a $31 million check
     to buy privately held Orative Corp., which comes with an
     application that will allow Cisco to extend its Unified
     Communications portfolio to such wireless handhelds as cellphones
     and smartphones.  The deal is set to close in Cisco's 2007
     fiscal second quarter ...

September Funding Flows Toward Mobile
http://www.telecomdirectnews.com/do.php/120/20753?11228

     Of the 39 digital media startups that received venture capital
     funding in September, 15 are developing products and services
     around mobile devices.  That factoid comes from San
     Francisco-based Rutberg & Co. , which keeps tabs on venture
     capital and merger events involving digital media
     companies. "The pace of venture ...

Sprint Nextel Struggles Continue
http://www.telecomdirectnews.com/do.php/120/20750?11228

     Sprint Nextel Corp. reported another downbeat quarter today, with
     earnings down 52 percent and poor subscriber numbers for the
     three months that ended on September 30th. The No. 3
     U.S. cellular operator, Sprint reported net income of $247
     million for the quarter -- down from $516 million a year earlier,
     despite a 35 percent ...

Your feedback on our e-letter is always welcome. Send email to:
TelecomDirect Editor <telecom_direct_edi...@us.pwc.com>

Copyright (C) 2006 PricewaterhouseCoopers.