The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets lowered its price target on Embarq to $54 from $60 on lower out-year cash flows. The firm, however, raised its 2008 revenue...
BARCELONA, Spain - The world's largest network providers are jockeying for position in the race to build out fourth-generation networks in an increasingly uneasy market affected by intense competitive price pressures and worries of an economic downturn.Nokia Siemens Network CEO Simon Beresford-Wylie reiterated earlier...
BARCELONA, Spain - With the LTE market just starting to develop, Alcatel-Lucent and NEC Corp. believe combining their resources early on will help them develop a market advantage. Alcatel-Lucent CEO Patricia Russo said the move is an offensive play, rather than a defensive one....
Alcatel-Lucent came out swinging at the Mobile World Congress event this week. The company added to the pile of news it's made by announcing a deal with AT&T Mobility to further expand the No. 1 carrier's UMTS/HSPA wireless network. Financial terms of the deal...
Alcatel-Lucent announced that it's developing an application for Research In Motion Ltd.'s BlackBerry platform that will allow prepaid users to track voice and data usage against the amount remaining in their account.The partnership is largely aimed at increasing interest in BlackBerry smartphones in developing...
BARCELONA, Spain - In an increasingly difficult environment for network providers, Alcatel-Lucent announced it is teaming with Japan's NEC in a joint venture to focus on LTE technology.The move comes on the heels of disappointing 2007 financials for Alcatel-Lucent; the one-year-old company posted a...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Czech Republic: Telefonica O2 Czech Republic said it is upgrading...
Consolidation appears to still be an unavoidable result for many in the world of network infrastructure. Motorola Inc. and Nortel Networks Corp. are reportedly in talks to merge their wireless infrastructure businesses, according to the Wall Street Journal. Both companies refused to comment.Lucent Technologies...
Alcatel-Lucent reported a loss of $3.74 billion during the fourth quarter, bringing its total loss to $5.1 billion for 2007. The company's stock was down less than 4% to $6.02 on the news, however it has suffered a steady decline since it reached a...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Mozambique: Mcel has chosen Alcatel-Lucent to supply a 3G UMTS/HSPA...
If Google does manage to exit the 700 MHz spectrum auction with a substantial chunk of airwaves, it will be interesting to see what it plans to do with it. Most observers said they would be surprised if Google were to win spectrum; most...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Raymond James lowered its price target on Sprint to $14 after the company pre-released weak fourth-quarter earnings. Morgan Stanley lowered its price target on Sprint...
Regional wireless operator U.S. Cellular Corp. tapped Alcatel-Lucent for a five-year contract to provide infrastructure equipment to increase coverage and capacity of the carrier's CDMA network. Financial terms of the deal were not disclosed.Per the agreement, the infrastructure vendor will provide software, services and...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its 2007 EPS estimates on Leap Wireless to a loss of 99 cents and raised its 2008 EPS estimate to...
Alcatel-Lucent has partnered with mobile operator 3 Italia and Italian public broadcaster RAI for a mobile TV trial based on the DVB-SH standard. The technology, which is an evolution of DVB-H, uses satellites to broadcast directly to mobile devices and integrates hybrid satellite and...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.CellularChina: China Mobile Group Beijing Ltd. chose Nokia Siemens Networks...
MetroPCS Communications Inc. inked a three-and-a-half year contract extension with Alcatel-Lucent, which covers the buildout of the flat-rate carrier's AWS spectrum holdings in seven major metropolitan areas. Financial terms of the deal were not revealed.MetroPCS scored the new markets through the Federal Communications Commission's...
FOLLOWING VERIZON WIRELESS' ANNOUNCEMENT that it will use Long Term Evolution technology for its fourth-generation network, many who follow the industry immediately began to peg some infrastructure vendors as winners and others as losers.The bulk of the 'loser' chatter was directed at Qualcomm Inc.,...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--China: Alcatel-Lucent won contracts with China Mobile and China Unicom...
Over the past week, a wide breadth of telecom companies have completed Long Term Evolution tests.Nokia Corp. announced results last week from the first phase of a trial that the company claimed achieved 100 megabit-per-second data transfer speeds. The trial was conducted by the...
Alcatel-Lucent lost more than $373 million during the past quarter the company reported as it announced it would be replacing its chief financial officer. Wall Street appeared relatively pleased with the results, which mostly fell in line with the company's revised outlook. Alcatel-Lucent's stock...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Wi-Fi--France: Colubris Networks said it has been chosen by Alcatel-Lucent...
Alcatel-Lucent and Dominican Republic-based operator Onemax announced that they've completed the world's first mobile handoffs on a commercial WiMAX 802.16e-2005 network in the 3.5 gigahertz spectrum band just one day after the companies officially launched the network.Onemax executives, customers, local celebrities and government dignitaries...
Sprint Nextel Corp. is one of five companies to sign an agreement with the government of Taiwan to help speed the deployment of mobile WiMAX technology in that country.The memorandum signed by both companies in Taipei yesterday will enable them to discuss "cooperation in...
