Alcatel-Lucent lost more than $3.7 billion in the fourth quarter and predicted a soft market for its telecommunications gear for much of 2008. The France-based company -- created through a $13 billion merger in 2006 -- also said it would not pay out a dividend to shareholders. However, the company d...
Swedish telecom equipment giant Ericsson solidified its dominance of the key Indian mobile market Friday with a $1.3 billion deal to provide equipment and services to the country's largest wireless carrier. Ericsson said it won the contract to supply GSM and W-CDMA/HSPA equipment and related telecom...
Motorola's second-quarter results will miss already lowered expectations as overseas sales fell short of targets, the company said, ratcheting up the pressure on CEO Ed Zander to jolt the troubled mobile handset maker from its prolonged funk. Motorola also backed off an earlier forecast that its mob...
Samsung and Ericsson have agreed to end patent infringement lawsuits against each other, signing an agreement to cross-license their mobile technologies instead. The cross-licensing agreement covers a host of patents relating to second- and third-generation, or 2G and 3G, mobile services. South Kore...
Following in the footsteps of fellow telecom equipment maker Alcatel, Nokia Siemens Networks will advance plans to reduce its 60,000-person workforce by 15 percent -- 9,000 people -- in the next two-and-a-half years, the company said Friday. The cuts are part of a larger plan to become more competit...
Swedish wireless equipment giant Ericsson is hoping to boost its multimedia services for the Internet with the purchase of Tandberg Television. The buy could push Ericsson to the vanguard of IPTV, or Internet Protocol Television, which is likely to be one of the major markets for the telecom industr...
A U.S. foundation that helps companies commercialize technology has filed a patent lawsuit against some of the largest wireless device makers in the world, claiming they are using infringing Bluetooth microprocessors made by a UK firm. The suit filed by the Seattle-based Washington Research Foundati...
Telecommunications gear maker Ericsson said Tuesday it would buy Redback Networks, which makes routers used by telecom carriers to direct data traffic, for US$2.1 billion. Sweden-based Ericsson said it would pay $25 in cash for each of share Redback stock, an 18 percent premium over Tuesday's closin...
After dominating the business handheld e-mail market, Research In Motion unveiled its follow-up act: high-end consumer smartphones. In September, the company announced the BlackBerry Pearl, its first device equipped with a digital camera and an MP3 player. The shift appears to be a natural progressi...
Mobile technology developer Qualcomm is facing charges from U.S. based companies that it improperly used its market dominance to squelch competition in Korea, where regulators are probing a fresh batch of complaints. Korea's Fair Trade Commission is examining complaints from Dallas-based Texas Instr...
Mobile equipment maker Ericsson filed patent infringement suits Friday against Samsung, saying its rival was using a variety of its technologies without authorization. Sweden-based Ericsson filed suit against Samsung in the U.S., UK, Germany and The Netherlands. The actions came after talks aimed at...
A group of communications technology firms has filed complaints with the European Commission (EC), asking that agency to investigate whether Qualcomm engaged in anti-competitive practices in the licensing of its technology for so-called 3G mobile networks and handsets. The companies that filed compl...
Ericsson and Napster said yesterday they will step into the emerging service of offering music over mobile phones. The announcement follows a deal made public yesterday between Sirius radio and Sprint, in which music-enabled Sprint phones will offer streaming content from Sirius. Ericsson, the world...
Coming off its best year ever in terms of sales growth, the mobile handset industry is set to see slowing rates of expansion going forward as established markets become saturated with cell phone users, according to a new report. Research firm IDC said mobile phone shipments grew 34 percent in 2004 t...
Mobile phone makers and carriers are capturing the lion's share of the buzz at the annual CeBIT trade show this week, with vendors rolling out new products aimed at accommodating the next generation of wireless services and the rise of mobile commerce. A slew of new and upgraded technology has been ...
Accessibility of service
Convenience in any situation
Cost-effectiveness
Eco-friendliness
No need for parking
Safe ride when having too much fun
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