Siemens AG announced it intends to shave off its ailing mobile-phone business by spinning it out as a "separate legal unit." The news comes amid a 35-percent drop in Siemens' second-quarter net profit, partially due to the failures of its mobile-phone and IT operations,...
LONDON-BT, the leading U.K. fixed-line carrier, said it selected eight telecom equipment suppliers for its next-generation network that will see phones that work over both fixed and mobile networks, among other services. The network is called 21st Century Network or 21CN.BT plans to spend...
Siemens AG announced it will spin out its ailing mobile-phone operation as a "separate legal unit" and said it will probably not keep a majority stake in the business. The news comes as Siemens posted a 35-percent drop in its second-quarter net profit, partially...
MUNICH-Siemens announced a partnership with printer company Canon to allow Siemens camera-phone users to print their images to Canon printers. The partnership falls under the Mobile Imaging Printing Consortium, a group of handset and printer manufacturers developing guidelines for interoperability between mobile phones and...
WATERLOO, Ontario-Sony Ericsson Mobile Communications L.P. and Siemens AG joined the growing list of handset manufacturers selling devices that can connect to Research In Motion Ltd.'s BlackBerry wireless e-mail service.Sony Ericsson announced Singapore Telecommunications Ltd. in Singapore will sell its P910i smart phone with...
STOCKHOLM-L.M. Ericsson and Siemens AG said they have completed interoperability tests between Siemens push-to-talk handsets and Ericsson's Internet Protocol Multimedia Subsystems-based infrastructure."One of the core strengths with an IMS solution for standards-based push to talk is its ability to enable compatibility between a range...
BEIJING-Siemens AG and Huawei Technologies Inc. said they have formed a joint venture to develop products based on China's homegrown third-generation protocol known as TD-SCDMA.The JV, known as TD Tech Ltd., will enjoy initial capital of $100 million. Siemens will hold a 51-percent interest...
MUNICH, Germany-Siemens AG said it won a network expansion contract worth up to $268 million with MegaFon, one of the top three mobile operators in Russia. The framework agreement that was signed in August 2004 has now been extended from $80.4 million to $268...
Samsung Electronics Co. Ltd. and Siemens AG showed off their new wares in conjunction with the CeBIT trade show in Germany. Such announcements are especially important for Siemens, which has weathered questions over the future of its mobile-phone business.Indeed, Siemens came out of the...
Siemens AG announced it would implement an aggressive cost-cutting effort to reinvigorate its mobile-phone business, a move that coincides with the company's plan to initiate a product offensive with 15 new phones this year.Siemens' announcement comes as relatively little surprise. Industry for months has...
Siemens AG appears to be in the midst of peddling its handset business, but by all accounts the world's No. 5 phone vendor isn't having any luck. That Siemens is unable to sell its mobile-phone operations is especially notable in this era of carrier...
Proving wrong rumors of an imminent shutdown of its handset business, Siemens released three new low-end phones in an effort to trump low-cost vendors like Nokia Corp. and Motorola Inc.Siemens said the three new phones are part of its new 75 A-Series, which the...
MUNICH, Germany-Wireless investment group Siemens Mobile Acceleration said it completed its first investment in the United Kingdom with 3DiS, which specializes in machine-to-machine communications for fleet operators.SMAC is the sole investor in the round of institutional funding.3DiS offers a vehicle management system called Amicus...
DALLAS-Alcatel Alsthom will add Alvarion's WiMAX 802.16 solution to its worldwide reach and network integration capability.Both companies also said they have been selected to run WiMAX deployments in Europe, including the French broadcast service provider, TDF, and the Paris public transport agency known as...
Siemens AG will cut about 74 jobs in its North American mobile-phone business, moves that come as the company ponders what to do with its loss-making global handset operations. Siemens would not say how many workers will remain in its North American mobile-phone business...
MUNICH-Siemens said it will cut more than 1,000 jobs in its wireline business, moves the company said would help it focus on its core business as well as growth areas such as Voice over IP, Ethernet access, applications and services for broadband networks, or...
MUNICH-Siemens AG recorded a net income of $1.3 billion in its first quarter, up 38 percent from the same period a year ago. The company posted loses in its Communications division-which houses its mobile-phone and networks operations-but strong earnings in other Siemens segments helped...
The venture capital arm of Siemens said it will join Cardinal Venture Capital and Garage Technology Ventures in investing $3 million in wireless technology company PhoneBites. PhoneBites is developing a mobile-phone application that will allow users to interject sounds into a voice conversation. The...
Siemens AG officials said they have no plans to sell the company's loss-making handset business, according to reports. Industry has been awash in rumors that Siemens will either sell its mobile phone operations or form some type of joint venture with the likes of...
Although the market for W-CDMA mobile phones is still in its infancy, now is the time for most players to get a foot in the door or risk being left out in the cold. According to Strategy Analytics, the market for W-CDMA phones will...
MUNICH, Germany-Siemens AG said it has signed a $32 million contract to expand the GSM network for Pakistan Telecom Mobile Ltd., otherwise called U-Fone.The project will be completed in May next year, according to Siemens. The second-largest Pakistani carrier caters to 1.3 million subscribers.The...
Following several quarters of sluggish results, as well as a damaging phone software glitch, industry is rife with rumors that Siemens plans to shake up its mobile-phone business-a move that could involve a teaming with a company like Motorola Inc., an internal reorganization or...
MUNICH-Siemens AG said it has agreed to supply EDGE technology to Oskar Mobil of Czech Republic, making it the vendor's fifth EDGE contract in Central Europe and 15th in the world. The value of the contract was not disclosed.The carrier said it is ready...
Cingular Wireless added another Motorola Inc. phone to its line-up of exclusive devices with the release of the Windows-powered MPx220 for $300 with a two-year service contract.The quadband, clamshell-style phone features Microsoft Corp.'s Windows Mobile operating system as well as Bluetooth, an integrated 1.2-megapixel...
