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Level 3 Communications reported consolidated revenue of $1.10 billion for the fourth quarter 2007, compared to consolidated revenue of $1.06 billion for the third quarter 2007. For the full year 2007, consolidated revenue increased to $4.27 billion, compared to $3.38 billion in 2006. The net loss for the fourth quarter 2007 was $91 million, or […]
Alcatel-Lucent reported Q4 2007 revenue of Euro 5.23 billion, up 20% sequentially and 18% year-over-year. Adjusted operating income was Euro 303 million or 5.8 % of revenues. There was a reported net loss (group share) of Euro (2.58) billion or Euro (1.14) per diluted share, including an impairment charge of Euro (2.52) billion. For the […]
NEC and NETGEAR are collaborating to develop an Integrated 3G Access Point that will be incorporated within NEC’s Femtocell Solution offering. NEC provides complete end-to-end solution offering for operators that includes a 3G Femtocell Access Point, Femtocell Gateway, and Access Point Management and Provisioning System. NETGEAR’s Femtocell Voice Gateway (DVG834GH) will form a part of […]
Qualcomm announced that multiple network operators have committed to trialing HSPA+ technology this year. Carriers expected to trial Qualcomm’s HSPA+ technology include Hutchison 3G, Telecom Italia, Telefonica and Telstra. Qualcomm’s HSPA+ is a seamless upgrade from HSPA, delivering up to 28 Mbps mobile broadband and dramatic increases in network capacity without the need for new […]
Nokia Siemens Networks is working to certify NETGEAR’s Femtocell Voice Gateway (DVG834GH) for interoperability with the Nokia Siemens Networks’ Femto Gateway. The combined solution will enable mobile operators to deliver high quality cellular phone coverage throughout the home and small office by using the broadband connection. Launched in July 2007, the Femto Home Access Solution […]
Qualcomm has expanded its device chipset roadmap to include Long Term Evolution (LTE). The company announced three multi-mode Mobile Data Modem (MDM) chipsets that will support LTE, as well as other 3GPP and 3GPP2 standards: MDM9200 chipset designed to support UMTS, HSPA+ and LTE MDM9800 chipset designed to support EV-DO Rev. B, UMB and LTE […]
Verizon Communications’ Board of Directors has authorized the corporation to repurchase up to 100 million shares of its common stock. The board also determined that no additional shares may be acquired under a previously approved program to repurchase up to 100 million shares. Under the previous program, which was due to end Feb. 28, 2010, […]
A consortium of nine leading global telecom carriers met in Rome to sign a formal Construction and Maintenance Agreement for a new high-capacity fiber-optic submarine cable that will stretch from India to France via the Middle East. The cable system, known as I-ME-WE (India, Middle East, Western Europe) is the fifth in the series of […]
Motorola unveiled two new 802.16e Wave 2-ready WiMAX devices. — the desktop CPEi 750 and a PCCw 200 PC card. Motorola’s desktop CPEi 750, a second generation WiMAX 802.16e-compliant wireless broadband modem, provides fixed, wireless broadband connections to support bandwidth intensive, media rich applications. The CPEi 750 features one data and two VoIP/ATA ports and […]
Kohlberg Kravis Roberts & Co. (KKR), a leading private equity firm, has agreed to invest US$ 250 million in Bharti Infratel. KKR’s investment is in addition to the US$1 billion in Bharti Infratel pledged in December 2007 by leading international investors Temasek Holdings, The Investment Corporation of Dubai (ICD), Goldman Sachs, Macquarie, AIF Capital and […]
Exalt Communications, a start-up based in Campbell, California, announced the launch and general availability of its split-mount Exalt EX-s series of licensed wireless backhaul solutions. Exalt, which was founded in 2004 by former executives at Western Multiple, developed customized silicon capable of transporting native TDM and native IP over broadband wireless links. The silicon enables […]
Nokia Siemens Networks announced a contract valued at EUR 320 million with MegaFon, a Russian mobile operator in GSM 900/1800 band. The contract includes the supply of WCDMA/HSPA technology and related 3G Core network upgrades to various regions of Russia. This is a three-year frame agreement until the end of 2010. http://www.nsn.com
Beceem Communications announced the selection of its latest chipset for mobile WiMAX devices as one of the chipsets that Clearwire is working with for its mobile WiMAX trial in Portland, Oregon. Beceem’s chipset solution is powering a family of PC peripheral WiMAX devices to provide a true mobile broadband Internet experience on laptop computers. The […]