SAN DIEGO-Qualcomm Inc. and Lucent Technologies Inc. said they have completed a series of UMTS packet data calls, describing it as the “first such demonstration . with commercial 3G infrastructure …
Lucent Technologies
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NEW YORK—Still smarting from low operator demand, Lucent Technologies Inc. said it expects its quarterly revenue to fall by 10 percent to 15 percent from the previous quarter’s $3.52 billion, …
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STOCKHOLM, Sweden—Shareholders of equipment vendor Ericsson AB have approved a $3.1 billion rights issue to help the company through uncertain times. Like Nortel Networks, Motorola Inc. and Lucent Technologies Inc., …
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CARACAS, Venezuela—Telcel BellSouth has signed a contract to allow Lucent Technologies Inc. to build its wireless network based on cdma2000 technology. Lucent will upgrade the carrier’s CDMA base stations with …
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MURRAY HILL, N.J.—Purchasers of Winstar Communications securities have sued Lucent Technologies Inc. for an undisclosed sum, accusing Lucent of causing Winstar’s stock to lose value before Winstar filed for bankruptcy …
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NEW YORK—Lucent Technologies Inc. plans to cut about 5,000 more jobs, contrary to what the company had envisioned, according to the Wall Street Journal.The U.S.-based telecom gear maker, which has …
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SAN DIEGO—Leap Wireless International Inc. amended the vendor-financing agreements between its wholly owned subsidiary Cricket Communications Inc. and Ericsson, Lucent Technologies Inc. and Nortel Networks designed to provide greater flexibility …
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BUENOS AIRES, Argentina—As a result of the Argentine crisis, company Impsat Fiber Networks reached an agreement with its creditors to transfer all its shares to them in exchange for renegotiating …
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ORLANDO—The Cellular Telecommunications & Internet Association honored three recipients of its 2002 President’s Awards last night. The annual awards go to individuals and companies who have made an outstanding contribution …
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MURRAY HILL, New Jersey, United States—Compaq Computer signed an agreement with Lucent Technologies to collaborate in speeding up wireless capabilities in Compaq iPAQ Pocket PC and Compaq Evo notebooks, which …
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HANOVER, Germany—E-plus, Germany’s third largest wireless operator, selected Lucent Technologies to provide its MiLife SurePay real-time billing system for its GSM network. Lucent said the solution will allow E-plus to …
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MURRAY HILL, N.J.—Lucent technologies Inc. said it has introduced two cdma2000 base station systems to enable operators to increase capacity. Verizon Wireless is the first carrier to deploy the product, …
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MURRAY HILL, N.J.—Lucent Technologies Inc. introduced its MiLife Intelligent services gateway to enable mobile operators to develop and deliver enhanced voice and data services for third-generation networks. “With the MiLife …
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NEW YORK—Lucent Technologies Inc. said that Global Crossing Ltd. owes it $123 million, not $31 million as listed in Global Crossing’s request for Chapter 11 bankruptcy protection, according to the …
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MILPITAS, Calif.—Contract electronic manufacturer Solectron says it is negotiating a deal to buy Lucent Technologies Inc.’ specialized equipment and usable inventory for between $250 million and $290 million. In a …
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MURRAY HILL, New Jersey, United States—Telecom Equipment maker Lucent Technologies posted a first-quarter operating loss of US$757 million in contrast with US$1.4 billion in the year-earlier period. The results beat …
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BANGALORE, India—PrairieComm Inc., a software supplier to mobile handset makers, has launched a software center in India in which it plans to invest up to $10 million in three years. …
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MURRAY HILL, N.J.—Hutchison Telecom, Telstra and Optus are among the companies in talks with Lucent Technologies Inc. to buy parts of One.Tel Network, which has collapsed. Last May the company …
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SWINDON, U.K.—Lucent Technologies Inc. and Qualcomm Inc. said they have collaborated to place a series of voice calls employing UMTS technology in compliance with the 3G Partnership Program. “Lucent tested …
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WASHINGTON, D.C.—Eight hundred dislocated workers at Lucent Technologies Inc. will benefit from a $42.9 million grant from the U.S. Department of Labor made available under the National Emergency Grant program. …
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ROCHESTER, N.Y.—Eastman Kodak Company announced it will spin off its wireless business into a company called Appairent Technologies Inc., which will develop technology for the wireless transmission of high-quality video, …
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WARREN, N.J.—Wireless power amplifier supplier Celiant Corp. announced it purchased most of the assets of Fujant Inc., which was a power amplifier start-up company. “Current industry conditions favoring consolidation allowed …
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NEW YORK—Lucent Technologies Inc. said it has sold 80 percent of its New Ventures Group portfolio to British-based Coller Capital. The portfolio will be called New Venture Partners 11 L.P. …
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NEW YORK—Lucent Technologies Inc., which purchased Kenan Systems Corp. for $1.48 billion in stock in early 1999, has agreed to sell the billing and customer care unit for $300 million …
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A new organization is being created to represent the views of American GSM and TDMA wireless carriers as they convert to third-generation wireless technologies such as GPRS, EDGE and W-CDMA. …