PARIS-European operator Orange SA confirmed that it entered nonbinding framework agreements with infrastructure suppliers Alcatel Corp., Nokia Corp. and Nortel Networks Ltd. to supply third-generation technology across the Orange footprint. The mobile operator said the agreements contain no commitments, and terms, financial amounts and...
In a simultaneous score for China's stride to third-generation technology, Nortel Networks Ltd. announced a carrier contract and a research and development investment, while Lucent Technologies Inc. announced successful interoperability testing.Nortel said it has invested $200 million in R&D in China during the past...
MEXICO CITY-America Movil is continuing its buying spree by acquiring 51 percent of Salvadorian company CTE, which provides mobile and fixed services in El Salvador, for $417 million. America Movil is buying the stake from France Telecom, which is exiting the Salvadorian and Argentine...
Wall Street was busy analyzing wireless stocks this week, resulting in adjusted ratings for several major wireless equipment vendors.Qualcomm Inc. was upgraded to "buy" by Merrill Lynch, which cited the eminent rollout of third-generation networks as motivation for the upgrade. "Although we questioned the...
America Movil is continuing its buying spree by acquiring 51 percent of Salvadorian company CTE, which provides mobile and fixed services in El Salvador, for $417 million. America Movil is buying the stake from France Telecom, which is exiting the Salvadorian and Argentine markets,...
BEDMINSTER, N.J.-Verizon Wireless signed a $1 billion multi-year agreement with Nortel Networks Ltd. to expand and upgrade the carrier's nationwide CDMA network. The agreement calls for Nortel to provide expansion and upgraded CDMA2000 1x radio base stations, switching, Nortel's Passport Internet Protocol platforms and...
MOSCOW-Nortel Networks Ltd. said it has won a contract to provide the wireless network of BaykalWestcom with GSM and GPRS equipment and services across portions of Siberia."The network upgrades will position BaykalWestcom to introduce text messaging, Internet access, e-mail with attachments, and other wireless...
BEDMINSTER, N.J.-Verizon Wireless signed a $1 billion multi-year agreement with Nortel Networks Ltd. to expand and upgrade the carrier's nationwide CDMA network. The agreement calls for Nortel to provide expansion and upgraded CDMA2000 1x radio base stations, switching, Nortel's Passport Internet Protocol platforms and...
Privately held Mobility Networks, which sold technology to wireless carriers that linked wide area networks with Wi-Fi hot spots, has shut down and ceased operations, a former spokesman for the company confirmed. The spokesman declined to provide further information.Repeated attempts to contact the company's...
With the SARS epidemic now out of sap, the land of wonton soup and TD-SCDMA technology is regaining its place on the front burner of wireless business.Infected with a new elan for investment, vendors have announced a series of contracts and initiatives in China,...
Privately held Mobility Networks, which sold technology to wireless carriers that linked wide area networks with Wi-Fi hot spots, has shut down and ceased operations, a former spokesman for the company confirmed. The spokesman declined to provide further information.Repeated attempts to contact the company's...
BEIJING-In a post-SARS world, China seems to be coming back to its own as businesses try to rekindle the old gusto of investment in this market.Nortel Networks Ltd., Datang Mobile and NTT DoCoMo are tops on the current list.Nortel and Datang have jointly opened...
WALL, N.J.-Nortel Networks Ltd. said it will replace Centennial Communications Corp.'s Dominican subsidiary's existing CDMA third-generation network with its CDMA2000 1x access and core networking equipment. The network is expected to be fully operational by the end of 2003 and will increase capacity and...
The Customer Respect Group has released its Summer 2003 Online Customer Respect Study of the telecommunications and networking firms, including wireless companies, that are among the largest 1,000 companies in the United States.MCI and Nextel Communications Inc. tied for first place in customer respect...
TORONTO-In a document it filed with the U.S. Securities and Exchange Commission, Nortel Networks Ltd. said it forecasts a further $30 million to $40 million of restructuring charges in the second half of 2003.This contradicts the company's declaration earlier this year that the restructuring...
When a technology era begins, infrastructure is king. But once the nuts and bolts are in place, it takes second place to peripherals.In wireless, it is no different. "Total wireless infrastructure contract values are down roughly 40 percent year-on-year from the first half of...
TORONTO-In a document it filed with the U.S. Securities and Exchange Commission, Nortel Networks Ltd. said it forecasts a further $30 million to $40 million of restructuring charges in the second half of 2003.This contradicts the company's declaration earlier this year that the restructuring...
One of the big riddles with open standards is that not all of those who swear by the principle believe in it. Unless, of course, it works in their favor.With a myriad of technologies in the market, vendors and carriers all see their technologies...
In a time of coy spending, infrastructure vendors are warming to professional services as the surprise boon of the sector.In their last quarterly reports, all the vendors glowed over the new revenue stream, which has raked in billions of dollars in a cash-challenged market.None...
DALLAS-Western Wireless Corp. said it has awarded Nortel Networks Ltd. a $90 million contract to deploy networks for CDMA, GSM roaming and wireless data.Nortel will deploy cdma2000 core and radio access networking equipment, which will cover markets in Kansas, Nebraska, Missouri, Iowa, Arizona, Arkansas,...
As the wireless industry aims to work together to exploit data initiatives and conserve cash through network sharing, it continues to play hard ball whenever it has the chance. The competition is the enemy, after all. It must be frustrating to "work" with them....
Caution chastened optimism in vendor earnings.While companies like Qualcomm Inc. and Siemens AG enjoyed profits, others like Lucent Technologies Inc. and Nortel Networks Ltd. didn't fare as well.Ahead of its earnings report, Lucent had retracted an earlier optimistic projection to turn a profit...
Nortel Networks Ltd. suffered a second-quarter net loss of $14 million, or 0 cents a share, indicating the company was unable to sustain the profits it recorded in the previous quarter.The firm enjoyed a profit of $54 million, or 1 cent per common share,...
In what is expected to be the first W-CDMA launch in North America, AT&T Wireless has announced agreements with Nortel Networks Ltd. and L.M. Ericsson to supply equipment for the launch. Although the companies did not disclose the dollar amounts, a source puts the...
