SINGAPORE—Lucent Technologies Inc., L.M. Ericsson, Motorola Inc. and other wireless vendors announced a range of contract wins at the CommunicAsia trade show taking place this week in Singapore. First up, Lucent announced a new $10 million deal with Telecom New Zealand to upgrade the...
WASHINGTON-Could a small wireless deal in an age of blockbuster mobile-phone mergers be a threat to national security? The Federal Communications Commissions will make the call as it considers Japan's NTT DoCoMo Inc.'s proposed $72 million purchase of Guam Cellular & Paging Inc. and...
FRANKFURT, Germany—Nokia Corp. and Siemens AG struck a deal to combine Nokia’s Networks Business Group with Siemens’ fixed and mobile networks operations, creating a 50-50 joint venture to be called Nokia Siemens Networks. The companies noted that their infrastructure businesses currently generate a combined...
MURRAY HILL, N.J.-The merger of Lucent Technologies Inc. and Alcatel has received regulatory approval from federal antitrust authorities, according to a filing by Lucent with the U.S. Securities and Exchange Commission. According to the filing, the companies expect the merger to be completed within...
CHICAGO-Lucent Technologies Inc. kicked off the Globalcomm trade show with an early morning press conference to introduce its new next-generation network architecture called "Acuity." Speaking to a group of analysts and media, Lucent Chief Marketing Officer John Giere explained that Acuity delivers high-bandwidth Internet...
At last week's Globalcomm show in Chicago, telecom vendors paraded their technological wares, giving us a peek at their network roadmaps. The future, as the vendors see it, will be dominated by mobile TV, and this phenomenon is shining a bright light on Internet...
MURRAY HILL, N.J.—The merger of Lucent Technologies Inc. and Alcatel has received regulatory approval from federal antitrust authorities, according to a filing by Lucent with the U.S. Securities and Exchange Commission. According to the filing, the companies expect the merger to be completed within...
The United States last week struck a historic trade deal with Vietnam, the communist nation and one-time foe whose name pops up a lot these days as we find ourselves bogged down militarily in another overseas hot spot.The U.S.-led coalition made it possible for...
CHICAGO—Lucent Technologies Inc. kicked off the Globalcomm trade show with an early morning press conference to introduce its new next-generation network architecture called "Acuity." Speaking to a group of analysts and media, Lucent Chief Marketing Officer John Giere explained that Acuity delivers high-bandwidth Internet...
NEW YORK—The trend toward managed network operations and maintenance will have much greater impact on the wireless industry than consolidation, concludes Mercer Management Consulting after researching telecom sector developments. After interviews with more than 100 senior telecom executives and industry observers, the firm said...
WASHINGTON-Alcatel SA and Lucent Technologies Inc. have been forced to defend their proposed trans-Atlantic merger after a key lawmaker raised security concerns about the deal in a letter to President Bush. "I have several grave concerns about the potential merger of French-owned Alcatel and...
WASHINGTON—Alcatel SA and Lucent Technologies Inc. have been forced to defend their proposed transatlantic merger after a key lawmaker raised security concerns about the deal in a letter to President Bush. "I have several grave concerns about the potential merger of French-owned Alcatel and...
As earnings reports tumbled in, equipment vendors pointed to third-generation pricing wars and the still-not-granted 3G licenses for China's advanced network buildout as reasons for sluggish financials. Alcatel Inc. reported strong growth in its fixed-line business during the first quarter, but intense competition in...
KING OF PRUSSIA, Pa.-Nokia Corp. has agreed to pay $253 million to InterDigital Communications Corp. to settle a long-running patent dispute between the companies, according to InterDigital. InterDigital's stock soared more than 20 percent on the news to around $27.01 per share. Nokia's stock...
KING OF PRUSSIA, Pa.—Nokia Corp. has agreed to pay $253 million to InterDigital Communications Corp. to settle a long-running patent dispute between the companies, according to InterDigital. InterDigital’s stock soared more than 20 percent on the news to around $27.01 per share. Nokia’s stock...
PARIS—Alcatel Inc. reported strong growth in its fixed-line business during the first quarter, but intense competition in mobile network equipment sales hurt the company’s operating margin, which rose to 6.5 percent from 4.1 percent a year ago, but fell below analyst expectations of 8...
MURAY HILL, N.J.—Lucent Technologies Inc. says weakened North American wireless sales coupled with the delay in China’s third-generation network buildout caused the company’s second-quarter earnings to fall 32 percent. Lucent posted a second-quarter net income of $181 million from $2.14 billion in revenues. The...
Hysteria about Voice over Internet Protocol is apparently not without cause, as VoIP is claiming a big (and-getting-bigger) piece of the communications market. Earthlink Inc. and Linksys, a Cisco Systems Inc. subsidiary, late last week teamed up to offer retail shoppers at 30 Fry's...
SCHAUMBURG, Ill.—Motorola Inc. reported robust sales of its wireless handsets in the first quarter and a nearly 5-percent gain in global market share over the year-ago quarter to 21 percent. The company’s positive handset news confirmed that it had achieved its stated ambition to...
SCHAUMBURG, Ill.—Financial analysts are awaiting Motorola Inc.’s first-quarter earnings report—scheduled for later today—which may exceed the company’s own projections and those of Wall Street made in the fourth quarter of 2005 when handset sales growth was expected to slow this year. Motorola’s industry-wide megahit...
WASHINGTON-The Bush administration last week said China agreed to further open its massive telecom market and to refrain from favoring its homegrown third-generation wireless standard over other technologies, progress U.S. trade officials highlighted even as they pressured other trading partners to lower excessive mobile...
Espoo, Finland—Nokia Corp. announced that the average selling price for its mobile handsets in the first quarter was around $125, up from $120 in the previous quarter. The Finnish wireless behemoth had previously estimated that its ASPs in the first quarter would be flat...
The "merger of equals" between Alcatel Inc. and Lucent Technologies Inc. is officially moving forward with Lucent's chief executive, Pat Russo, set to lead the yet-to-be-named Paris-based telecom giant, the companies said.Alcatel's Mike Quigley, corporate operations officer, will be part of a multicultural management...
LAS VEGAS-No big-time mergers for L.M. Ericsson, said the company's chief executive, Carl-Henric Svanberg, during a press conference Thursday.As Svanberg laid out Ericsson's technology strategy, he explained that the current trend toward vendor consolidations puts pressure on the smaller firms and gives large players...
