Supreme Court of Canada Approves BCE Privatization Plan
The Supreme Court of Canada reinstated a lower court order approving BCE’s plan of arrangement. This opens the path to complete the previously announced…
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The Supreme Court of Canada reinstated a lower court order approving BCE’s plan of arrangement. This opens the path to complete the previously announced…
The Royal Canadian Mounted Police (RCMP) filed criminal charges against Frank Dunn, the former CEO of Nortel; Douglas Beatty, the former CFO of Nortel;…
Infinera reaffirmed its guidance for the second fiscal quarter ending June 28, 2008; provided initial revenue guidance for its third quarter ending September 27,…
Nokia Siemens Networks announced a deal with GIMV, a Belgian investment company specializing in private equity and venture capital, to spin-out its Open Transport…
Nortel reconfirmed its full year 2008 outlook. The company continues to expect: Revenue to grow in the low single digits compared to 2007 Gross…
Henry T. Nicholas III, the co-founder of Broadcom, was indicted on federal narcotics charges that he regularly maintained a supply of ecstasy, cocaine, methamphetamine…
adc reported quarterly sales of $403 million up 16% from Q2 2007 and 19% from Q1 2008. Gross margin improved to 36.3% in the…
Extreme Networks prevailed in a patent case filed against Enterasys Networks. The jury found that Enterasys Networks had infringed all three of Extreme Networks’…
Cedar Point Communications, which supplies carrier VoIP switching technologies, named John (J.C.) Murphy as its new President and Chief Executive Officer, replacing Curt Hockemeier,…
Brocade Communications reached an agreement in principle with lead plaintiffs to settle the federal securities class-action lawsuit originally filed in May 2005 in relation…
Ericsson will undertake a reverse split 1:5 of the company’s shares. The reverse split has the effect that five shares of series A and…
William E. Pallone has retired as president of Verizon Airfone. Since 2000, Pallone has had responsibility for all business operations including engineering, product development,…
Citing lower volumes in certain wireless platform projects, Infineon Technologies trimmed its outlook for its Communication Solutions segment. Infineon now anticipates revenues in the…
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