SAN RAMON, Calif.-The PAM Forum plus Parlay Group now equals the Parlay Group. Both standards groups are merging into the Parlay Group in a process that will be completed by mid-June, according to the organizations.The PAM Forum, a consortium that establishes the presence and...
The legal duel as well as the claims and counterclaims between Motorola Inc. and Turkish carrier Telsim intensified with a recent full-page advertisement in the Wall Street Journal and some other large-circulation publications, highlighting the woes of vendor financing.In the ad, titled "Important Notice...
NEW YORK-Lucent Technologies Inc. said it has slashed its operating expenses by as much as 74 percent and the measures have increased margins by 16 percentage points and put the company on the path to profitability.The company has pared its staff by 64 percent...
MURRAY HILL, N.J.-President George W. Bush has appointed Patricia Russo, chairman and chief executive officer of Lucent Technologies Inc., to the 30-member National Security Telecommunications Advisory Committee."In her NSTAC role, Russo will be involved with a wide range of policy and technical issues related...
MURRAY HILL, N.J.-Lucent Technologies Inc. posted its 12th consecutive quarterly loss, reflecting a soft market and conservative spending by service providers.Lucent lost $351 million, or 14 cents per share for the quarter, excluding $202 million in costs connected with preferred dividends and debt payment.Its...
In the sweepstakes of third-generation (3G) contracts, smaller equipment vendors hope to outplay the bigger names by taking advantage of their product strengths and delays in Universal Mobile Telecommunications System (UMTS) rollouts.Companies like Motorola, Nortel Networks and Lucent Technologies are at the low ebb...
CHICAGO-In what market watchers describe as one of the largest class-action settlements ever, Lucent Technologies Inc. has resolved all outstanding shareholder lawsuits for more than US$600 million.The settlement, which made Lucent's share price rise, involves 54 lawsuits.The company has dealt with a series of...
MURRAY HILL, N.J.-Lucent Technologies Inc. has agreed to pay $315 million in common stock and cash to settle 54 separate shareholder lawsuits, without admitting any wrongdoing in connection with charges it violated federal and state securities laws.After the settlement proceeds are distributed, Lucent also...
BUENOS AIRES, Argentina-For the first time, Ericsson will not be the supplier to install a Telecom Personal network in Argentina, now that Alcatel has signed an agreement with the cellular operator to install a GSM/General Packet Radio Service (GPRS) network in the province of...
SCHAUMBURG, Ill.-Motorola Inc. and Lucent Technologies Inc. issued separate announcements on their programs that help software developers in the wireless arena.Lucent unveiled a new software development kit to enable mobile operators and software developers enrich services for mobile-phone users. The product, known as the...
MURRAY HILL, N.J.-Cingular Wireless L.L.C. selected Lucent Technologies Inc.'s PacketStar Multiservice Media Gateway to move voice and data traffic on its network.Lucent said the PacketStar Gateway is being deployed at thousands of Cingular cell sites and that it will enable the carrier to increase...
BELLEVUE, Wash.-Based on a new survey of the online customer care offerings of 500 companies, including 22 telecom service and equipment providers, The Customer Respect Group found one-third don't respond to inquiries sent to their Web sites, while half respond within 48 hours.The research...
NEW DELHI, India-Hughes Software Systems (HSS), a subsidiary of Hughes Electronics Corporation based in India, announced an outsourcing relationship with Lucent Technologies.Under the agreement, Lucent Technologies will outsource the software development and maintenance support for selected GSM wireless products, and HSS will set up...
MURRAY HILL, N.J.-Lucent Technologies Inc. has announced an agreement in principle with Securities and Exchange Commission staff to close an investigation begun two years ago, after Lucent discovered and notified the SEC about $679 million of revenue it had recognized improperly.Lucent will not have...
MURRAY HILL, N.J.-Lucent Technologies Inc. has introduced a new base station system known as the Flexent CDMA High Density 4.0 that it says will enable operators to increase capacity by up to three times on Lucent CDMA bases stations that have been deployed for...
FRAMINGHAM, Mass.-In a recent survey of 450 active mobile-phone users nationwide, 72 percent of respondents said they would take and place more calls in noisy environments if voice and sound quality were improved. The survey also found that 61 percent would consider switching mobile...
TRENTON, N.J.-Rating agency Standard and Poor's has removed Lucent Technologies Inc. from its credit watch list, explaining that the vendor's cash flow has stabilized in spite of the challenges ahead."Lucent faces rapidly evolving markets, which could impair its ability to sustain recent revenue levels...
SAN FRANCISCO-Researchers from Lucent Technologies Inc.'s Bell Labs announced what it describes as the world's first turbo decoder chip for terminals that support an enhanced version of UMTS called High Speed Downlink Packet Access."The Bell Labs-designed chip, which will be licensed to manufacturers of...
China's homegrown technology known as TD-SCDMA is creeping up from the industry's subconscious as it attracts more resources and quiet maneuvers from major players.The Chinese government recently allocated the 2.3 GHz and 2.4 GHz bands to Time Division Duplex, where TD-SCDMA is expected to...
MURRAY HILL, N.J.- Telecom equipment maker Lucent Technologies Inc. posted its 11th consecutive quarterly loss while reaffirming its forecast to break even in the next financial cycle.The company reported a loss of $264 million, or 11 cents per share, in contrast with a loss...
MURRAY HILL, N.J.-Lucent Technologies Inc. has introduced business-modeling tools from Bell Labs, which will allow mobile operators to show enterprises how to quantify and characterize the benefits of mobile high speed services."Using the analysis programs, mobile operators can show enterprise decision-makers the economic benefits...
MURRAY HILL, N.J.-Lucent Technologies Inc. said it has reached a tentative agreement with the Communications Workers Of America to increase wages and update its healthcare charges.The company said it agreed to a new deal before the current contract expires on May 31. General wages...
MURRAY HILL, N.J.-Lucent Technologies released a new chip the company said will work as a smart antenna for CDMA networks, doubling the networks' capacity for voice and data traffic.The new application-specific integrated circuit will work in Lucent's newly released Flexent Modular Cell 4.0 base...
ST. PETERSBURG, Russia-St. Petersburg-based Delta Telecom, an NMT 450 MHz carrier, launched the first commercial cdma2000 1x network based on the International Mobile Telecommunications-Multi Carrier (IMT-MC) standard and operating in the 450 MHz band.The network, under the Sky Link trademark, will initially target middle...
