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Verizon named Lowell C. McAdam as president and chief executive officer of Verizon Communications, replacing Ivan G. Seidenberg, who will remain chairman to continue to facilitate the transition. In his...

Smart devices sales in Q2 fell 33% compared to the previous quarter, leading Nokia to report disappointing financial results. The company's Q2 2011 net sales were EUR 9.3 billion, down...

BlueCat Networks, a start-up based in Toronto, secured $16.8 million in new financing for its enterprise-class DDI solution (DNS, DHCP and IPAM). BlueCat acts as a corporate IP Network Authority,...

PMC-Sierra reported Q2 revenue of $171.0 million, a sequential increase of 9% compared with $157.4 million in the first quarter of 2011, and 6% higher than net revenues of $160.7...

Acme Packet reported record quarterly revenue of $79.7 million for Q2, compared to $53.3 million in the second quarter of 2010 and $74.0 million in the first quarter of 2011....

Etisalat and Telefónica announced a strategic partnership covering a range of areas, including collaboration on technological standardization, new global technology initiatives, R&D, and new emerging products and services designed to...

Ericsson reported Q2 sales of SEK 54.8 (48.0) b., up 14% year-over-year and 3% sequentially. Sales for comparable units, adjusted for currency exchange rate effects and hedging, increased 27% year-over-year....

Driven by mobile data, smartphone and U-verse, AT&T reported Q2 revenues of $31.5 billion, up more than $680 million, or 2.2 percent, versus the year-earlier quarter, marking the company's sixth...

M-net Telekommunikations GmbH, a leading operator in Bavaria, Germany, is swapping its existing softswitch with a solution from Nokia Siemens Networks. The operator will deploy NSN's IMS platforms for the...

Bharti Airtel awarded a five year managed services agreement to Ericsson for upgrading, optimizing and managing its mobile networks in Africa. Financial terms were not disclosed. Under a separate two...

France Telecom-Orange announced a milestone agreement with Free (Iliad Group) covering its forthcoming FTTH rollout across France. The joint financing deal covers about 60 less-dense areas in France representing 5...

Emerald Atlantis unveiled plans to build a 100 Gbps undersea cable system along the "Great Circle" route connecting North America to Europe via Iceland. The ambitious project, which has set...

Qualcomm reported revenues of $3.62 billion for its third fiscal quarter ended June 26, 2011, up 34 percent year-over-year (y-o-y) and down 6 percent sequentially. Net income came in at...