Just three months into his tenure, Nortel Networks Corp.'s president and chief operating officer quit the company due to clashes with the company's chief executive, Bill Owens."Gary (Daichendt) has made a major contribution to Nortel during his time here and has added value to...
The following wireless companies had ratings changes or information notes from financial services and investment banking firms this week.Robert W. Baird made several changes within its telecom coverage universe following the Supercomm show this week in Chicago. In general, the firm said news out...
MONROVIA, Liberia-Nortel Networks Ltd. deployed the first phase of a national GSM/GPRS network for Liberian operator Cellcom Telecommunications Inc., bringing wireless services to parts of the country for the first time. The network currently serves users in Greater Monrovia, Harbel, Kabkata, Buchanan and Robertsfield,...
The following wireless companies received ratings changes or guidance this week from financial services and investment firms. MetroPCS, Nortel, Motorola, Sprint, Alltel, U.S. Cellular and Telus mentioned.Standard & Poor's Ratings Service withdrew its CCC/Negative/- corporate credit and senior unsecured debt ratings on MetroPCS Inc....
Plans launch this yearTORONTO-Canadian wireless carrier Bell Mobility signed an estimated $126 million multi-year contract with Nortel Networks Ltd. for 1x and 1x EV-DO equipment.With what is expected to be the first commercial deployment in Canada of an EV-DO network, Bell Mobility customers will...
Nortel Networks Corp. reported overdue first-quarter results, including revenues of $2.54 billion, an increase of 4 percent from revenues of $2.44 billion reported during the first quarter of last year. Revenues were down slightly from fourth quarter revenues of $2.62 billion.Net loss for the...
TEL AVIV, Israel-Nortel Networks Ltd. said it completed a trial of High-Speed Downlink Packet Access technology with Israeli wireless carrier Partner Communications Company Ltd. over its live cellular network in Tel Aviv. Partner is joining a limited number of cellular carriers around the world...
SAN MATEO, Calif.-Sonim Technologies Inc. said it has successfully completed an Open Mobile Alliance-compliant Push to Talk over Cellular call over a UMTS network using its Sonim Xperience PoC Client. Sonim had previously demonstrated its PoC solution in conjunction with Nortel Networks Ltd. at...
The Unlicensed Mobile Access group is shuttering its doors after getting its specifications included in the Third Generation Partnership Project's Release 6. "It has always been the intent of the UMA participating companies to transition our efforts into a formal, global standards organization," wrote...
Nortel Networks Ltd. and IBM Corp. announced they will pool their resources to develop new products, collaborate on research and development and design new carrier servers."It's a tremendous opportunity for collaboration," said Pat Toole, IBM's vice president of business transformation.The companies said they would...
Nortel Networks Corp. and IBM Corp. announced they will pool their resources to develop new products, collaborate on research and development, and design new carrier servers. "It's a tremendous opportunity for collaboration," said Pat Toole, IBM's vice president of business transformation.The companies said they...
AUSTIN, Texas-Nortel and Wireless Valley Communications will market a planning tool for wireless mesh network design. MeshPlanner is crafted to Nortel's wireless mesh network architecture. Designers can simulate a mesh solution on a computerized model of a deployment area. Wireless Valley's software takes into...
CHILLICOTHE, Ohio-Sprint Corp. wireless affiliate Horizon PCS Inc. said it added 800 customers during the first quarter of this year, which included 2,400 net customer additions and 1,600 customers it sold to Sprint. The growth surpassed the loss of 3,700 customers the carrier posted...
BOSTON-Verizon Wireless trumped all other telecommunications providers in the latest online customer respect survey conducted by research and consulting firm The Customer Respect Group. TCRG said the index was a qualitative and quantitative analysis of a customer's online experience when interacting with companies via...
SANTO DOMINGO, Dominican Republic-Verizon Dominicana, which provides telecom services in the Dominican Republic, completed the expansion of its nationwide third-generation network, including equipment from Nortel Networks Ltd.The expansion included CDMA2000 1x and CDMA2000 1x EV-DO technology.
Following news that it was not selected as a preferred supplier for British Telecom's huge 21st Century Network project, U.K. equipment vendor Marconi Corp. said it will lay off workers, refocus its business and continue to examine its strategic alternatives. "BT's omission of Marconi...
Infrastructure giant L.M. Ericsson announced it will put the brakes on its CDMA business, a move that coincides with the shuttering of its CDMA headquarters in San Diego. Ericsson said it will no longer seek out new CDMA deals and instead will focus on...
TORONTO-Nortel Networks Corp. reported audited fourth-quarter and full-year 2004 results after a lengthy delay. Revenues for the fourth quarter fell nearly 20 percent to $2.62 billion from $3.27 billion the company reported during the final quarter of 2003, but up sequentially from $2.18 billion...
Infrastructure giant Ericsson announced it will put the brakes on its CDMA business and will not seek any new customers. The company will instead focus on its line-up of existing CDMA carriers."We will not aggressively look for any new customers," said Ericsson spokeswoman Pia...
LONDON-Following news that it was not selected as a preferred supplier for British Telecom's huge 21st Century Network project, U.K. equipment vendor Marconi Corp. said it will lay off workers, refocus its business and continue to examine its strategic alternatives."BT's omission of Marconi from...
In a record year for financial restatements, the wireless industry managed to stay relatively unsoiled. While other telecommunications, financial and manufacturing companies in 2004 faced various bookkeeping snafus, few wireless players were forced to dust off their financials. Nonetheless, there were a few accountants...
ALLENTOWN, Pa.-Chip vendor Agere Systems today released its new TrueAdvantage line of products, which the company said would save carriers millions of dollars by combining second- and third-generation network technology in one box. The company-which sells its semiconductor offerings to the likes of L.M....
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,...
SINGAPORE-Contract electronics manufacturer Flextronics posted shrinking revenues but a higher net income in its fourth quarter, news that helped send its stock up around 4 percent to around $11 per share. "While our quarterly revenue and operating profits were less than expected due to...
