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 portfolio of assets associated with IBM's 400 series of embedded PowerPC standard products, as well...
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 that its first-quarter revenues would not hit its original expectations, the law firm of...
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 exposed. Nortel Networks Ltd. may have had more money than it thought. Nokia Corp.,...
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 New York.The action challenges Nortel for what the law firm called false and misleading...
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 operators to upgrade their networks.Major vendors like Nokia Corp., Lucent Technologies Inc., Nortel Networks...
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 in all concourses and seating areas at the park. Intel Corp. has also partnered...
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 worked with industry associations and marquee players to push products and enhance its markets...
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. Ericsson, Samsung Electronics and Motorola Inc. announced solutions not only in the DO realm, but...
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 March 12, 2004.The lawsuit alleges that Nortel violated securities laws during that timeframe by...
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 will allow Eurotel to introduce broadband Internet and other advanced services like wireless e-mail...
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 said it is undertaking an independent review of what led it to restate its earnings...
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 it is undertaking an independent review of what led it to restate its earnings in...
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 said it has raised the bar in converged networks in the wireless LAN arena, while...
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 Ltd., Siemens AG, Alcatel Alsthom and Lucent Technologies Inc., but they want their place in...
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 first in Asia to use GSM-R to transmit safety data for train control, and...
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 customer worldwide and the European market's bright expectations for full third-generation networks that have...
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 the second half of the year, during an update on its 3G strategy at...
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 project.CPRI includes such vendors as L.M. Ericsson, Huawei Technologies Inc., Nortel Networks and, of course,...
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, introduction and service of wireless UMTS core, access and NMS products," said Nortel.
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 Technologies Inc.It is the first high-speed wireless broadband contract for public safety in the...
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 facilities, government buildings, convention centers and public transportation systems. Carriers are still deciding how...
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 7480, supports multiple networking applications simultaneously. It enhances packet voice and data services, and it...
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 speed to market for developing such applications as voice over Internet Protocol and other multimedia...
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 helped it in its contracts of late with both Verizon Wireless and AT&T Wireless...
