18th October 2007 : Leadcom voted "AIM International Company of the Year for 2007"




Main Web Site : http://www.leadcom-is.com/

Investor Relations Email : investorsinfo@leadcom-is.com

Finally, the light at the end of the BSNL tunnel comes into view. We should now in the coming months see some decent contract wins come through.


http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=a6d98701-32fa-4a54-be4a-995f17322e74&


Decks cleared for BSNL to place orders for GSM expansion (New Delhi, April 16, 2007)


BSNL will now be able to place orders for its over Rs 20,000 crore mobile telephony expansion plan as Motorola, which had challenged its disqualification in the tendering process in the Delhi High Court, has withdrawn the case.

On October 9, Motorola filed a petition in Delhi High Court challenging its disqualification in the 45.5 million lines tender. Due to the court case, BSNL was unable to place any order during the pendency of the petition.

Motorola in a statement said "in view of the tremendous growth taking place in the telecom sector in the country and BSNL's petition of capacity constraints to have its share in this expansion, Motorola has decided to withdraw the case filed in the Delhi High Court".

The US-based company, however, clarified that withdrawal of petition didn't reflect any change in their original position saying "withdrawal of case by Motorola in no way reflects any change in the company's original position that its bid was in compliance with the tender condition".

The Delhi High Court on Monday dismissed Motorola's application as withdrawn. The award, to add 45 million lines in its GSM network, which had gone to Ericsson and Nokia will now be implemented with the withdrawal of this petition.

Ericsson, which was the lowest bidder, would get 60 per cent of the 45.5 million lines, while the second lowest bidder, Nokia, would get the remaining share of the north east and west zone.

Motorola had earlier challenged the award of the contract to Ericsson saying it was the lowest bidder and BSNL had wrongfully disqualified it on the technical evaluation ground.

Thanks for that PP, a good morning so far, all blue.
2517

BSNL order could be doubled in size according to the report below.........ooooo......thats a nice though. If they did double it, it would then be larger than the proposed Reliance Indian order (due this year and said to be worth over 10 billion dollars) :)

http://www.cellular-news.com/story/23165.php

India BSNL To Award GSM Expansion Contract In 2 Weeks - Executive

NEW DELHI -(Dow Jones)- India's telecommunications operator Bharat Sanchar Nigam (BSNL) will award a contract for 45.5 million GSM lines in the next two weeks, a senior BSNL executive said Monday.

"We will award the contract in the next two weeks...lots of details have to be worked out," S. D. Saxena, BSNL's director, finance, told reporters after U.S telephone equipment provider Motorola withdrew a petition challenging its disqualification from the tender process.

Saxena said the size of the contract can be doubled if required.

In 2006, Ericsson had emerged as the lowest bidder for a BSNL tender for laying 45.5 million lines. Nokia was the second lowest bidder. Saxena said all BSNL expansion programs will be awarded to the two lowest bidders in the next two years.

Saxena said the bid value is estimated at $100-$150 per line.

BSNL order could be doubled in size according to the report below.........ooooo......thats a nice though. If they did double it, it would then be larger than the proposed Reliance Indian order (due this year and said to be worth over 10 billion dollars) :)

http://www.cellular-news.com/story/23165.php

India BSNL To Award GSM Expansion Contract In 2 Weeks - Executive

NEW DELHI -(Dow Jones)- India's telecommunications operator Bharat Sanchar Nigam (BSNL) will award a contract for 45.5 million GSM lines in the next two weeks, a senior BSNL executive said Monday.

"We will award the contract in the next two weeks...lots of details have to be worked out," S. D. Saxena, BSNL's director, finance, told reporters after U.S telephone equipment provider Motorola withdrew a petition challenging its disqualification from the tender process.

Saxena said the size of the contract can be doubled if required.

In 2006, Ericsson had emerged as the lowest bidder for a BSNL tender for laying 45.5 million lines. Nokia was the second lowest bidder. Saxena said all BSNL expansion programs will be awarded to the two lowest bidders in the next two years.

Saxena said the bid value is estimated at $100-$150 per line.

Looks like our patience is finally bearing fruit. :-)

This all looks very promising, it would be foolish not to keep an eye on the sp's progress, but LEAD may well be the type of share to lock away for a year or two, does anyone else share this view.
2517

I've had it locked away already for a year ;) LOL

Seriously, yes, lock it away. We should see very strong growth in the coming two years, a move to a full London listing, and not on AIM anymore, a dual listing on the TASE (meaning you can ISA Leadcom) and all that jazzzz.

So I would agree, yes, lock it away for a couple of years, big things ahead.

I imagine Panmure's initial coverage would be more positive now, no reason to delay that further.
2517

http://www.ciol.com/content/news/Deals/2007/107041601.asp


Ericsson, Nokia to get $5 bln BSNL contract

Bids for the 45.5 million GSM lines contract were ordered by a court to be put on hold after Motorola, which did not figure among the winners, challenged the BSNL in October

Monday, April 16, 2007

By Unni Krishnan

NEW DELHI: Telecom majors Ericsson and Nokia are set to grab a $5 billion contract from Bharat Sanchar Nigam Ltd. (BSNL) after Motorola decided to withdraw a legal challenge, a BSNL official said on Monday.

Bids for the 45.5 million GSM lines contract were ordered by a court to be put on hold after Motorola, which did not figure among the winners, challenged the BSNL in October.

"As things stand now, Ericsson gets 60 percent and Nokia the rest based on the bids," an official at state-owned BSNL, who did not wish to be identified, told Reuters.

"We will take about 10 days to tie up the loose ends and place the equipment order to the companies."

The official did not give bid details, but a source had told Reuters in October the firm's bid was at $107 per line, valuing Ericsson's share of the tender at $2.92 billion.

India is the world's fastest growing mobile services market, boosted by call tariffs of as low as 2 U.S. cents a minute. It has a total of nearly 121.4 million GSM users after adding 6.1 million new users in March.

Motorola said on Monday it was withdrawing its case against the award and looked forward to its continued partnership with BSNL, India's third-largest cellular operator.

The U.S. firm said the withdrawal did not reflect any change from its stand on the tender award.

"In view of the tremendous telecom growth taking place in the country and BSNL's petition of capacity constraints to have its share in this expansion, Motorola has decided to withdraw the case filed in the Delhi High Court," the firm said.

Over the past one year BSNL, also India's top telecoms firm by sales, has been facing a critical shortage of GSM equipment that has resulted in it ceding market share to larger rivals Bharti Airtel Ltd. and Reliance Communications Ltd.

BSNL's networks are present in 21 of the 23 circles or zones making up the domestic telecoms sector. Its smaller state-run sibling, Mahanagar Telephone Nigam Ltd., is in the remaining two -- Mumbai and Delhi.

Reliance and Bharti have a nationwide presence.

The BSNL official said nearly half the new equipment was earmarked for rural areas, where nearly two-thirds of India's 1.1 billion people live and where networks need improvement.

India's cellular services remain largely city-centric more than a decade after their launch but carriers are now furiously expanding into vast swathes of rural India.

The five equipment vendors that had submitted technical bids were Nokia, Ericsson, Siemens, Motorola and ZTE Corp. Three of those were shortlisted for financial bids, with Motorola and ZTE not meeting criteria.

A nice write up on Bloomberg, and note the last paragraph about just how big India is going to be, something Leadcom holders have known for some time, and amazingly you can still buy Leadcom today as cheap as chips :)


Bloomberg News:
April 16, 2007

NEW DELHI: Ericsson, the world's biggest maker of wireless networks, and Nokia will split most of a $5 billion contract to supply gear in India after Motorola dropped its legal challenge to the award. Ericsson will supply 60 percent of the equipment for 45.5 million lines to state-run Bharat Sanchar Nigam, with Nokia providing 40 percent, D.P. Singh, director general at the Indian telecommunications company, said in New Delhi. The state-controlled ITI will supply equipment for 18 million lines.

India's existing wireless operators, including Bharti Airtel and Reliance Communications, will spend about 40 percent of their $20 billion of capital expenditures in the next two fiscal years on equipment, said an analyst, Shubam Majumder. Motorola, based in Schaumburg, Illinois, said it withdrew its petition before a New Delhi court to focus on winning new contracts. "India is adding more subscribers than any other country," Majumder, an analyst at Macquarie Securities, said in an interview from Mumbai. "It's by far the biggest market for 2G equipment vendors worldwide."

India, where fewer than one in five people have a mobile phone, is the world's fastest-growing wireless market. With a population of 1.1 billion, India is adding almost 7 million subscribers a month as local mobile-call rates fall to as low as 2 U.S. cents a minute. Ericsson had submitted the lowest bid, P. Balaji, vice president of marketing for the Swedish company's Indian unit, said on Oct. 9 after Bharat Sanchar said it was eliminating Motorola and ZTE of China on grounds that they failed to meet technical qualifications. "We are almost ready with the paperwork and can place the order in a maximum of 2 weeks to the two short-listed bidders," S.D. Saxena, director of finance at BSNL, said by telephone from New Delhi. "We are desperate for new equipment and it will help in expanding our telecom services in rural areas.

"In view of the tremendous telecom growth taking place in the country and Bharat Sanchar's petition of capacity constraints to have its share in this expansion, Motorola has decided to withdraw the case filed in the Delhi High Court," Motorola said in an e-mailed statement Monday.

The size of Bharat Sanchar's order will pale in comparison with those awarded by Bharti and Reliance Communications, India's two largest wireless operators, in the next few years, Majumder said. Bharat Sanchar is crippled by the government-managed bidding process, unlike the private operators, he said.

Shouldn't be long now until we have rns about new contracts, the market will take notice in due course and the ride will be worth waiting for...:-)

http://www.investegate.co.uk/Article.aspx?id=20070419073100Z2007

Nice potential acquisiton that will increase EPS this year :)


Leadcom Integrated Solutions Ltd 19th April 2007

Leadcom Integrated Solutions Ltd. ('Leadcom' or 'the Company'), (LSE:LEAD), a leading international provider of innovative telecommunication solutions, announces that it has signed a term sheet with a private company in its business
sector, with headquarters in Europe and extensive operations in Africa, which
are significant in relation to Leadcom's operations in CEEMEA. These new
operations would widen Leadcom's footprint into new countries as well as
strengthening some existing ones. Due diligence is now commencing and
negotiation of a definitive agreement, if successful, is likely to take up to
two months.

The acquisition would be accretive to the earnings per share from the time of
acquisition and can be funded well within the resources already available to the
Company.

and now let's see if sp actually wakes up .... would be jolly!

since posting this chart in mid march, sp has nicely breached what could have been a very difficult resistance at 55, that same point now forming a support ...... rsi is a bit toppy, but if a steady climb, sp may not get vertigo.

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You'll find some new April 07 information to read in the archive folder :

http://www.esnips.com/web/LeadcomInfo/



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AGM is 10th of May for those interested.

Details, if required, can be gained from :

Yael Margoninsky,
Director of Marketing & Investors Relations

Tel: +972 9 7690011
Fax: +972 9 7690125
yaelm@leadcom-is.com

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=91656&MenuKey=News.Home&NewsPage=4

* Panmure Gordon has a buy and 580p target for BAE Systems. initiates coverage of Leadcom with a buy and 89p target, has a hold and 260p target for nCipher, upgrades CSR to buy from hold raising target to 900p from 750p, has a buy and 13.50 target for Carpetright, a hold and 10 target for Alliance Boots, has downgraded Rentokil Initial to hold from buy with a 180p target, has a buy and 32 target for Carnival, a sell and 400p target for BSkyB and a hold and 13.20 target for Unilever

THis stock is overdue some coverage, looking forward to hearing updates at AGM

For those interested, the Panmure 1st May 07 Initiation Note is now available in the web folder below :


http://www.esnips.com/web/LeadcomInfo


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