PCCW launching IPO tomorrow, say sources

Ecuadorian telecoms authority Superintendencia de Telecomunicaciones (Supertel or Suptel) has revealed that the country’s second largest mobile operator by subscribers, Movistar, began the shutdown of its legacy CDMA network at the beginning of this month, and will finish the process at the end of the year. Movistar had 68,000 remaining CDMA2000-based users at the end of September, although this was down from 92,000 the previous month, and at the same date it had 4.2 million 2G GSM mobile phone subscribers and 192,000 3G W-CDMA/HSPA mobile broadband customers. [More]

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