LISLE, Ill.-Tellabs, a developer of echo cancellation and VQE technology, will provide Globtel, a Slovakian mobile communications operator, with a new voice-quality enhancement solution in its GSM digital wireless network.According to Tellabs, the EC Duo 8000 solution will eliminate echo from phone calls between...
MALAYSIAMotorola Inc. signed a $130 million infrastructure contract with Maxis Communications Bhd to increase Malaysia's network capacity to accommodate more than 3 million subscribers during the next three years. The deal allows Motorola to deploy its 3G-ready Horizon platform to urban and rural Malaysia....
BOLINGBROOK, Ill.-Tellabs and Nokia Networks, the infrastructure division of Nokia Corp., signed a memorandum of understanding for a strategic agreement to enhance ATM and IP transmission in second- and third-generation mobile data networks.Nokia said the MoU sets the framework for a multi-year agreement under...
DUBLIN, Ireland-High license costs and fierce competition have further increased the pressure on European third-generation (3G) operators to quickly roll out their networks. But while this rush to market will create opportunities for companies other than the current dominant cellular infrastructure vendors Nokia and...
Analog DevicesAnalog Devices Inc. introduced the AD9226, a 12-bit, 65 MSPS analog-to-digital converter designed to increase data rates and enable direct intermediate frequency-sampling architectures for communications applications, including next-generation cellular base station and software radio applications. Analog Devices said the key to the AD9226...
TantauTantau Software Inc. released its Wireless Internet Platform version 2, which features enhancements for back-end connectivity, content personalization and information delivery. In addition, the company announced a strategic agreement with Hewlett-Packard Co. to co-market mobile e-services solutions designed for financial institutions that combine the...
Sunday CommunicationsSunday Communications Ltd. announced that Craig Ehrlich, currently group managing director and chief executive officer, will give up his CEO duties. He will continue as group managing director, focusing on the company's regional expansion program. Ehrlich also will continue as the company's principal...
U.S. WirelessThe board of directors of U.S. Wireless Corp. announced the appointment of Dale Stone as president, chief operating officer and member of the board of directors. Stone is the former president of Qualcomm Inc.'s infrastructure division.TellabsRichard Notebaert, retired chairman and chief executive officer...
Lucent Technologies Inc. charged ahead during the first half of the year, recording a substantial jump in profit growth and edging ahead of Nokia Corp. as the major players' leader in net income for the first half of the year.Profit leadersLucent displaced Alcatel as...
CoherentThe Coherent original equipment manufacturer division of Tellabs launched a complete design verification kit for its CEC-128 Integrated Echo Canceller multichip module. The kit consists of a CEC-128 plug-in module and a CD with full operating software, application notes and data book. The module...
LISLE, Ill.-As recently as a year ago, investors feared Tellabs Inc.'s flagship telephone network-management system-long considered the industry Cadillac-was on its way to becoming an Edsel.Instead, Tellabs' flagship Titan line today looks more like a hot rod than a family sedan, driving the Lisle,...
Power ProductsPower Products Unlimited Inc. selected Ken Donofrio as its new marketing director. He will orchestrate all aspects of the company's marketing and carrier services program. Donofrio previously was director of marketing and carrier support for Cliffco Wireless.WirelessNorthWirelessNorth promoted its market development coordinator, Heidi...
LISLE, Ill.-United Kingdom mobile phone operator Cellnet will deploy Tellabs EC Duo 8000 echo cancelers in 13 switching centers to eliminate background noise from mobile phone calls, Tellabs announced.
EDI Telecom Ltd. and Tadiran Telecommunications Ltd. announced they signed an agreement under which the two will merge in a stock-for-stock transaction.Mobile Systems International, United Kingdom, and U.S.-based Metapath Software Corp. announced the two companies are merging. Both companies provide software-based applications and services...
Which signs should a person pay attention to in today's crazy stock market?Wireless companies haven't fared too well from the looks of RCR's StockWatch the last few weeks, although the stocks RCR follows have started to rebound from their low Oct. 7.Several stocks are...
Tellabs Inc. and Ciena Corp. last week each saw their stock hit new 52-week lows after announcing they had scrapped plans to merge after a spate of bad news for Ciena.Tellabs, which had been trading as high as $93.13 on July 21 sank to...
NEW YORK-Recent gyrations in the public capital markets have made for splashy headlines, but they are not likely to stop telecommunications mergers unless there is a prolonged and profound slump, said Dave Rhodes, senior vice president of Daniels & Associates, Denver.In terms of sheer...
Tellabs Inc. and Ciena Corp. revised the exchange ratio of their proposed stock-for-stock merger from an equal exchange to a ratio of 0.8 shares of Tellabs for each outstanding share of Ciena following a recent announcement by AT&T Corp. it would not consider Ciena's...
NEW YORK-Amid a broader trend of increasing mergers and decreasing initial public offerings among information technology, communications and media companies, carriers seized both options with gusto during the first six months of this year.The number of individual IPOs in these sectors dropped 18 percent...
LISLE, Ill.-The proposed merger of Tellabs Inc. and Coherent Communications Systems Corp. has been approved by the Antitrust Division of the U.S. Department of Justice, and the companies expect to close the deal in early August, Tellabs said.Coherent makes echo-cancellation and conferencing products. Tellabs...
LISLE, Illinois, United States-Telecommunications equipment providers Tellabs Inc. and Ciena Corp. announced they have agreed to merge in an all-stock purchase making Ciena a subsidiary of Tellabs. The transaction is valued at about US$7.1 billion.Six-year-old Ciena, which came to the stock market in 1997,...
LISLE, Ill.-Telecommunications equipment providers Tellabs Inc. and Ciena Corp. announced they have agreed to merge in a pooling-of-interest that will make Ciena a subsidiary of Tellabs.Under the terms of the agreement, one share of Tellabs stock will be exchanged for each share of outstanding...
LISLE, Ill.-Coherent Communications Systems Corp. plans to hold a special stockholders' meeting May 12 to approve the previously announced merger with Tellabs Inc.Following approval of the merger, Coherent would become a wholly owned subsidiary of Tellabs.Coherent manufactures echo-cancellation and conferencing products for the wireless...
Tellabs Inc. said it will acquire Coherent Communications Systems Corp. in a deal valued at $670 million.Coherent makes echo-cancellation and conferencing products for international telecom companies and cellular and personal communications services providers.Tellabs manufactures echo-cancellation products and voice and data transport and access systems...