YOU ARE AT:TagsNortel

BROWSING: nortel

Hedgehogging

Welcome to a special CTIA edition of Hedgehogging by RCRNews.com Online Editor Mike Dano. To read more of Dano's columns, visit RCRNews.com and click on "Worst of the Week." So as far as I can tell, one of the big issues at this year's...

Network vendors tout size, solutions

ORLANDO, Fla.-A quick evaluation of the comments and announcements streaming from the world's largest infrastructure providers offers evidence that the market is getting wider and more complicated-and that the field may belong to only the largest contenders."This is exciting times," said L.M. Ericsson CEO...

Infrastructure awards wrap-up: Ericsson, Alcatel-Lucent, Motorola and more

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. CellularBrazil: L.M. Ericsson said it won a contract to...

Infrastructure awards wrap-up: Motorola, Alcatel-Lucent, Nokia and more

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. CellularBangladesh: Motorola Inc. said it won a four-year, full-operations...

Financial ratings wrap-up: Motorola, Nortel, RIM and more

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors CIBC World Markets lowered its estimates on Motorola Inc. after the company significantly lowered guidance for the first quarter. For...

Nortel posts $80M loss

After delaying the filing of its annual financial reports for 2006, Nortel Networks Ltd. announced that despite a 10-percent increase in revenues from the same period a year ago, it suffered a net loss of $80 million in its fourth-quarter results. Executives were pleased...

SEC goes after former Nortel execs

The hits just keep coming for Nortel Networks Ltd., this time from the Securities and Exchange Commission. The SEC last week filed civil fraud charges against four former executives at the company for repeatedly engaging in accounting fraud to bridge gaps between the network-equipment...

EYE OF THE STORM: QUALCOMM: Patent-infringement claims, cross-licensing negotiations, legal fights make for full plate

CDMA pioneer Qualcomm Inc. sat atop a busy week-with many more likely to come-as the company made moves in its legal battle with Broadcom Corp., stirred up the dust in a separate matter with Nokia Corp., and negotiated a new cross-licensing deal with Nortel...

SEC goes after former Nortel execs

Nortel Networks Ltd. just keeps taking the hits, this time from the Securities and Exchange Commission. The SEC has filed civil fraud charges against four former executives at the company for repeatedly engaging in accounting fraud to bridge gaps between the network-equipment maker's true...

Weekly infrastructure awards wrap-up

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. CellularAustria, Bulgaria, Croatia and Liechthenstein: L.M. Ericsson said it...

Nortel financial troubles continue

In less than a month Nortel Networks Ltd. has lost its chief financial officer, paid out $2.4 billion in cash and stock to settle shareholder lawsuits stemming from accounting errors, announced it will be cutting 9 percent of its workforce, and now is delaying...

Weekly wireless ratings wrap-up

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Standard & Poor's Ratings Services revised its outlook on SunCom Wireless Holdings to positive from negative after it reached an agreement with bondholders to...

Nortel to cut 9 percent of workforce

Nortel Networks Ltd. announced it will cut 2,900 jobs and shift an additional 1,000 positions to "lower-cost" locations, moves designed to boost the network-equipment maker's profits."These are tough but necessary measures, and we recognize the impact they will have on affected employees," Nortel CEO...

Nortel loses CFO

Nortel Networks Ltd. announced that Peter Currie will step down as chief financial officer of the telecom equipment maker, effective April 30. The latest setback for the company comes on the heels of a recently finalized payout of more than $2.4 billion in cash...

Nortel, Microsoft team for unified communications

Nortel Networks Ltd. announced a wide-ranging agreement with software giant Microsoft Corp. to cash in on the potential for unified communications, which the company said would "break down barriers between voice, e-mail, instant messaging, multimedia conferencing and other forms of communication.""Nortel Global Services provide...

Alcatel-Lucent closes on $320M UMTS purchase

Just as 2006 came to a close, so too did Nortel Networks Ltd.'s sale of its UMTS radio access business to Alcatel-Lucent. The $320 million purchase closed on Dec. 31, 2006, after regulatory approvals.Approximately 1,700 of Nortel's UMTS employees moved to Alcatel-Lucent as part...

Nortel receives final approval for payment in shareholder lawsuits

A $2.25 billion global settlement reached between Nortel Networks Ltd. and its shareholders was given final approval in federal court this week. The parties reached the agreement earlier this year to settle a pair of shareholder lawsuits filed after the company revised its financial...

Nortel adds Accela application to muni Wi-Fi platform

Government enterprise software firm Accela Inc. reported a partnership with Nortel Networks Ltd. to deliver municipal wireless network products and services.Calif.-based Accela said its mobile inspection management application, called Accela Wireless, will be included in Nortel's muni Wi-Fi solution. Accela explained that its mobile...

Nortel snags $2B commitment from Verizon Wireless

Christmas came a little early for Nortel Networks Ltd. in the form of a $2 billion contract from Verizon Wireless for CDMA equipment and related services as the carrier beefs up its network capacity and footprint in the face of increasing data and video...

Verizon Wireless hints at Rev. A with new PC card

Verizon Wireless has introduced its first EV-DO Revision A device, a PC card that will be in stores by mid-January. The Sierra Wireless AirCard 595 is already available online and through Verizon Wireless' business sales channels. The card costs $100 after a $50 rebate,...

ClearTalk to use ZTE for next-gen platform

ZTE USA Inc. signed a contract to supply ClearTalk Wireless with its all-IP CDMA2000 platform for third-generation voice, data and multimedia services.ClearTalk said it plans to offer 3G services in select markets within the five states where the company operates wireless networks. To date,...

Nortel’s WiMAX solution scores contracts across globe

Nortel Networks Ltd. landed a mobile WiMAX network supply deal in Taiwan, a trial in Japan, and a chip contract in Israel. The company-which launched its WiMAX portfolio in October at the WiMAX World trade show and was hawking its new offering as 4G mobile...

Qualcomm adds to IPR stable with Airgo buy

First OFDMA and now MIMO. Qualcomm Inc.'s acquisition of Airgo Networks and its Multiple-Input, Multiple-Out technology, as well as the company's previous purchase of Flarion Technologies Inc., position Qualcomm to play big in future wireless broadband.The behemoth San Diego-based chipmaker last week announced it...

Weekly infrastructure awards wrap-up

The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. Cellular Italy: Nokia Corp. said it signed a three-year...