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SPECIAL REPORT

The value of functional separation
Since last November's announcement of proposals to reform Europe's telecommunications regulatory framework, and the accompanying speeches of intent from EU Information Society Commissioner Viviane Reding, the issue of functional separation of incumbent operators has become an increasingly hot topic in the EU - and the flames are spreading globally.

VIEWPOINT

Italy keeps bankers awake
With the mood among Western European bankers ranging from bored to despairing this month, deals - or the potential for deals - in Italy provided fertile ground for speculation. The prospect of M&A in Italy, which has just re-elected billionaire Silvio Berlusconi to his third term as prime minister, appears to entertain and frustrate in equal measures.

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PEOPLE

The Mobile World Feature Article: India breaks all-time net adds record
In January 2008 India broke the all-time record for organic monthly net additions for the third time in six months, adding the greatest number of new connections ever seen in any market in the history of the mobile world. A total of 8.63m new connections were made, exceeding the previous high of 8.23m to take the national customer base over 238m. The boom in the Indian market is happening in both the GSM and CDMA sectors as both technologies set their own records for organic net additions in the first month of the year. Including estimates for Reliance, whose reporting still lags by a month, GSM net additions increased in number to 6.54m in January - beating the previous best of 6.24m set in August 2007. In the CDMA department we believe the 2.088m new connections made in January 2008 to have just surpassed the total set in November 2007 by the smallest of margins.

EVENTS

TelecomFinance Middle East & Africa 2008
Wed May 21, to Thu May 22 , Madinat Jumeirah Hotel Dubai

MediaFinance 2008
Thu Jun 26, Marriott Hotel, Grosvenor Square, London

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