Big gains for Telecom Italia and PCCW in the Lighthouse Telecoms Index

The biggest gainer this month is Telecom Italia which has gained 8 positions this month. The firm has announced a radical reorganization of its infrastructure in a bid to sort out its financial troubles. PCCW has also gained 7 positions and is now ranked at 23rd spot. The firm has won a series of awards and is the sole entrant in the top 25 of the telecom firms monitored by Lighthouse.

In the top 5 BT and Ericsson have “swapped” places this month. BT, which has recently proposed the acquisition of Frontline Technologies, has moved up 2 spots and gained the coveted number 3 spot. Ericsson, which announced its intention to divest its PBX business to Aastra technologies, has slipped down 2 positions and is now at the 5th spot.

Enterasys has shown the biggest decline this month and has dropped by 9 positions. Apparently the firm’s announcement of ten consecutive quarters of pro-forma profitability has not helped it to retain its influence amongst the analysts. Research In Motion, maker of the popular Blackberry, has also lost 5 positions and has dropped out of the top 25.

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Duncan Chapple