nortel

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 …

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 …

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 …

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, …

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 …

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 …

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’ …

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 …

Following is a list of debt and credit upgrades and downgrades for wireless companies by financial and investment firms this week. Merrill Lynch upgraded its rating on Freescale Semiconductor from …

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 …

The following wireless companies had debt ratings changes by financial services firms this week. Standard & Poor’s Ratings Services placed its ratings on four wireless tower companies on CreditWatch with …

SANTA CLARA, Calif.-Nortel Networks Ltd. unveiled several enhancements to its Office Anywhere product, adding instant messaging and e-mail capabilities and expanding accessibility to internal business applications for mobile workers. The …

Wall Street has generally had a harsh view of Lucent Technologies Inc. The company’s stock is trading near its 52-week low of $2.49 per share, and most analysts rate it …

Last year marked somewhat of a turnaround for the worldwide wireless industry-carrier capex spending increased by 18 percent in 2004 compared with 2003 levels after several years of declines, according …

TORONTO-Nortel Networks Corp. said it expects to file 2004 audited financial statements for itself and its subsidiary, Nortel Networks Ltd., by the end of this month. The company is required …

PORT-AU-PRINCE, Haiti-Nortel reported that Haiti Telecommunications International S.A., a wireless voice and Internet service provider in Haiti, is expanding and enhancing its CDMA network with Nortel infrastructure equipment. The network …

SpectraSite Inc. filed a statement with the Securities and Exchange Commission to offer 250,000 shares of its common stock to adjust to a market price obligation. This will fulfill a …

VIENNA, Austria-Mobilkom Austria, the largest Austrian wireless carrier, demonstrated High Speed Downlink Packet Access technology from Nortel Networks Ltd. At a retail store in Vienna, the HSDPA technology supported applications …

PARAMARIBO, Suriname-Telesur, a service provider in Suriname, has selected Nortel Networks Ltd. to expand and upgrade its nationwide wireline and wireless networks to increase capacity, improve quality of service and …

BELLEVUE, Wash.-3G Americas elected Andrew Corp. to its board of governors. The company said it will be represented on the board by JC Huang and Ray Butler. Other board of …

VIENNA, Austria-Mobilkom Austria, the largest Austrian wireless carrier, demonstrated High Speed Downlink Packet Access technology from Nortel Networks Ltd. At a retail store in Vienna, the HSDPA technology supported applications …

Taking advantage of new technologies, peer-to-peer companies, otherwise known as dotcoms, are porting services to wireless subscribers without operator consent. Through handsets, personal digital assistants, laptops and other mobile devices, …

TORONTO-Nortel Networks Ltd. said it has appointed Gary Kunis as its chief technology officer. He will replace Brian McFadden, who will become the chief research officer effective April 4. Kunis …

SAN ANTONIO-SBC Communications Inc. said it has signed a deal with the University of Arkansas to provide a wireless mesh network using Nortel Networks Ltd.’s solution. With this network, students …

SANTA CLARA, Calif.-Nortel Networks Ltd. unveiled what it describes as a comprehensive vision for enterprise mobility focusing on wireless local area networks. The company said its vision will work in …