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 […]
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 […]
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 […]
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, […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Leading mobile handset vendor Nokia said Monday that it has agreed to acquire German start up Plazes for an undisclosed sum. Plazes is a privately owned company consisting of just 13 people that runs a ‘context-aware social-activity service’, as they call it, or geo tagging application, as we call it. The service basically allows users […]
Infrastructure vendor Alcatel-Lucent said that it has taken its relationship with software firm Motive to the next level, agreeing to buy the firm for a cash price of $67.8m. US-based Motive develops service management software for broadband and mobile data platforms, and the acquisition builds on a three year relationship between the companies. Previously, Alcatel-Lucent […]
Canadian equipment vendor Nortel Networks watched its shares soar 13 per cent on Wednesday, after the company announced plans to shift its 4G focus to LTE, rather than WiMAX. Nortel will offload its WiMAX initiative into a strategic agreement with WiMAX kit vendor Alvarion, supplying core network solutions, backhaul, applications, and global services, to be […]
One year into its operation as a merged entity, monster vendor Nokia Siemens Networks is still facing a challenging market. Competition is strong and the growth outlook is not good, as chief executive Simon Beresford-Wylie readily admits the carrier was caught on the back foot. “In 2006, at the time of the merger, the market looked like it was growing. But this wasn’t the case,” he says.
The world’s biggest handset vendor, Nokia, and two outsiders, RIM (BlackBerry) and Apple, stand to gain most by pioneering fresh revenue streams for the mobile handset industry with their emerging push into value added services such as navigation, email and music. Industry analyst Strategy Analytics said Wednesday that Nokia, BlackBerry and Apple are the first […]
WiMAX kit vendor Alvarion said this week that it has won a contract to deploy infrastructure in the 3.3GHz spectrum for UK network provider Metranet. Metranet is operating in this frequency through a Non-Operational Temporary license from regulator Ofcom. Alvarion’s BreezeMAX base stations and CPEs will enable Metranet to provide backhaul for it network of […]
Kit vendor Ericsson has teamed up with Intel and Microsoft to demonstrating end-to-end 5G standalone network slicin hhttps://t.co/hkmq6IYyif
02 February 2023 @ 16:59:26 UTC
Government-backed start-up incubator Tech Nation has been forced to shut down after its funding was withdrawn. https://t.co/wkVevSPzHW
02 February 2023 @ 16:59:03 UTC
As 5G rollouts and coverage continue to expand globally, conversations around mmWave (frequency bands between 24GHz hhttps://t.co/g56D34dSQ8
02 February 2023 @ 15:19:41 UTC
