In Focus: Financial

Shareholders in Covad Communications holding a majority of the company's outstanding shares approved Covad's acquisition by an affiliate of Platinum ...

Nokia Siemens Networks announced a multimillion Euro outsourcing agreement with Tata Consultancy Services (TCS) to transfer product engineering and R&D ...

Sonus Networks reported preliminary Q4 revenue of $97.1 million, compared with $76.6 million in the third quarter of fiscal 2007 ...

UTStarcom reported Q4 2007 net sales of $806 million as compared to $704 million in the fourth quarter of 2006. ...

Sprint will take a goodwill impairment charge of $29.7 billion to write-down the value of its Nextel acquisition. The company ...

Nortel reported Q4 2007 revenue of $3.20 billion, down 4 percent year over year. Revenue was $10.95 billion for the ...

Arcadian Networks, a privately held wireless telecommunications carrier, appointed Ed Solar as its new CEO. Mr. Solar, who joined the ...

Tellabs has appointed Robert W. Pullen as its new CEO, replacing Krish A. Prabhu, who announced his resignation last November. ...

Siemens Enterprise Communications GmbH & Co KG (SEN), a wholly owned subsidiary of Siemens AG, will undergo a major restructuring ...

Ericsson's Board of Directors is a 1:5 reverse stock split, implying that five A shares and five B shares respectively ...

Motorola appointed Paul J. Liska as its new chief financial officer (CFO). Tom Meredith, the company's acting CFO will continue ...

Centillium Communications posted Q4 2007 of $8.6 million, compared with $10.0 million during the third quarter of 2007 and $10.0 ...

Occam Networks reported Q4 2007 revenues of $21.3 million, a decrease of 4% as compared to the fourth quarter of ...