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Category: Vendor

Ericsson wins Nortel LTE, CDMA auction

Swedish equipment vendor Ericsson emerged as the highest bidder for Nortel’s LTE and CDMA assets in a 12 hour auction which took place on Friday.

RIM attacks Nortel for rejecting offer for CDMA, LTE assets

Canadian handset vendor Research In Motion (RIM) has come out swinging against compatriot firm Nortel, alleging that the infrastructure vendor, which is in the process of selling itself off, has obstructed its attempts to purchase assets.

Nokia profits hit major slide in second quarter

Monster handset and equipment vendor Nokia continued the gloomy economic theme on Thursday, as second quarter net profit slid to €287m, from €1bn in the same period last year.

Sony Ericsson shrinks loss in second quarter

The fortunes of flagging handset vendor Sony Ericsson improved a little during the second quarter of 2009, with the firm reporting a loss of Eur213m, compared to a profit of Eur6m for the same period last year.

Nortel 4G patents may not be worth that much

Embattled Canadian vendor Nortel may have held on to some of its key LTE patents when it flogged much of its mobile business to Nokia Siemens Networks last month, but there is some debate as to whether that IPR will be the nice little earner Nortel hopes.

Svanberg steps down as head of Ericsson

Carl-Henric Svanberg, the chief executive of Swedish kit vendor Ericsson, is to step down from his role and take the helm of oil and gas giant BP later this year.

NSN, Juniper eye up IP-Optical partnership

Kit vendor Nokia Siemens Networks and security and infrastructure firm Juniper Networks cosied up even closer on Tuesday, pooling their respective resources in optical and IP networking.

RIM shifts 7.8 mil. BlackBerrys in second quarter

Canadian vendor and maker of the fruit flavoured gadgets Research In Motion (RIM), said Thursday that it shipped around 7.8 million devices during the three months ended May 30, 2009. In that same period the vendor also added 3.8 million new BlackBerry subscribers.

Alcatel-Lucent teams up with HP

IT giant HP has struck a deal with mega vendor Alcatel-Lucent that will see a merger of products offerings pitched at service providers and enterprises.

Apple heavyweight takes helm at Palm

US handset vendor Palm said late Wednesday that it has appointed former Apple heavyweight Jon Rubinstein to replace Ed Colligan as chairman and CEO after 16 years at the helm.

Another 490 jobs go at Nokia

Finnish handset vendor Nokia, the world’s largest in terms of shipments, announced plans to cut 490 positions on Tuesday as part of its belt tightening strategy.

Nortel loss grows in first quarter

Canadian vendor Nortel, currently sheltering in Chapter 11 bankruptcy protection on Monday reported that its first quarter net loss grew to $507m in 2009, compared to a loss of $138m in 2008.

Alcatel-Lucent loss hits Eur402m

Mega vendor Alcatel-Lucent said Tuesday that first quarter loss increased to Eur402m during the first three months of 2009, compared to a loss of Eur181m in the same period last year.

Android to save Moto by year end

Troubled vendor Motorola intends to have a portfolio of Android-based devices in stores for the Christmas shopping season, in a last ditch attempt to turn its handset business around.

Ericsson profit drops 30 per cent

On Thursday, Swedish kit vendor Ericsson recorded a 30 per cent drop in net profit for the first quarter of 2009, coming in at SEK1.8bn (Eur168m) compared to SEK2.6bn in the same period last year.

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