It was almost a complete wipeout for Verizon’s network business in North America and China as Alcatel-Lucent, Ericsson, and Nokia Siemens stole the show.
|
It’s the company's eighth losing quarter in a row, but investors see signs of life in the troubled company.
|
Paris-based company says it will trim 1,000 managers, 5,000 contractors, and cut costs related to its massive legacy business.
|
New CEO Ben Verwaayen continues to assemble his management team as the company tries to rebound financially in a battered market.
|
It was not the message of change many expected, but new CEO Ben Verwaayen offers his initial road map for the company’s rebound.
|
The Canadian company will shed 1,300 jobs and divide itself into three business units that analysts say are being readied for sale.
|
With a recession looming, analysts expect a clear, credible plan from Ben Verwaayen to return the telecom gear maker to profitability.
|
French telecommunications company names former BT head and Phillipe Camus to replace outgoing CEO and chairman.
|
Authors of the “merger of equals” are out, as telecom gear giant begins the search for replacements with the vision, finesse, and political connections to battle rivals Ericsson and Huawei.
|
Alliance--which includes Cisco, Alcatel-Lucent, Samsung, Sprint Nextel, and Clearwire--aims to cap costs.
|
Report says established vendors are dominating the emerging wireless market, but don't count out VC-backed WiMAX specialists.
|
Equipment suppliers seek to spur the sluggish WiMAX market by tying its fortunes to GSM/EDGE the world's most popular mobile technology.
|
Telecom 3 Italia and Italian broadcaster RAI announce the launch of a mobile TV network trial that will use a combination of satellite and terrestrial communications.
|
CDMA's poster child plans to commit to wireless broadband technology known as Long Term Evolution, which offers global compatibility with its partner Vodafone.
|
Redmond gets closer to goal of owning business VoIP and beating Skype and Vonage at their own game.
|
Software giant ordered to pay Alcatel-Lucent
|
Employees and equipment suppliers expect to take a major hit as France loses 1,486 jobs.
|
Firm is off to a stumbling start with jarring fourth-quarter loss and bad news for employees.
|
New telecom leader unveils a logo reminiscent of Lucent’s much derided red doughnut.
|