Nokia Corp. inched toward its long-held goal of 40% global market share in the third quarter, shipped more phones than its three largest rivals combined and earned revenue and profit to match. With near-complete dominance over incumbent handset makers, Nokia is moving to address...
L.M. Ericsson warned yesterday that third-quarter sales would total about $6.8 billion, with operating profit of $875 million, sending its shares down almost one-third. CEO Carl-Henric Svanberg said the company had "underestimated" the "market dynamics," which included fewer network upgrades and expansions by its...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.CellularBhutan: L.M. Ericsson said it has been chosen by Bhutan...
As Nokia Siemens Networks continues to refine its business operations following its April merger, the company has to fend off speculation that Siemens' CEO is considering a sale of his company's 50% stake in NSN. Meanwhile, over at newly merged Alcatel Lucent, the story...
Nokia Siemens Networks reported that Eric Simonsen would trade in the temporary designation on his CFO title for a permanent one effective immediately. Simonsen had been working under the temporary tag since June when he was tapped to replace Peter Schoenhofer, who resigned from...
Nokia Siemens Networks has inked a deal with IBM Corp. to sell multiple business units in research and development and service core and applications to the company. The sale will see up to 235 employees transferred to IBM once the transaction closes, which is...
A quick stroll of the show floor reveals all sorts of flashy gadgetry and eye-popping mobile applications. But the executives behind Sprint Nextel Corp.'s Xohm would rather talk about the ecosystem than about megabits per second.WiMAX is a substantial technological step forward for the...
With a mobile WiMAX soft launch just around the corner and a nearly nationwide deployment planned for the coming year, Sprint Nextel Corp. and its many partners are working feverishly on what many consider will be a two-to-three-year time-to-market advantage in rolling out next-generation...
Nokia Siemens Networks is finalizing plans to sell its development center in Herentals, Belgium to Devoteam Group. Both companies expect the deal to be signed by the end of the month.As part of the deal, Nokia Siemens Networks will transfer all development activities in...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Bosnia and Herzegovina: M:Tel, the mobile arm of Telekom Srpske,...
The nation's first, and so far only, carrier to announce plans for a nationwide mobile WiMAX network now faces the successful completion of tens of thousands of construction projects before it reaches reality.Just a few weeks after announcing plans to collaborate on the development...
Inching closer to its long-sought goal of 40% of the global market, Nokia Corp. confirmed last week that its business is firing on nearly all cylinders.The Finnish vendor notched impressive, year-on-year, double-digit gains in handset volumes in every region but North America. The company's...
Nokia Corp. reported strong financial and market share numbers for the second quarter, notching a two-point gain in global market share to hold 38% of the world market for mobile phones at the end of the quarter. The Finnish vendor's overall revenue reached $17.2...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Serbia: Telekom Srbija has chosen Nokia Siemens to extend its...
Nokia Corp. has time on its side.With its closest competitor receding in the rear-view mirror, Nokia said during the second quarter that it would realign its business structure to become more nimble and responsive to market demands and opportunities-a change made from a position...
Editor's Note: Welcome to a special edition of our Monday feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry. In the coming weeks look for columns from Jupiter Research's...
Femtocells, or access point base stations, are making some big waves in the wireless industry this month. Shortly after ABI Research released a positive report on the outlook for femtocells, Alcatel-Lucent and Nokia Siemens Networks each announced new partnerships and detailed plans for their...
Behind the seemingly mild-mannered, Finnish face of Nokia Corp. lies the heart of a crafty predator.The company has seen the markets of the future and it plans to be more nimble to pounce on opportunity as it arises, or as its innovations and forward...
Behind the seemingly mild-mannered, Finnish face of Nokia Corp. lies the heart of a crafty predator.The company has seen the markets of the future and it plans to be organizationally more nimble to pounce on opportunity as it arises-or as its innovations and forward...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Goldman Sachs adjusted its estimates on Leap Wireless to 63 cents from 49 cents for 2007; $1.10 from $1.11 for 2008; $4.91 from $3.71...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--China: Heilongjiang MCC selected Nokia Siemens Networks to expand the...
New research shows that the early entrants into the WiMAX market-firms like Alavarion, Aperto, Redline and Airspan-will be able to profit from their jump into an unproven industry, and will not be swallowed up by larger but slower WiMAX players like Motorola Inc. and...
Nokia Siemens Networks is getting some fresh blood to fill its CFO position. Eric Simonsen, an American with varied experience in senior management positions at telecommunications and financial companies and Nokia Corp.'s global head of restructuring, assumes the CFO responsibilities effective today, the company...
New research shows that the early entrants into the WiMAX market-firms like Alavarion, Aperto, Redline and Airspan-will be able to profit from their jump into an unproven industry, and will not be swallowed up by larger but slower WiMAX players like Motorola Inc. and...
