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

Some more India work for Nokia Siemens (sounds like the stuff Leadcom do best)

So Nokia/Siemens has now bagged 574m $ worth of work in a couple of weeks in India, and this is without it being the big BSNL or Reliance tenders...... :)



http://economictimes.indiatimes.com/Nokia_Siemens_bags_Rs_300-crore_Aircel_contract/articleshow/2088026.cms

Nokia Siemens bags Rs 300-crore Aircel contract

TIMES NEWS NETWORK[ THURSDAY, MAY 31, 2007 03:41:20 AM]

NEW DELHI: Nokia Siemens Networks on Wednesday announced that it has bagged a Rs 300-crore network expansion contract from Aircel Cellular (a subsidiary of Malaysias Maxis Group) to build and operate a greenfield GSM network in Kolkata. The contract includes supply of GSM/EDGE equipment, implementation, project management and managed services, such as operating and maintaining the network infrastructure, the company said.

The deal comes within days of the network major bagging a $500-million network expansion contract with Idea Cellular.

The two-year deal with Idea envisages that Nokia Siemens set up GSM, general packet radio service (GPRS) and Enhanced Data Rates for GSM Evolution (EDGE) networks, which will help cellular company to expand its coverage across six circles Delhi, Haryana, Uttar Pradesh (east), Uttar Pradesh (west), Andhra Pradesh and Kerala.

Last year, Nokia had bagged a three-year $400 million network expansion contract from Bharti Airtel. Aircels contract with Nokia Siemens follows its recent allocation of 2G spectrum by the Department of Telecommunications (DoT) to begin services in Kolkata.

Aircel aims to roll out services in Kolkata by the year-end and also plans to make the city its regional headquarters for the eastern region. (Bharti Airtel too has decided to set up its eastern regional telecom hub in Kolkata.)
Commenting on the partnership with Nokia Siemens, Maxis CEO and Aircel director said: Wednesdays announcement is a critical juncture in our network roll-out strategy, as Nokia Siemens Networks have joined the consortium of our prime network partners.

The Kolkata roll-out completes our East/North-East geographic footprint, besides lending us its strategic commercial importance in the region. Nokia Siemens Networks will deploy latest state-ofthe-art equipment like Flexi base stations, mini-ultra base stations, 3GPP-based mobile softswitching solution, including MSC Servers and Media Gateways, the company said in a statement.

The network will be supported by the multi-technology, multi-vendor NetAct network and service management system, and will be ready for commercial operations by December 2007, it added.


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Nokia Siemens wins GSM deal in India

June 1st, 2007 8:41 am

Nokia Siemens Networks said it has won its first contract from the operator Maxis Group, operating under brand name of Aircel, to build and operate a GSM network in Kolkata, India.
In a statement, Nokia Siemens said the deal runs for two years and is valued at some 55 million euros ($74 million).
The contract includes supply of GSM/EDGE equipment, implementation, project management and managed services, such as operating and maintaining the network infrastructure.
Nokia Siemens will deploy Flexi base stations, mini-ultra base stations, a 3GPP-based mobile soft-switching solution including MSC Servers and Media Gateways PDH and SDH.

The network will be ready for commercial operations by December 2007.



(PS... This might be why the buyer has been more aggressive since June 1st, as simply this could mean that (as the system is to be on line prior year end) that this Aircel order, if passed on to Leadcom, means that Leadcom are now guarenteed to pass the 180m $ revenue for 2007, without any contribution from the big BSNL order). DYOR !!!

news re: contract should lift sp

Leadcom Integrated Solutions Ltd


Leadcom Announces New Wins in CEEMEA Region

June 6, 2007, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.
('Leadcom' or 'the Company'), (AIM: LEAD), a leading international provider of
innovative telecommunication solutions, is pleased to announce it has been
awarded several new contracts in the Central, Eastern Europe, Middle East,
Africa region (CEEMEA), for an aggregated value of US$21.5 million. The value of
the contracts will be recognized in 2007 and 2008, already building upon
Leadcom's backlog for next year.

All new contracts are with regional operators in East and West Africa, and in
Eastern Europe, who are existing customers of the Company.

Most of the new orders encompass the delivery of turnkey solutions, including
works and services pertaining to deployment and construction of telecom sites.

In addition, Leadcom is delivering the Cell-on-Wheels (CoW), an advanced
solution developed by the Company, which allows the swift and flexible
deployment of temporary networks, thereby enabling operators to record revenues
immediately, even before the completion of deployment of a permanent network.
The CoW can also alleviate excess load on operational networks.

Arik Alcalay, Leadcom's CEO, commented: 'This flow of recurring revenues and
follow up orders from existing customers is evidence to Leadcom's delivery
abilities and professionalism, as well as the strength of our positioning in
this ever-growing market. These orders provide us with further confidence in
meeting and exceeding our ambitious goals for 2007.'

Nice to see the "exceeding" word in there.

delighted for you (and me) that at long last your ramping (sorry; lol!) of LEAD is at last proving have some substance!

Lol cynic, its always had substance, just nobody bothered to look at it. As we stand now there is minimal PI holdings, which is good, as that protects any against any corrections.

lest you missed this RNS (today), extract below ......

Panmure Gordon also reiterated its 89 pence target price on Leadcom, adding that the stock continues to represent very good value relative to its prospects ........ Meanwhile Altium has a 75 pence target price on Leadcom ...... it will revisit its estimates once it gets further revenue visibility, but added that it would be surprised not to be edging them up from current levels.

i got in too PP, because of your posts on here and TIM, thanks. Mind, I got into pele too!!!!!!! :-(, the profits on lead have nearly covered the losses on Pele.

Lol kivver...... :) I know that feeling..............

hmmmmmmmmmm ditto...lol
i also got into CSR at the (wrong) time, this game takes patience, but the worry of the summer sell off remains...

am in CSR (again!) at the moment .... still running at a profit though it has taken a pasting over the last couple of days ..... will stay put i think

Here is a post I put on TMF as a reply, its all IMO, but there you go :



"Well Dave, LEAD is very much in profit for me, and I'll be holding for the future, as it looks very exciting. I put a post on AFN, which I will copy below.

To add on to the post below, for the future, one must not forget than Indian mobile growth will run for 5 to 8 years more (thats excluding Wimax and new developements, just pure line capacity expansion). Whilst Leadcom have said they would look at China once they were happy that the Indian set up was underway, they seem to also be looking further ahead. It is known that Africa is now starting at the bottom of a potential hyperbolic growth in mobile use (as simply its cheaper than installing landline systems). To this end the potential acquisition news late this month or early next month will, if you note, increase Leadcoms coverage in...yes...Africa. I really do see Leadcom continuing to grow for many a year now, they have gone past the critical mass consolidation year, and its back to unadultered growth again, with the capital needs for that covered.

You might be able to run Leadcom as a CQ entry for a few more times in the coming months I feel, perhaps :)

Anyway, here is that post :


"PapalPower - 6 Jun'07 - 01:45 - 5185 of 5237

Gryphon, the fundamentals that are visible, and that the market can work on, do suggest a price in excess of 80p.

The inside track is of course different, if you are prepared to add up a sum of other parts.

Earnings enhancing acquisition, should add a little, however the more interesting thing is if it works well, for if it does it will give the directors the confidence to buy more companies. As from 2008 they will start to generate lots of cash, and this will then give them something to spend it on if we see a row of EPS enhancing acquisitions.

Large deals in India. Whilst a number of smaller deals are being done, the BSNL one is yet to be awarded. Also, there is a larger Reliance order to be worked out. Spending in India on mobile networks in the coming 5 years will be massive.

Talked about TASE listing, this will enable the PI demand there to buy Leadcom stock easily. There is demand, however there is resistance to buy stock from a foreign market, and the demand has suggested a local TASE listing to enable that function. This dual listing will also then enable LEAD to go into ISA's, which then also enables a larger section of UK investment money to buy LEAD.

Full London listing, some historic Israeli companies on AIM have created a bad impression, perhaps confidence is low for the Israeli AIM sector now, due to the past. Therefore, Leadcom should (and are as far as I know) considering a move up to a full listing, to get them off of AIM. With a full listing the market can have greater confidence in the company, and this can be reflected in a higher valuation.

Leverage, as Leadcom grows in size, so their leverage with end users becomes greater, and they can utilise this to promote (on commission or discount purchase or other basis) products from various companies. Hopefully the Redknee and Samsung agreements are the start towards a move into this area in greater depth, as this will help keep margins high.

Wimax, its a technology that will come in in greater amounts as the years pass, and yes, Leadcom do Wimax infrastructure.

The more they grow, the more they perform, the more they will be used. This will put more and more pressure on the smaller operations, family run ones, who as they lose business, will then look to sell up.........and well, back to acquisition strategy potential.

Sterling, the present strength against the dollar was a factor in "dampening" last years figures, only due to the fact of the conversion rate of earnings from cents to pennies. It is widely ackowledged that the mid term outlook for sterling is now very weak, and before too many moons pass Sterling should start out on a voyage to weakness. A return to 1.7 levels in 2008 cannot be ruled out, but this gives a near 15% boost to earnings figures (in sterling terms) for foreign companies.

On the sterling point, you'll notice that Leadcom do not do a "song and dance" routine, they report in US$ and you can convert over on the rate of the day for sterling values if you so wish.

Some other companies you'll note (in a rising sterling trend) will report in their currency, then use a backward average weighted price of their currency to sterling (which is of course much lower than the actual rate at the time the results are published) and then convert at this lower average rate into sterling, and put this manipulated sterling value into their results. There are other things other companies do to try to create the impression of higher earnings levels - however, not with Leadcom. Very much WYSIWYG."

And they pay a divi, although you have 15% Israeli Tax deducted.

Some sector news :

http://www.i4u.com/article9422.html


Indian Mobile Firms add 5.04 mln GSM users in May

Posted on Fri, 8 Jun 2007 08:10:00 CDT | by Luigi Lugmayr

MUMBAI (Reuters) - Indian mobile phone service providers added more than 5 million GSM customers in May, taking the user base to 130.6 million in the world's fastest-growing cellular market, an industry body said on Friday.

The Cellular Operators' Association of India, which represents nine carriers offering wireless services based on the widely prevalent GSM platform, said 5.04 million users signed up in May, compared with 4.13 million in April.

Including the operators that run on the rival CDMA platform, India has been adding more than six million new users every month lured by call rates as low as one U.S. cent a minute.

Bharti Airtel Ltd. , India's top mobile service provider, gained 1.85 million customers in May taking its user base to 40.7 million.

Hutchison Essar Ltd., in which British phone firm Vodafone Plc bought a controlling stake this year, added 1.51 million users in May and boosted its total subscribers to 29.2 million.
The company climbed to the third position, dethroning state-owned Bharat Sanchar Nigam Ltd. which got just 238,553 users in May, taking its user base to 27.99 million.

Reliance Communications , with 30.5 million subscribers, is India's second largest mobile services provider, but a majority of its subscribers are on the CDMA platform.

The company had said on Thursday it added 1.4 million subscribers in May.

Fifth-ranked Idea Cellular gained 703,412 subscribers in May, lifting its total users to 15.3 million

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http://news.monstersandcritics.com/business/news/article_1315453.php/New_Zealand_Telco_to_build_new_mobile_network

New Zealand Telco to build new mobile network

Jun 9, 2007, 8:23 GMT

Wellington - New Zealand's dominant telecommunications company Telecom is to build a new NZ$300 million (US$226 million) high-speed mobile network to improve customer connections with the rest of the world and hold onto corporate customers, according to reports Saturday.

The new 3G network, which should go live by late 2008, would improve broadband speeds, increase customers' capacity to 'roam' or use cellphones around the world, and give customers a greater choice of mobile handsets, Telecom said in a statement.

The New Zealand Herald newspaper noted that fewer than 20 per cent of mobile networks around the world use Telecom's current technology, which reduced customers' roaming options.

Telecommunications analyst Greg Main told the newspaper that Telecom estimated was missing out on revenue from 'roaming' customers that used the rival Vodafone worldwide network. The analyst estimated this foregone revenue at NZ$100 million (US$75 million) a year.

Whilst it means nothing to Leadcom directly, as they have not as yet got involved in the China market, it is good to see Ericsson win further large orders, as this surely ties up the Tech Service side of Ericsson, and ensures imv that in other area's where the work can be subcontracted, that it is subcontracted more and more.



http://www.bruneitimes.com.bn/details.php?shape_ID=32922

Ericsson, China Mobile in US$1b deal 11-Jun-07

SWEDISH telecoms group Ericsson yesterday signed a US$1 billion ($1.54 billion) deal with China Mobile to supply equipment to expand the Asian company's GSM coverage in 19 regions of China, Ericsson said.

The agreement was signed at a ceremony in Stockholm attended by Chinese President Hu Jintao, who was on a three-day state visit to the Scandinavian country, and Swedish Prime Minister Fredrik Reinfeldt.

Ericsson will supply core and radio network equipment, along with related technical support and services, to expand China Mobile's GSM coverage, the Swedish firm said in a statement.

The expansion will allow China Mobile to boost network capacity and performance for hundreds of millions of subscribers. Deliveries have already started, Ericsson said.

A second agreement was also signed yesterday between mobile phone maker Sony Ericsson and China Postel Mobile Communications Equipment.

The US$600 million deal concerned mobile phone purchasing, Ericsson said.

Sony Ericsson announced a memorandum of understanding with the Shenzhen Telling Communications Corp for mobile phone purchasing valued at more than US$500 million.AFP

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http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=199902911

Ericsson signs $1 billion GSM deal with China

Mike Clendenin EE Times (06/10/2007 10:13 PM EDT)

TAIPEI Even though interest in 3G is intensifying, China Mobile highlighted the continuing importance of 2G services in the country by signing a $1 billion deal on Sunday with Ericsson AB.
The announcement of the deal in Sweden coincided with a state visit by Chinese President Hu Jintao, and Ericsson noted that deliveries of core and radio network equipment had already begun.

China Mobile, the country's largest telco, is expected to launch 3G services in late 2007 or early 2008, using a Chinese technology known as TD-SCDMA. Once this new 3G technology gets a foothold, other Chinese operators will launch rival services based on CDMA2000 EV-DO and WCDMA.

The progress of 3G is being keenly watched in China, if only because it is the world's largest wireless telecom market. But because recent growth in China is being driven by less wealthy second- and third-tier cities, there is still a need to improve and expand 2G services coverage. Ericsson said its equipment will be used to boost China Mobile's GSM coverage in 19 regions of China.

Companies like Ericsson and Nokia-Siemens dominate the legacy networks in China, while local firms like Huawei Technologies and ZTE Corp. are expected to get a larger share of contracts for 3G infrastructure.

For those interested there is a new (21st June 07) Company Presentation on the website, done in Flash.


http://www.leadcom-is.com/siteImages/leadcom21_6_07.swf

Very active in the last 5 minutes.
2517

An acquisition, a reported 36% increase in sales in 6 months to 30th June, an increase in full year sales target to 225m from 180m usd due in part to the acquisition, and also momentum in other markets. Seems that the 180m target would have been exceeded without the acquisition. Looking good.
2517

Indeed looking very good, price target should now be increased to make it even more attractive, still a buy. Am holding on for 90p plus

Panmure Gordon has raised target price from 89p to 110p