The financial woes of Nortel Networks Ltd. plunged the company’s stock price 27 percent as the firm announced it has fired its chief executive officer, chief financial officer and controller. …
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SAN DIEGO-Applied Micro Circuits Corp. said it has signed an agreement to acquire a chip unit of IBM Corp. for approximately $227 million. The deal covers intellectual property and a …
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Once again, there is a fresh example of people using lawsuits to avoid taking responsibility for their own actions. The same day last week that Nokia Corp. issued a warning …
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Just as major manufacturers seem to have found steady ground by concentrating on their core competencies and get commitments for carriers to deploy advanced networks, their financial inefficiencies are being …
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COLCHESTER, Conn.-A law firm, Scott + Scott LLC., said it has extended the class period in a securities class action filed against Nortel Networks Ltd. for the Southern District of …
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Vendors are looking to deploy the Internet Protocol multimedia subsystem platform not only to differentiate themselves, but also to raise the stakes for third-generation wireless applications and services by compelling …
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SAN FRANCISCO-SBC Communications Inc. and Nortel Networks Ltd. installed 121 Wi-Fi access points at SBC Park in San Francisco, providing free wireless Internet access to San Francisco Giant baseball fans …
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Neither edgy nor solitary, Nokia Corp. has all the hallmarks of a conservative company. As a leading player in both the handset and infrastructure businesses, the Finnish vendor always has …
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The CDMA2000 1x EV-DO contract wins by Lucent Technologies Inc. and Nortel Networks Ltd. with Verizon Wireless may be compelling other major infrastructure players to take the bait. Rivals L.M. …
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NEW YORK-Scott + Scott L.L.C. said it has filed a securities class-action lawsuit against Nortel Networks Corp. on behalf of investors that purchased Nortel stock between Dec. 23, 2003, and …
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PRAGUE-Nortel Networks has been chosen to supply Czech Republic-based wireless service provider Eurotel Praha with a CDMA2000 1xEV-DO network that will operate in the 450 MHz radio spectrum. The network …
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Nortel Networks Ltd. suffered a short-term stock plunge last week after announcing it will delay its 2003 annual financial statement filing with the U.S. Securities and Exchange Commission. The company …
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TORONTO-Nortel Networks Ltd. suffered a plunge in its stock by announcing a delay in filing its 2003 annual financial statements with the U.S. Securities and Exchange Commission. The company said …
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In two major announcements last week, Nortel Networks Ltd. and Alcatel Alsthom demonstrated the kind of attention the wireless industry is paying to voice over wireless local area networks. Alcatel …
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As softswitch technology continues to upstage circuit-based standards, some new companies have launched forays into the space. They do not look forward to dueling the big players like Nortel Networks …
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BEIJING-Nortel Networks Ltd. said it has signed a contract to provide GSM networks for the China Ministry of railways on the Quinghai-Tibet Railway. “It is also expected to be the …
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CANNES, France-Despite the less-than-ideal weather conditions at this year’s 3GSM World Congress in Cannes, France, the event was highlighted by the GSM industry’s announcement of signing up its 1 billionth …
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CANNES, France-Orange plc announced commercial trials of its 3G network in the United Kingdom and France, and confirmed it plans to launch full commercial 3G services in each country in …
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TOKYO-NEC Corp. said it will start marketing third-generation node base stations based on the Common Public Radio Interface specification. The vendor said it will partner with Siemens AG in the …
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CANNES, France-Nortel Networks Inc. said it has received certification for its TL9000 for end-to-end development and deployment of UMTS infrastructure. “The scope of this certification covers end-to-end definition, design, development, …
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Wireless technology is on the cusp of fulfilling its promise for homeland security, with the District of Columbia’s office of the Chief Technology Officer’s partnership with Motorola Inc. and Flarion …
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As the battle for network supremacy rages on, wireless carriers are targeting places with minimal wireless coverage, including highly trafficked indoor spaces like airports, shopping malls, casinos, office buildings, healthcare …
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MOSCOW-Nortel Networks Ltd. said it has deployed multiservice switches for wireless operator BaykalWestcom’s network connecting the cities of Irkutsk, Bratsk and Ust-Ilim in Eastern Europe. Nortel’s product, known as Passport …
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RESEARCH TRIANGLE PARK, N.C.-Nortel Networks Ltd. said it has set up a core interoperability laboratory and forged testing partnerships with a number of new vendors. The new lab will enhance …
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Third-generation contracts seem to be giving Nortel Networks Ltd. an edge lately, owing to what industry observers describe as the Brampton, Ontario-based vendor’s Internet Protocol advantage. Nortel’s complete solution has …
