TORONTO—Nortel Network Ltd. nabbed another General Electric Co. Ltd. executive, naming Joseph Flanagan its new vice president of Order Management.Nortel said Flanagan will report to another former GE employee, Joel Hackney, who joined Nortel in December as vice president of global supply chain and...
Eager to capture a piece of an estimated $2 billion equipment market, Texas Instruments Inc. is plunging into the WiMAX infrastructure business. The company today introduced a number of components it said comprise an end-to-end solution that gives carriers and infrastructure vendors the ability...
REDWOOD CITY, Calif.—Two new reports on the wireless infrastructure market offered an upbeat review and outlook. Dell’Oro Group released a new study that found the mobility infrastructure equipment market grew 7 percent last year to reach $40.1 billion, the highest level recorded in a...
TORONTO—Nortel Networks Ltd. announced it has hired George Riedel to serve as the company’s chief strategy officer.Riedel has worked as Juniper Networks’ vice president of strategy and corporate development since 2003. Prior to joining Juniper, Riedel spent 15 years at consulting firm McKinsey and...
As all things GSM were talked about last week during the 3GSM World Congress trade show, the wireless industry was put on notice that Cingular Wireless L.L.C. is getting down to business with its national UMTS network buildout plans. The carrier announced contract expansions...
With a new venue, La Fira Barcelona, and more than 50,000 attendees, this year's 3GSM World Congress combined old and new in a splendid way-and showed once again that the more things change, the more they stay the same.The industry picked up a few...
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. CellularAustria: L.M. Ericsson signed a contract to supply HSDPA hardware...
ATLANTA—Cingular Wireless L.L.C. looks to be getting down to business with its national third-generation network buildout plans. L.M. Ericsson and Lucent Technologies Inc. both announced contract expansions with Cingular to continue supplying the nation’s largest carrier with UMTS and HSDPA equipment and integration services....
DALLAS—Nothing says "I’m sticking with you" like a three-year contract for network services and equipment. Cingular Wireless L.L.C. said it will stand by its long-time equipment supplier, the much beleaguered Nortel Networks Ltd., as the nation’s largest carrier gets serious about upgrading its network...
Nortel Networks Ltd. said it may pay more than $2.4 billion in cash and stock to settle a pair of shareholder lawsuits filed as a result of the company's accounting fraud scandal. The company said it agreed in principle to pay $575 million in...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersPrudential Equity Group lowered its price target and estimates on iPCS Inc. after the company reported first-quarter results, including revenue and ARPU results that fell...
TORONTO-Nortel Networks Ltd. said it may pay more than $2.4 billion in cash and stock to settle two shareholder lawsuits filed as a result of the company's accounting fraud scandal. The company said it agreed in principle to pay $575 million in cash and...
TORONTO-Nortel Networks Corp. announced plans to re-enter the broadband access market, unveiling a teaming with Huawei Technologies Co. Ltd. to develop access offerings for service providers around the world. The companies said they plan to establish a joint venture that would sell products to...
TORONTO-Nortel Networks Corp. announced plans to re-enter the broadband access market, unveiling a teaming with Huawei Technologies Co. Ltd. to develop access offerings for service providers around the world.The companies said they plan to establish a joint venture that would sell products to converge...
MORRISVILLE, N.C.-Tekelec named former Nortel executive Frank Plastina president, chief executive officer and board member.Plastina replaces Fred Lax, who announced his resignation in October, saying for personal reasons he did not intend to move with the company when it relocated corporate headquarters from California...
The Chinese government has given its homegrown TD-SCDMA technology a thumbs up, calling it an officially backed standard, the Xinhua news agency reported. China's Ministry of Information Industry said the technology is "already mature and ready for manufacturers to move ahead with production."Industry analysts...
TORONTO-Nortel Networks Corp. named Dennis Carey as its new executive vice president of corporate operations, even though Carey is a former Motorola Inc. executive. Carey served most recently as Motorola's executive vice president, president and chief executive of integrated electronic systems. He is also...
BELLEVUE, Wash.-Kristin Rinne, chief technology officer for Cingular Wireless L.L.C., will serve a second term as chairwoman of 3G Americas after being re-elected by the GSM technology organization's board of governors. Rinne has worked in the telecommunications industry for more than 25 years. Alan...
SAN DIEGO-Sky MobileMedia Inc., which provides wireless software platforms, named Naser Partovi as its new president and chief executive officer. Previously, Partovi was managing director at Enterprise Partners Venture Capital, where he managed investments in media communications, networking and telecommunications companies. Enterprise Partners led...
BELLEVUE, Wash.-Kristin Rinne, chief technology officer for Cingular Wireless L.L.C., will serve a second term as chairperson of 3G Americas after being re-elected by the GSM technology organization's board of governors. Rinne has worked in the telecommunications industry for more than 25 years and...
TORONTO-Nortel Networks Ltd. named former General Electric Co. executive Don McKenna as its new vice president of Global Manufacturing Services. Nortel said McKenna will play a "pivotal" role in transforming the company's supply chain as he oversees all aspects of manufacturing services, from materials...
Motorola Inc. purchased Texas-based Wireless Valley Communications, a privately held company that creates software for designing and managing wireless networks including cellular, RFID, Wi-Fi, WiMAX and mesh. Motorola purchased the software maker for an undisclosed amount and said it plans to retain all 24...
SCHAUMBURG, Ill.-Motorola Inc. purchased Texas-based Wireless Valley Communications, a privately held company that creates software for designing and managing wireless networks including cellular, Wi-Fi, WiMAX and mesh. According to reports, Motorola purchased the software maker for an undisclosed amount and plans to retain all...
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 the convergence of Ericsson's wireless and wireline offerings. In October, when Ericsson announced plans...
