PARIS—Alcatel Inc.’s board of directors is meeting in Paris today to review its “merger of equals” with longtime rival telecom equipment vendor Lucent Technologies Inc. Though the French company said …
Lucent Technologies
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TORONTO—Current and former directors, officers and employees of Nortel Networks Ltd. are forbidden by the Ontario Securities Commission to trade shares of the company’s stock, Nortel said in a statement. …
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WASHINGTON-The telecom industry gathered last week in Las Vegas for a convention sponsored by the United States Telecommunications Association. Next week, many of the same people will visit Sin City …
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Merger talks between Alcatel Inc. and Lucent Technologies Inc. could put the entire infrastructure industry in play as consolidation among telecom carriers trickles down to their suppliers. Indeed, Merrill Lynch …
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PARIS—Alcatel Inc. and Lucent Technologies Inc. confirmed they are in talks to create a “merger of equals,” a transaction that would result in a single telecom equipment company with a …
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SANTA CLARA, Calif.—Lucent Technologies Inc. outbid L.M. Ericsson in the auction of Ethernet developer Riverstone Networks Inc.’s business. Riverstone said Lucent’s final bid was $207 million in cash along with …
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WASHINGTON-The Federal Communications Commission is seeking comment on whether broadband services can be used in the 700 MHz public-safety band. Twenty-four megahertz of spectrum is becoming available with the transition …
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SANTA CLARA, Calif.—L.M. Ericsson and Lucent Technologies Inc. could find themselves in a bidding war today for Ethernet developer Riverstone Networks Inc. Ericsson submitted a competing offer for Riverstone just …
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What does $67 billion buy these days? Convergence nirvana, for one thing. If AT&T Inc.’s offer for BellSouth Corp. gets approved, as it’s expected, big-time convergence could finally start happening …
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Lucent Technologies Inc. is swimming in new contracts, announcing seven deals valued at more than $300 million at the CeBIT 2006 trade show. “Our customers’ competitive landscape continues to undergo …
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AT&T Inc.’s planned acquisition of BellSouth Corp. could be great for consumers, but the news isn’t so great for telecom equipment vendors, already suffering from declining profits. “In our view, …
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HANOVER, Germany—Lucent Technologies Inc. is swimming in new contracts, announcing seven deals worth more than $300 million at the CeBIT 2006 trade show. “Our customers’ competitive landscape continues to undergo …
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ATLANTA—AT&T Inc. announced Sunday that it will merge with Baby Bell BellSouth Corp. in a $67.1 billion, all-stock transaction that, if approved by regulators, would give Cingular Wireless L.L.C. a …
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SCHAUMBURG, Ill.—Motorola Inc. says it’s combining its Networks and Government & Enterprise Mobility Solutions business units into one entity for the sake of cost savings and efficiency. The company named …
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MURRAY HILL, N.J.—Lucent Technologies Inc. gave its corporate controller, John Kritzmacher, the nod to succeed Frank D’Amelio as chief financial officer. D’Amelio left Lucent’s CFO post up for grabs when …
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AUSTIN, Texas—Chipmaker Wintegra Inc. announced plans for an initial public offering in which it hopes to raise as much as $86 million. The company makes silicon for a variety of …
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MURRAY HILL, N.J-Lucent Technologies Inc. said it won a contract to conduct a threat assessment of Europe’s wireless, wireline and Internet networks. The contract, which was awarded by the 25-member …
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As all things GSM were talked about last week during the 3GSM World Congress trade show, the wireless industry was put on notice that Cingular Wireless L.L.C. is getting down …
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With equipment orders not rolling in like they used to, or at least having slowed down slightly, equipment vendors are looking for new ways to bring in revenues. At the …
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BARCELONA, Spain-The evolution toward convergence could make for some strange bedfellows. The 3GSM World Congress was named for third-generation cellular services, but it was the alphabet soup of other technologies …
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ATLANTA—Cingular Wireless L.L.C. looks to be getting down to business with its national third-generation network buildout plans. L.M. Ericsson and Lucent Technologies Inc. both announced contract expansions with Cingular to …
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MURRAY HILL, N.J—Lucent Technologies Inc. said it won a contract to conduct a threat assessment of Europe’s wireless, wireline and Internet networks. The contract, which was awarded by the 25-member …
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BARCELONA, Spain—The GSM Association said it has started interoperability trials for video services in Europe, Asia and the United States that would allow wireless users to share live video clips …
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Lucent Technologies Inc. said it agreed to purchase Ethernet developer Riverstone Networks’ assets for $170 million in cash. Most of Riverstone’s employees are expected to join Lucent as part of …
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WASHINGTON-Wireless, telecom and high-tech sectors that spend an estimated $300 million a year to change the hearts and minds of congressmen, federal regulators and White House officials are unlikely to …