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Category: Vendor

Nortel to offload GSM business

Nortel, the fading star of the telecoms world, said late Wednesday it is planning to sell off its GSM and GSM-R (GSM for railways) assets via an open auction process.

Myriad takes Nokia’s Schillings

The chief technology officer of leading handset vendor Nokia made an interesting career move on Wednesday, when it was announced that he is to take a similar position at mobile middleware developer Myriad.

NSN claims first call on commercial LTE kit

Next generation wireless standard LTE continues to pick up steam, with infrastructure vendor Nokia Siemens Networks this week claiming to have made the world’s first call using commercial and standards compliant LTE kit.

Ashish Chowdhary named as head of services at NSN

Ashish Chowdhary has been appointed to lead the services business at equipment vendor Nokia Siemens Networks, when the current head, Rajeev Suri, becomes chief executive officer of the firm.

Nokia breaks into banking

The world’s leading mobile handset manufacturer, Finland’s Nokia, announced a move into financial services on Wednesday. The new direction for Nokia will see it working with mobile payment specialist Obopay, in which Nokia invested $70m in March this year.

ZTE cashes in on data card boom

Chinese vendor ZTE announced Tuesday that sales of its data card for the first half of 2009 increased by 366 per cent year on year to more than seven million.

Nortel chief steps down

Mike Zafirovski, the president and CEO of Nortel Networks has announced his resignation from the once mighty firm, effective immediately.

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.

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