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 "amicable resolution" in its patent dispute with Lucent Technologies Inc.Under the terms of the...
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. "The acquisition of the Marconi businesses has a compelling strategic logic and is a...
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 income of $372 million, or 7 cents per share.The results contrast wildly with the...
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 a result of this willful violation of the terms of the medical and pension...
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 first carrier in the world to commercially launch a HSDPA network. The upgrades were...
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 based on Lucent's UMTS/HSDPA and Internet Protocol Multimedia Subsystem solutions. The companies said the...
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 based on Lucent's UMTS/HSDPA and Internet Protocol Multimedia Subsystem solutions.The companies said the third-generation...
HONG KONG-Lucent Technologies Inc. announced it is expanding its broadband access portfolio with the launch of Lucent Multimedia Access Platform, an Internet Protocol-based solution that Lucent said delivers profitable, high-bandwidth video/IPTV, multimedia and Voice over IP services on a mass-market scale.The company said the...
Lucent Technologies Inc. and L.M. Ericsson said they have upgraded three of Cingular Wireless L.L.C.'s UMTS networks with higher-speed HSDPA capabilities. Lucent said it installed the upgrades on Cingular's network in Seattle and Phoenix, while Ericsson said it performed the enhancements in the Dallas/Fort...
SAN DIEGO-Leap Wireless International Inc. and its joint-venture partner Alaska Native Broadband 1 License L.L.C. reported a pair of contracts with Lucent Technologies Inc. and Nortel Networks Ltd. to supply CDMA2000 1x EV-DO infrastructure in existing markets and new markets that Leap and ANB...
WASHINGTON-Aloha Partners L.P. and Lucent Technologies Inc. showcased a new third-generation high-speed data network at 700 MHz aimed to benefit the Phoenix Fire Department and Bureau for Homeland Defense. The public-safety demonstration is set to take place in early 2006 in Phoenix using Aloha...
WASHINGTON-Aloha Partners L.P. and Lucent Technologies Inc. showcased a new third-generation high-speed data network at 700 MHz aimed to benefit the Phoenix Fire Department and Bureau for Homeland Defense.The public-safety demonstration is set to take place in early 2006 in Phoenix using Aloha Partner's...
SAN DIEGO-Leap Wireless International Inc. and its joint-venture partner Alaska Native Broadband 1 License L.L.C. reported a pair of contracts with Lucent Technologies Inc. and Nortel Networks Ltd. to supply CDMA2000 1x EV-DO infrastructure in existing markets and new markets that Leap and ANB...
Regional wireless operator MetroPCS Communications Inc. attracted $600 million in venture-capital funding from Madison Dearborn Partners L.L.C. and TA Associates as part of a $739 million minority equity investment in the carrier. MetroPCS said it will use a portion of the proceeds to fund...
Lucent Technologies Inc. announced it signed a three-year agreement with electronics manufacturing services company Celestica Corp. giving Celestica exclusive rights to manufacture Lucent's existing and new wireless products, according to a Securities and Exchange Commission filing."The agreement with Celestica is part of our effort...
Regional wireless operator MetroPCS Communications Inc. attracted $600 million in private-equity funding from Madison Dearborn Partners L.L.C. and TA Associates as part of a $739 million minority equity investment in the carrier. MetroPCS said it will use a portion of the proceeds to fund...
Nortel Networks Ltd. is reorganizing, forming two new product groups and four regional teams to strengthen its enterprise focus, drive product efficiencies and deliver global services. Nortel said the new alignment includes two product groups each led by its own president-Enterprise Solutions & Packet...
Deals were announced and applications launched last week as the large wireless vendors fanned the flames of the hot and getting-hotter mobile content market. L.M. Ericsson said it will distribute ring-back tones from EMI Music's catalog of music as part of Ericsson's hosted ring-back...
SAN FRANCISCO-Lucent Technologies Inc. launched the Lucent Hosted Custom Applications Center, saying the center aims to enable service providers to rapidly introduce differentiated services, with low upfront investments and other operational and financial advantages."This is a crucial component in Lucent's overall applications strategy," said...
According to most industry observers, all systems are go in the worldwide wireless industry. Predictions show significant sales opportunities in emerging markets like India, where handset costs are plummeting below $50, and some carriers have figured out how to make money from $5-per-month service...
WASHINGTON-The Bush administration's plan to zero out an embattled, government-backed telecom venture-capital fund before next year's auction of third-generation mobile-phone and other wireless licenses appears to have fizzled. A confluence of factors-particularly the turnaround efforts of Silicon Valley veteran James Pastoriza-may just save the...
Nortel Networks Ltd. announced its market strategy for WiMAX product development, saying it has formed alliances with Intel Corp. for mobile WiMAX and Airspan Networks Inc. for fixed WiMAX development. Nortel said these new alliances will complement WiMAX work already under way with LG...
Infrastructure vendor Siemens AG and PC card maker Novatel Wireless Inc. announced they jointly will sell High-Speed Downlink Packet Access products. Siemens will supply the HSDPA infrastructure gear, and Novatel will offer compatible PC cards as a "preferred partner." "To ensure the economic success...
NEW YORK-Lucent Technologies Inc. said it received a $901 million tax refund from the Internal Revenue Service Tuesday. The payment included a refund of $816 million plus interest of $86 million. The refund was part of a previously announced agreement between Lucent and the...
