Brightpoint Inc. (CELL) received a shot on its arm as the company received a major contract to provide an integrated supply chain management system for the next-generation (4G) WiMAX network. Yesterday, the company announced that it has entered into an agreement with Time Warner Cable Inc. (TWC) to provide transportation management, inventory management, device customization, fulfillment, and reverse logistics for the latter’s upcoming WiMAX venture.   Time Warner Cable, the second largest cable MSO in the U.S., will launch its 4G WiMAX mobile broadband services in three North Carolina markets from Dec 1. Under the brand name of “Road Runner Mobile", this super-fast mobile broadband network will support Internet speed of 6 Mbps. The “Road Runner Mobile" service will provide its subscribers the convenience of mobility so that the customers can enjoy the WiMAX services on their devices anywhere they go within their service circle.   Brightpoint ...

China Mobile (CHL), the world’s largest wireless carrier by subscriber, has revealed its plan to commence the trial run of its 4G network during World Expo 2010 to be held in Shanghai from May 1 to Oct 31, 2010. The company’s 4G service is based on the TD-LTE (Time Division Duplex Long Term Evolution) mobile broadband technology. Roughly 200 participants and 70 million visitors are expected to assemble at the Expo.   China Mobile has recently selected Alcatel-Lucent (ALU) for the responsibilities of design, construction, installation and integration of communication infrastructure to facilitate the 4G network trial. The TD-LTE network will provide advanced wireless services (including high-definition TV and ultra-fast broadband Internet access) to the visitors at the exposition.   The three major Chinese telecom operators China Mobile, China Unicom (CHU) and China Telecom (CHA) are investing heavily in Shanghai to improve the city’s network

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Telefonica (TEF) reported third-quarter 2009 results with earnings per ADS of US$1.88, comfortably beating the Zacks Consensus Estimate of US$1.49. The Spanish telecom giant reported net income of €1.99 billion (US$2.85 billion), down 0.6% year over year, due to lower sales as a result of the beleaguered economy, especially in Spain. Revenue Consolidated revenue fell 5.7% year over year to €14.1 billion (US$20.2 billion). Revenue was impacted by weak contributions from domestic and European markets due to the recession. Latin America contributed 40% of the group revenues followed by Spain at 35% and Europe at 25%. Result by Segments Telefonica Espana The company’s Spanish revenue declined 8.9% to €4.9 billion (US$7 billion), impacted by a reduction in mobile termination rates (inter-operator fees) and the economic downturn. Wireline business revenues fell 9.4% year over year to €2.9 billion (US$4.1 billion) while revenue from wireless ...

Time Warner Cable Inc (TWC) will launch the 4G WiMAX mobile broadband services in three North Carolina markets from Dec 1. The WiMAX connection will offer wireless data transmission at speeds five times faster than the 3G connections currently provided by the company. Under the brand name of “Road Runner Mobile", this super-fast mobile broadband network will support Internet speed of 6 Mbps with a monthly between $40 and $80 for customers with at least one other Time Warner Cable service.  The “Road Runner Mobile" service will provide its subscribers the convenience of mobility so that the customers can enjoy the WiMAX services on their devices anywhere they go within their service circle. The company also said that it plans to add new mobile services in the future, such as the ability to program a DVR from a mobile device and for customers to take their video ...

For Immediate Release

Chicago, IL – September 2, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PetroChina Company Ltd. (PTR), Sinopec (SNP), Total SA (TOT), CNOOC Ltd. (CEO) and Vodafone (VOD).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

PetroChina Sings 'O Canada'

Yesterday, PetroChina Company Ltd. (PTR), the largest integrated oil company in China, agreed to pay C$1.9 billion ($1.7 billion) to acquire a majority stake in two oil sands projects in western Canada.

As per the terms of the agreement with Athabasca Oil Sands Corp.

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China Mobile (CHL) has reportedly accelerated the development process of its 4G (next generation) mobile broadband network. The world's largest carrier has already completed the first phase of trials and is set to commence the second phase in late July or early August 2009.

A successful completion of the second-phase trials (expected by the end of 2009) will pave the way for launching field tests in early 2010. China Mobile has partnered with Vodafone (VOD) and Verizon Wireless (VZ) for the TD-LTE venture and has selected Ericsson (ERIC), Alcatel-Lucent (ALU), Nokia Siemens, Huawei Technologies and ZTE Corp as the primary technology vendors. The company plans to devote approximately 60% of its capital expenditure over the next few years to develop its 4G network.

China Mobile recently accelerated its development plan for TD-LTE due to uncertainties regarding the success of its 3G services based

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