SANTA CLARA, Calif.-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 …
Lucent Technologies
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Telecom equipment vendors posted fiscal first-quarter results and watched their stocks react accordingly. Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first-quarter net …
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NEWARK, N.J.-IDT Corp. said Detroit-based GVC Networks L.L.C. bought its Winstar subsidiaries, which provide telecommunications services to various U.S. government agencies. Though terms of the sale have not been disclosed, …
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WASHINGTON-The Bush administration today announced the availability of new Global Positioning System capabilities, accuracy and reliability upgrades that are expected to benefit cell phone communications and strengthen the U.S.’ technological …
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MURRAY HILL, N.J.-Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first quarter net loss of $104 million, or 2 cents per share. The …
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Lucent Technologies Inc. cut its earnings predictions for both the first quarter and the full year, primarily due to lower equipment sales in the United States and Canada. The telecommunications …
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MURRAY HILL, N.J.-Lucent Technologies Inc. cut its earnings predictions for both the first quarter and the full year, primarily due to lower equipment sales in the United States and Canada. …
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Lucent Technologies Inc. says it plans to appeal a U.S. bankruptcy court ruling ordering the telecommunications equipment giant to pay $244 million plus interest and other costs to Winstar Communications …
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MURRAY HILL, N.J.-Lucent Technologies Inc. says it plans to appeal a U.S. bankruptcy court ruling ordering the telecommunications equipment giant to pay $244 million plus interest and other costs to …
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After receiving clearance from Marconi Corp.’s shareholders and from the European Commission, L.M. Ericsson says it’s ready to complete its $2.24 billion acquisition of Marconi’s key telecom assets, setting up …
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Siemens AG’s equipment is not part of Cingular Wireless L.L.C.’s initial 16-city UMTS/HSDPA rollout, according to UBS Investment Research. The situation stands as a blow to the equipment provider, and …
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TORONTO-Verizon Communications Inc. said it is testing Nortel Networks Ltd.’s Internet Protocol Multimedia Subsystems solution. Nortel said the carrier is looking for IMS-compliant solutions in order to converge voice, video …
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NEW YORK-Siemens AG’s equipment is not part of Cingular Wireless L.L.C.’s 16-city UMTS/HSDPA rollout, according to UBS Investment Research, which stands as a blow to the equipment provider. Further, Siemens’ …
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SCARBOROUGH, Ontario-Canadian wireless provider Telus Mobility said it launched its CDMA2000 1x EV-DO-based network in a handful of urban centers. The initial markets include Calgary, Edmonton and Vancouver. The carrier …
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WASHINGTON-The Iraqi government’s issuance of mobile-phone licenses appears to have been pushed back from next month to June, a delay attributed to political uncertainties associated with the scheduled Dec. 15 …
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WASHINGTON-While U.S. companies have made inroads into China’s massive telecom market, they say there are still serious obstacles preventing them from competing for business in next-generation technologies and telecom services. …
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HONG KONG-Several infrastructure vendors reported successful demonstrations at the 2005 3G World Congress and Exhibition in Hong Kong. Motorola Inc. unveiled a prototype CDMA2000 1x EV-DO Revision A solution, which …
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HONG KONG-Several infrastructure vendors reported successful demonstrations at the 2005 3G World Congress and Exhibition in Hong Kong. Motorola Inc. unveiled a prototype CDMA2000 1xEV-DO Revision A solution, which the …
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ATLANTA & MURRAY HILL, N.J.-Lucent Technologies Inc. said it reached a multi-year agreement to lay the foundation for Bell South Corp.’s Internet Protocol Multimedia Subsystem architecture. Lucent said its Next …
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KING OF PRUSSIA, Pa.-Wireless technology company InterDigital Communications Corp. posted increasing revenues and a net income of $6.5 million, news that comes on the company’s announcement that it reached an …
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L.M. Ericsson announced plans to acquire 75 percent of Marconi Corp.’s telecommunication business for $2.24 billion in a move that sets up Ericsson to converge its wireless and wireline networks. …
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MURRAY HILL, N.J.-Lucent Technologies Inc. reported net income of $374 million, or 8 cents per share, in its fourth quarter, up slightly from the previous quarter when Lucent reported net …
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WASHINGTON-Lucent Technologies Inc. has been hit with a lawsuit by two retirees who allege the U.S. telecom network vendor cut back on health benefits in violation of federal law. “As …
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Cingular Wireless L.L.C. inched ahead with its planned launch of third-generation services, upgrading its UMTS networks in Seattle, Phoenix and Dallas to higher-speed HSDPA capabilities. Cingular noted it is the …
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DOUGLAS, Isle of Man-O2, Manx Telecom and Lucent Technologies Inc. announced that Europe’s Isle of Man will have a commercial HSDPA network by Nov. 1, providing mobile high-speed data services …