Nortel Networks Ltd. shares dropped on news the company will not release its quarterly and yearly results as it promised. Meanwhile, Alcatel Alsthom unveiled what it regarded as a strong outing for the third quarter. Nortel put off releasing its results to mid-November. The...
PARIS-Alcatel Alsthom witnessed improved sales for the third quarter, although its net income was low compared with the same period a year ago. Alcatel's mobile infrastructure business also bounced up in sales from last year.The company's net sales stood at $3.8 billion for the...
PARIS-Alcatel Corp. signed a contract with tele.ring for the expansion of its UMTS network and a service contract extension under a $74 million agreement. The network expansion, including UMTS radio access network and a transmission solution, will result in 50 percent of Austria being...
SYDNEY-Alcatel Corp. announced a $5.5 million joint investment with the Australian Government in m.Net Corp., a consortium of multinationals, Australian information technology and telecommunications companies, and government and research organizations. The investment will be used to upgrade m.Net's next-generation UMTS/W-CDMA network in the city...
PARIS-Alcatel Corp. announced it won two multimillion-dollar contracts by Vietnam Posts and Telecommunications Corp., Vietnam's incumbent telecommunications service provider, to deploy switching and mobile infrastructure to enhance VNPT's fixed and mobile services.In addition to wireline equipment, Alcatel will provide Vietnam Mobile Telecom Services Co.,...
DALLAS-Alcatel and Evolving Systems Inc. signed a value-added reseller agreement to offer North American telecommunications service providers a solution supporting local and wireless local number portability using Alcatel's 5070 Signaling Server Global and Evolving Systems' NumberManagement Local Service Management System. The companies said the...
First there is a date. If sparks fly, the romance eventually may graduate into a union. But in the wireless business, not all mergers and acquisitions result from long-standing engagements, evidenced by several recent such deals. "It's not always a necessary condition," said Ned...
PARIS-Alcatel Corp. said it has acquired Spatial Wireless for about $250 million in shares.Spatial Wireless makes software-based and multistandard mobile switching solutions, which control media gateways and manage call and session control for voice and data services."Through the acquisition of Spatial Wireless, Alcatel leapfrogs...
PARIS-Alcatel Corp. said it has signed a $100 million contract to supply Libyan carrier General Post and Telecom Co. with GSM/GPRS and UMTS infrastructure and services.Alcatel said this will cover the carrier's radio access and core network solution, targeting 2.5 million users. The deployment...
Fourteen companies, including service providers, infrastructure suppliers and handset vendors, have come together to publish a set of open specifications for extending mobile voice and data services over wireless local area networks.The companies listed under the body known as Unlicensed Mobile Access, are Alcatel...
TCL & Alcatel Mobile Phones Ltd., a joint venture between TCL Communication Technology Holdings Ltd. and Alcatel Corp., has officially begun operations.The companies announced the JV June 18 and since have completed operational agreements and obtained shareholder, board and regulatory approvals.TCL holds a 55-percent...
BEIJING-Alcatel Corp said it has won a major contract with China Netcom and launched a center for Next Generation Network in China.The wireless vendor described the contract as the largest NGN network ever deployed by China Netcom. No dollar amount was disclosed.The deployment, which...
Siemens AG and Alcatel Corp reinforced a season of good feeling among wireless vendors as they swung to profitable quarters. "These trends show that improvement in the broader macroeconomic environment is now arriving in our industry, and that we are succeeding with our enterprise-wide...
PARIS-Alcatel Corp. said it has sold its Fraud Management Group to Subex Systems, an Indian software company for an undisclosed sum.This brings 30 new clients to Subex's list of 39 clients, according to the company.As part of the deal, Alcatel will partner with Subex...
Siemens AG and Alcatel Corp reinforced a season of good feeling among wireless vendors as they swung to profitable quarters."These trends show that improvement in the broader macroeconomic environment is now arriving in our industry, and that we are succeeding with our enterprise-wide initiative,...
HELSINKI, Finland-Finnish wireless carrier TeliaSonera announced it launched a streaming music service from Sony Corp., following up on an agreement between the two companies first announced in March at the CeBit trade show.TeliaSonera said it will initially offer the service free, minus data transfer...
DALLAS-Alcatel and Intrado Inc. together announced they will provide the Alcatel Multimedia Messaging Services product suite to wireless carriers using Intrado's hosted service facilities. The companies said the agreement reinforces a trend toward managed services that help wireless service providers reduce costs and quickly...
PARIS-China Unicom announced it will offer an upgraded WAP service through a new deal with infrastructure provider Alcatel. The carrier will use Alcatel's WAP 2.0 offering, which allows users to view wireless Web sites written in XHTML."With the development of this WAP 2.0 solution,...
PARIS-Building on its cooperation with Intel Corp. for broadband solutions, Alcatel said it has joined the WiMax Forum as a principal member."Alcatel sees WiMax as an intrinsic component of this user-centric broadband strategy, which combines a broad portfolio of fixed and mobile access technologies,...
MUNICH, Germany and PARIS-Both Siemens AG and Alcatel Corp. announced GSM contracts Wednesday.Siemens said it will extend GSM networks in Russia, Belarus and Ukraine for Russian-based wireless carrier Mobile TeleSystems under a $200 million contract.Under the agreement, Siemens will expand and upgrade the switching...
Alcatel's new handset deal with Chinese electronics manufacturer TCL Corp. is part of a notable and growing trend toward joint ventures and acquisitions, and analysts expect the pace to accelerate."There's going to be some consolidation," said John Jackson, a wireless and mobile technology analyst...
Telecom vendor Alcatel Corp. reported a net income of $280.4 million, signaling its business has scaled the hump of recent downturns. This net income represents 22 cents per share.Excluding items, the company's net income stood at $160 million, or 12 cents per share. In...
Wireless vendors are reaping contract dividends as carriers loosen their purse strings. L.M. Ericsson announced three contracts today, while Siemens AG and Alcatel Corp. announced one each.Ericsson said it won a UMTS deal with Mobilkom Austria, a CDMA2000 1x deal with Sichuan Unicom and...
Alcatel Corp. has joined other big infrastructure players by launching its push-to-talk application, an instant communication protocol that has gained momentum during the past year.Alcatel said it will integrate its product with its Internet Protocol multimedia communication portfolio.The announcement comes as industry is split...
