PARIS-Alcatel Inc. cut a deal with Nortel Networks Ltd. to buy the Canadian supplier's UMTS radio access business for $320 million.Alcatel says the purchase will strengthen its UMTS market position as well as its research-and-development capabilities, namely in HSxPA and next-generation Long-Term Evolution."We are...
PARIS—Alcatel Inc. cut a deal with Nortel Networks Ltd. to buy the Canadian supplier’s UMTS radio access business for $320 million. Alcatel says the purchase will strengthen its UMTS market position as well as its research and development capabilities, namely in HSxPA and third-generation...
Nortel Networks Ltd. came out of the closet last week touting dual-radio Wi-Fi gear that's being used in large-scale network deployments in Moscow and Taipei, Taiwan, as well as in small and medium-sized cities, counties and university campuses. Kyle Klassen, director of Mobility Marketing...
The value of the contract is included when available. Click here for additional infrastructure awards from RCR Wireless News.CellularFrance: Bouygues Telecom selected Nortel Networks as a supplier for its national high-speed mobile Internet and voice network. Nortel will provide HSDPA technology for the deployment...
While the long-term vendor ramifications of Sprint Nextel Corp.'s plan to deploy a WiMAX network remain uncertain, it's clear that the early winners are Intel Corp., Motorola Inc. and Samsung Electronics Co. Ltd.-while the biggest losers are Qualcomm Inc. and its Flarion Technologies Inc.-developed...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierRBC Capital Markets downgraded Sprint Nextel Corp. to sector perform from outperform and...
PARIS-Alcatel Inc. appears to be strengthening its UMTS market share as the French vendor bought out Fujitsu's 34-percent stake in the pair's UMTS joint venture, while at the same time, reports began surfacing saying Alcatel is on the brink of buying Nortel Networks Ltd.'s...
Nortel Networks Ltd. swung from a $33 million net loss at the close of last year's second quarter to a profit of $366 million this year, thanks to a 30-percent decline of its stock price during the quarter. The company's lowered stock price led...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierStandard & Poor’s Ratings Services cut its corporate credit and unsecured debt ratings...
PARIS—French news organizations reported Alcatel Inc. has confirmed that it bought Fujitsu’s remaining 34 percent stake in the UMTS joint-venture, Evolium, which the two companies formed in 2000. Though financial details have not been disclosed, the purchase is interesting because Alcatel has been rumored...
TORONTO—Nortel Networks Ltd. posted second-quarter profits of $366 million from $2.74 billion in revenues, up from last year’s $33 million net loss based on revenues of $2.62 billion. "Our second quarter performance underscores both the challenges and good progress we are making with Nortel’s...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News to rant and rave about whatever rubs us the...
HAMPSHIRE, England—Mobile WiMAX is set to outpace fixed WiMAX technology, according to a new report from Juniper Research, which claims that mobile WiMAX will grow from 1.7 million subscribers in 2007 to 21.3 million by 2012. Juniper released its WiMAX report as the initial...
Marking its first commitment to Internet Protocol Multimedia Subsystem technology, Verizon Wireless, joined by a handful of network infrastructure heavy-hitters, unveiled Advances to IMS, or A-IMS, a concept document along with an architecture overview aimed at jump-starting standards development of IMS technology for wireless...
Nortel Networks Ltd. is making organizational changes in its GSM and UMTS access businesses, which could lead to a selling of the company's UMTS access business, according to UBS Investment Research. Nortel's heads of both its WiMAX and Converged Core Networks "have moved on."...
As news of Motorola Inc.'s joint venture with Huawei Technologies Co. Ltd. sinks in, analysts offered insights as to what the partnership means to the two companies as well as the wireless industry as a whole. Technology Business Research's Bill Lesieur said that the...
BASKING RIDGE, N.J.—Verizon Wireless and a group of industry network suppliers have set out what they see as a path to advance mobile network architecture and transition networks to IMS, or Internet Protocol Multimedia Subsystem. The companies involved in the Advances to IMS, or...
SHANGHAI, China—Motorola Inc. and Huawei Technologies Co. Ltd. are teaming up to launch what they call an "enhanced and extensive" suite of UMTS and HSPA infrastructure equipment to carriers. The companies said a new research and development center in Shanghai, China is a key...
Nortel Networks Ltd. and Microsoft Corp. are teaming up to provide unified communications with the intent of transforming business communications systems. The companies said they agreed on a four-year deal to share technology and marketing to accelerate the availability of unified communications, breaking down...
Without divulging financial details, Nortel Networks Ltd. bagged what is likely a hefty contract to supply Verizon Wireless with CDMA2000 1x EV-DO Revision A network technology beginning in the third quarter. Albert Lin, telecom analyst at American Technology Research, estimated that Verizon's total Rev....
TORONTO—Nortel Networks Ltd. bagged what is likely a hefty contract to supply Verizon Wireless with CDMA2000 1x EV-DO Revision A network technology beginning in the third quarter. Though Nortel didn't disclose financial terms of the deal, Albert Lin, telecom analyst at American Technology Research,...
TORONTO—Nortel Networks Ltd. and Microsoft Corp. are teaming up to provide unified communications with the intent of transforming business communications systems. The companies said they agreed on a four-year deal to share technology and marketing to accelerate the availability of unified communications, breaking down...
A recent report from Lehman Brothers Equity Research suggests that Cingular Wireless L.L.C. plans to cut its capital expenditures next year by $1.5 billion, a 20-percent drop from the $7.5 billion the nation's leading carrier is planning to spend this year. However, Lehman Brothers...
As if the Texas wireless market wasn't hot enough-with Leap Wireless International Inc. launching its Cricket Communications service left and right, and T-Mobile USA Inc. responding aggressively-a new, flat-rate wireless carrier recently set up shop in San Antonio and hopes to expand service elsewhere...
