ADC

WESTCHESTER, Ill.—Andrew Corp.’s fourth-quarter results revealed the financial burden the company absorbed in part due to its now-abandoned merger proposed earlier this year by rival ADC Telecommunications Inc. Andrew reported …

Just as the dust settled on ADC Telecommunications Inc.’s failed attempt to merge with Andrew Corp., ADC announced plans to lay off about 225 of its 8,200 employees as part …

MINNEAPOLIS—ADC Telecommunications Inc. said it will lay off about 225 people as part of a restructuring program. In a Securities and Exchange Commission filing, the company said the restructuring is …

Since ditching merger negotiations and a takeover bid a few weeks ago, Andrew Corp. has been busy buying back 2.4 million shares of its common stock at an average price …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

WESTCHESTER, Ill.—Since ditching merger negotiations and a takeover bid a few weeks ago, Andrew Corp. has been busy buying back 2.4 million shares of its common stock at an average …

Andrew Corp.’s merger-and-acquisition adventures skidded to a full stop last week as the company pumped its brakes on potential deals with both ADC Telecommunications Inc. and CommScope Inc.-preferring instead to …

HICKORY, N.C.—In the wake of Andrew Corp.’s rejection of CommScope Inc.’s $9.50 per share acquisition proposal, CommScope said it will not pursue the company further. “After careful consideration with our …

WESTCHESTER, Ill.—Andrew Corp.’s merger-and-acquisition adventures skidded to a full stop as the company pumped its brakes on potential deals with both ADC Telecommunications Inc. and CommScope Inc.—preferring instead to go …

HICKORY, N.C.—CommScope Inc. has shaken up ADC Telecommunications Inc.’s bid to buy Andrew Corp. with a $9.50 per share proposal valued at about $1.7 billion in cash, including the assumption …

WESTCHESTER, Ill.-Andrew Corp. reported declining fiscal third-quarter net profits as the company covers restructuring costs in preparation for its proposed merger with ADC Telecommunications. Profits for the quarter fell from …

WESTCHESTER, Ill.—Andrew Corp. reported declining third-quarter net profits as the company covers restructuring costs in preparation for its proposed merger with ADC Telecommunications. Profits for the quarter fell from last …

MINNEAPOLIS—ADC Telecommunications Inc. said it expects its sales from continuing operations for 2006 to come in lower than it previously predicted. Sales are expected to be between $1.28 billion and …

In a move designed to give the wireline equipment leader a boost in its wireless sales, ADC Telecommunications Inc. said it would pay $2 billion in stock to acquire Andrew …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

MINNEAPOLIS—Wireline connectivity equipment leader ADC Telecommunications Inc. announced it’s willing to pay $2 billion in stocks to acquire Andrew Corp., a move that would give ADC a major boost in …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.   Carriers Prudential Equity Group lowered its subscriber net adds …

MINNEAPOLIS—ADC Telecommunications Inc. announced it acquired Israeli start-up G-Connect, a developer and manufacturer of systems that serve large and medium-sized Internet service providers. G-Connect’s IP service gateway system is used …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.

L.M. Ericsson outlined its vision for third-generation evolution, saying that the growing demand for mobile content and the handset’s role as a media channel will pave the way for faster …

L.M. Ericsson outlined its vision for third-generation evolution, saying that the growing demand for mobile content and the handset’s role as a media channel will pave the way for faster …

STOCKHOLM, Sweden-L.M. Ericsson released its new Automatic Device Configuration product, which the company said allows carriers to offer services targeted specifically for each user’s handset. “We see tremendous potential for …

The following information includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.

MINNEAPOLIS-ADC Telecommunications Inc. released its fiscal third-quarter results Tuesday, reporting net income of $23.9 million, or 20 cents per, a considerable increase from last year’s third-quarter net loss of $14.3 …

MINNEAPOLIS-The U.S. Department of Agriculture’s Rural Utilities Services unit has given product acceptance to ADC’s Digivance Long-Range Coverage Solution, according to the company. The approval gives rural wireless operators the …