Category: Vendor

LG-Nortel goes into business with Accton

Telecoms joint venture LG-Nortel this week partnered with Taiwanese kit vendor Accton to form another joint venture targeting the North American market.

Ericsson sees profits plummet in 2009

Swedish vendor Ericsson turned in a gloomy set of results on Monday, with figures weighed on by heavy restructuring costs and the less than stellar performance of its joint venture businesses.

Ericsson joint ventures struggling along

Swedish infrastructure vendor Ericsson reports its financial results next week, but statements from its two joint ventures on Friday do not bode well for the firm.

Ericsson stalls Huawei’s move into Sweden

It was a win for the old school on Wednesday when Nordic carrier TeliaSonera announced Ericsson and Nokia Siemens Networks (NSN) as its suppliers of LTE equipment. The news was particularly good for Swedish vendor Ericsson, which had been faced with the danger of Huawei planting a flag in the Swede’s own back yard.

Motorola reveals Sensitive side

US vendor Motorola has invested in Sensitive Object, a French firm that specialises in ‘natural user interface’ (NUI) solutions. Through its VC arm Motorola Ventures, the US manufacturer has taken an undisclosed stake in Sensitive Object, parting with an undisclosed sum for the privilege. Some reports have suggested Motorola has acquired the company completely.

Siemens still feeling pain of NSN venture

It’s not often we write about German vendor Siemens anymore, given its departure from the telecoms space. But the firm is still paying for its joint venture with Nokia, on Thursday announcing an impairment charge of €1.634bn on its partnership in Nokia Siemens Networks (NSN).

Ericsson takes Nortel’s GSM business

The carcass of fallen Canadian giant Nortel continues to be picked over, with Swedish vendor Ericsson announcing that it has acquired the certain assets of the Carrier Networks division of Nortel relating to the GSM business in the US and Canada.

Ericsson CTO to head up IP business

The executive reshuffle continued at Swedish vendor Ericsson on Thursday, with incoming CEO Hans Vestberg nominating CTO Håkan Eriksson as head Ericsson in Silicon Valley, the centre of the company’s important IP business.

NSN sharpens axe; 6,000 heads on the block

Infrastructure vendor Nokia Siemens Networks (NSN) said Tuesday that almost 6,000 staff face the axe as it seeks to reduce annualised operating expenses and production overheads by €500m by the end of 2011.

Alcatel-Lucent loss widens in third quarter

Joint venture infrastructure firm Alcatel-Lucent said Friday that net loss for the third quarter of 2009 widened to €182m, compared to a loss of €40m in the same period in 2008.

Motorola swings back into black

It’s been a good week for struggling vendor Motorola so far, with the company reporting its second helping of good news in as many days.

Ericsson announces incoming CFO

Incoming Ericsson CEO Hans Vestberg on Monday nominated his successor to take the position of chief financial officer.

Ericsson’s third quarter profits drop 74 per cent

Swedish infrastructure and equipment vendor Ericsson took a beating during the third quarter of 2009, watching its net income dive 74 per cent year on year, dragged down by poor demand and further hits from its joint ventures.

As Nokia takes big hit on NSN, Google says recession is over

Finnish vendor Nokia shook the market on Thursday, announcing a surprise loss of €913m for the third quarter of 2009, compared to a profit of €1bn in the same period last year. The hit was due to a €908m impairment charge against goodwill associated with infrastructure unit Nokia Siemens Networks.

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.

1 44 45 46 47 48 55

Polls

Are add on's such as Genee a useful additional to your working day or just a quirky gimmick?

Loading ... Loading ...