MURRAY HILL, N.J.—Lucent Technologies Inc. said it is the first vendor in North America and one of the first worldwide to make its third-generation cdma2000 equipment and software available for commercial launch."Mobile operators that upgrade their current-generation networks to cdma2000 will have the capability...
MURRAY HILL, N.J.—Lucent Technologies Inc. said its bank group has given it the go-ahead to renegotiate its $4 billion loan by recording the business restructuring and other charges.The green light also allows the company to change the conditions to spin off its semiconductor unit,...
The NextWave Telecom Inc. saga continued last week as the hopeful wireless wholesaler unveiled funding plans to roll out its network, while its potential wireless competitors/customers continued to look for ways to wrestle some control over licenses that are still waiting for a proper...
NEW YORK-Nortel Networks Corp. and Sprint PCS affiliate Alamosa Holdings Inc. tapped the debt markets for a total of $1.65 billion last week, providing another reminder that telecommunications bond buyers recently have been rushing in where stock investors fear to tread.The latest debt deals...
One man's asset recovery is another man's poison.Like a stylized garage sale, wireless equipment manufacturers are auctioning off excess inventories, which are being shipped to needy markets in the United States and developing countries in Africa, Asia and Latin America.Industry sources estimate the business...
Even the last bastion has been hit.The heat of the economic slowdown is choking contract electronics manufacturers that help the major original equipment manufacturers make their phones and infrastructure equipment.The scourge of high inventory levels with the OEMs and operators has infected the CEMs,...
NEW YORK-In profits, the category that counts the most, Nokia Corp. retained top billing, with Ericsson Inc. holding on to second place, according to information from Standard & Poor's.Lucent Technologies Inc., which ranked sixth last year, moved into third place, displacing ADC Telecommunications Inc.,...
Nortel Networks Corp., L.M. Ericsson and Siemens AG may be the major vendors to improve their harvests from the new balance of power that the third generation of technologies will generate in the European GSM infrastructure space, according to a new report by The...
While lawyers have spent the past four years wrangling over the fate of Nextwave Telecom Inc.'s 93 C- and F-block licenses, the wanna-be telecom company has been moving ahead with its plans to build out and launch its network. With the U.S. Court of...
Motient Corp. posted another slow quarter last week, showing total revenue of $23.7 million on a net loss of $65.5 million, and warned that the current economic slowdown has begun to affect the company's subscriber totals and could continue to do so."Current IT (information...
WASHINGTON-A Richardson, Texas, inventor says he has developed a way to allow public safety answering points to call back non-initialized phones that make 911 calls.The statement comes as the industry, public-safety agencies and consumer advocates submitted comments on proposed Federal Communications Commission rules that...
Two major equipment vendors, one in the United States and the other in Europe, continued to walk on clay feet last week.Motorola Inc. announced a second-quarter loss while Marconi plc's stock fell, triggering speculations of a takeover, lawsuits from investors and anger among unions.However,...
While the event was not celebrated with fireworks across the country, AT&T Wireless finally was able to celebrate its independence last week as it began its first trading day as an independent company. And, while most people were not expecting AT&T Wireless' stock to...
Close below the surface of the third-generation mobile-phone spectrum debate is a technology war, the kind of feud industry thought was behind it and wanted to avoid as it tries to present a unified front in the campaign to wrestle away frequencies from the...
Like two pods in a peanut shell, Lucent Technologies Inc. plans to realign its business operations into two main divisions-wireless and wireline.It is part of the Murray Hill, N.J.-based company's efforts to evolve a business model to rescue it from its series of financial...
NEW YORK-In a preview of its second-quarter corporate debt outlook, to be published July 27, Standard & Poor's Corp. said "the large loss announced in June by Nortel Networks Corp. and the downgrade of Lucent Technologies Inc. ... to high-yield" status created a broad...
WASHINGTON-China, the world's largest potential wireless export market, is on the verge of entering the World Trade Organization as officials wrap up negotiations to culminate a process that has been 15 years in the making.WTO officials last week said talks on China's application for...
Expand coverage. Reduce interference. Increase capacity. Enable higher bandwidth.These are the four corners of Conductus Inc.'s philosophy in rolling out its ClearSite solutions for first-, second- and next-generation air-interface standards.To bring these lofty dreams to fruition, the company has produced the ClearSite 2100 systems...
CAMPINAS, Brazil-Telesp Cellular, a subsidiary of Portugal Telecom, and Lucent Technologies Inc. have signed a $130 million contract to upgrade Telesp's mobile network in Brazil to third-generation technology.Lucent will offer its 3G-ready Flexent network switches, base stations and software, enabling high-speed instant messaging, wireless...
WASHINGTON-In an effort to prove it is a viable company and at the same time help a struggling icon, bankrupt NextWave Telecom Inc. said on July 2 it has signed a contract with Lucent Technologies Inc. to begin building out a CDMA network."We are...
Mobile-phone maker LG InfoComm U.S.A. Inc. has been "in the closet, so to speak," according to Michele Thenegal, the company's marketing director.While LG InfoComm hasn't been completely dormant during its time in the closet-the company said it garnered about 11 percent of the U.S....
If there were ever any doubts that voice-recognition technology would become a big business, New York state swiftly put those questions to bed when it passed a state law two weeks ago banning the use of mobile phones while driving.Such a well-publicized legislative move,...
H.O. SystemsH.O. Systems has chosen Scott Berry as vice president of professional services. His 12 years of industry experience includes executive positions at Alltel, Convergys and Cellular One. At H.O., Berry will be responsible for streamlining and growing business operations for the company. Of...
NEW YORK-Voice Signal Technologies Inc. will begin commercial sale later this summer of its VoiceTag wireless communications speech- recognition solution, designed to be embedded in the device instead of relying on computer servers or distributed architecture.The privately held company, headquartered in Woburn, Mass., is...
