Nokia Siemens names new finance chief

Mega vendor Nokia Siemens Networks named Luca Maestri as incoming chief financial officer on Thursday, as incumbent CFO Eric Simonsen prepares to retire. Maestri is to join the Finnish-German firm on October 1, moving from General Motors, where he most recently held the position of CFO for General Motors Europe. The new finance head will […]

Nokia targets enterprise space with email plan

Leading mobile handset vendor Nokia upped its game in the enterprise space on Wednesday, announcing plans to extend Microsoft Exchange ActiveSync to all of its S60 3rd Edition devices. A total of 43 Nokia gadgets will now support the Mail for Exchange mobile email application, with future releases of the E and N series platforms […]

Alcatel-Lucent, Motorola “leaders” in WiMAX

During the three months ended 30 June 2008, vendors Alcatel-Lucent and Motorola accounted for over two thirds of worldwide mobile WiMAX equipment revenue. This is according to Infonetics Research, which describes the two suppliers as “runaway leaders” in the 802.16e equipment market. And their lead is increasing. During the first quarter of this year, Alcatel-Lucent […]

Nokia refuses to play price game

Finnish powerhouse Nokia, the world’s largest mobile phone manufacturer by some margin, warned Friday that it may lose market share during the third quarter. The reasoning behind Nokia’s message is that the Finnish firm refuses to compete on price, while its rivals are just about cutting their own throats to make way in the developing […]

Ben Verwaayen accepts Alcatel Lucent challenge

The former chief of UK incumbent telecom operator BT, Ben Verwaayen, will take the post vacated by Patricia Russo as CEO of struggling Franco-US comms vendor Alcatel Lucent in October. Also announced Tuesday, high ranking French business leader Philippe Camus will replace Serge Tchuruk as the company’s non-executive Chairman. Verwaayen has an impressive CV. He […]

Ericsson in managed services deal with Hanoi Telecom

Swedish vendor Ericsson has signed a contract with Vietnamese incumbent Hanoi Telecom which the firms say is the largest single telecoms deal that has every been struck in the nation. Worth $450m, the deal is built around a three-year managed services contract that will see Ericsson assume complete control of the management, operation and network […]

Nortel takes chainsaw to virtual worlds

Canadian kit vendor Nortel continued its spending spree this week, announcing the acquisition of a 3D voice firm to spur on its move into the realm of virtual worlds. The $7m acquisition of DiamondWare is Nortel’s second acquisition in as many weeks, following the purchase of unified communications firm Pingtel, and is yet more evidence […]

Nokia reveals first Growth for Bochum investor

After a month or so of searching, Nokia has caught its first investor for the German state of North Rhine-Westphalia, to participate in the ‘Growth for Bochum’ initiative. The get out agreement, which Nokia probably begrudgingly entered into last month after closing down its German factory, stated that the Finnish firm had to create new […]

Moto scoops $431m in Chinese deals

Welcome news for troubled US vendor Motorola this week as it announced Chinese network contracts worth $431m. Moto said it has signed multiple contracts with leading mobile carrier China Mobile, for the expansion and upgrade of its existing GSM network. Under the deal, Motorola will supply kit and services across 16 provinces and municipalities. The […]

Nortel loss widens on restructuring charges

Canadian equipment vendor Nortel reported an increase in net losses to $113m in the second quarter of 2008, compared to a loss of $37m in the same period last year. Nortel said the shift was largely due to expenses associated with restructuring. In June, the company announced plans to shift its 4G focus to LTE, […]

Moto execs to split top job

Greg Brown, chief executive of troubled telecoms vendor Motorola, said Monday that he will share the CEO position with Sanjay Jha. Jha joins Motorola as co-CEO from Qualcomm, where he served as chief operating officer and president of Qualcomm CDMA Technologies. The industry veteran will also take over control of Motorola’s Mobile Devices Business, ahead […]

Moto surprises with second quarter profit

Beleaguered manufacturer Motorola showed signs of a turnaround on Thursday as the company posted a slim profit on the back of better than expected handset sales. The company’s earnings for the quarter to end June 31 came in at a modest $4m, but this compares to a loss of $28m in the same period last […]

Nokia and Qualcomm bury the hatchet

Nokia and Qualcomm have settled a long running dispute that has seen the two firms trade frequent legal actions over intellectual property over the past few years. The two firms announced a new agreement on Wednesday that settles all outstanding litigation between the two companies, and sees Nokia withdraw a complaint it had made to […]

Nokia dragged over coals in Bochum settlement

Finnish handset vendor Nokia’s little Bochum problem just won’t go away. The company announced Thursday that it has now been corralled into a partnership with the German state of North Rhine-Westphalia to stimulate growth, create new jobs and generate investment for Bochum and the neighbouring cities. If you remember, Nokia already agreed to a Eur200m […]

Nokia, InterDigital bury UK patent dispute

Finnish handset vendor Nokia and wireless technology firm InterDigital have put one of those tedious patent disputes to bed this week, in the UK at least. The companies said they have agreed to end two legal actions that were being fought out in UK courts. No financial details were released but the cases concerned whether […]

Nokia finds way to bring Navteq into fold

Handset vendor Nokia’s monster $8.1bn acquisition of mapping firm Navteq is back on track after the European Commission gave the deal the go ahead on Wednesday. The Finnish firm said it expects to close the purchase, it’s largest to date, within the next five business days. In March, the EC has extended its review of […]

UTStarcom offloads handset unit

US infrastructure vendor UTStarcom said this week that it has agreed to offload its handset unit to equity firm AIG Investments for $240m. UTStarcom said the spin off is consistent with its strategic focus announced late last year, which focuses on opportunities for its core IP products. Under the deal, the newly named Personal Communications […]

Ericsson warns Ofcom on 2.6GHz auction plans

Swedish kit vendor Ericsson has hit out at UK communications regulator Ofcom, claiming that the watchdog’s plans for the proposed 2.6GHz spectrum auction could devalue the frequencies on offer. “There is a danger of spectrum fragmentation, which will take years to sort out,” said Mikael Halen, director of government and industry relations for the Swedish […]

Sony Ericsson in new profit warning

Fourth placed mobile handset vendor Sony Ericsson warned of continued market pressures this week, as the Japanese / Swedish joint venture said it would only break even during the second quarter. The company said that its net sales and net income before taxes would continue to be negatively affected by poor sales of its mid […]

Symbian goes open source; takes fight to Google, Apple, Microsoft

Finnish handset vendor Nokia made what appears to be a reactionary move on Tuesday morning, buying up the rest of Symbian and uniting it with S60, UIQ and MOAP. In what some see as a long anticipated move, the world’s biggest handset vendor snapped up the remaining 52.1 per cent of Symbian that it didn’t […]

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