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Shareholders in Covad Communications holding a majority of the company’s outstanding shares approved Covad’s acquisition by an affiliate of Platinum Equity for $1.02 per…
Nokia Siemens Networks announced a multimillion Euro outsourcing agreement with Tata Consultancy Services (TCS) to transfer product engineering and R&D services as well as…
Sonus Networks reported preliminary Q4 revenue of $97.1 million, compared with $76.6 million in the third quarter of fiscal 2007 and $79.0 million for…
UTStarcom reported Q4 2007 net sales of $806 million as compared to $704 million in the fourth quarter of 2006. Gross margins for the…
Sprint will take a goodwill impairment charge of $29.7 billion to write-down the value of its Nextel acquisition. The company reported declines in subscribers…
Nortel reported Q4 2007 revenue of $3.20 billion, down 4 percent year over year. Revenue was $10.95 billion for the full year, down 4…
Siemens Enterprise Communications GmbH & Co KG (SEN), a wholly owned subsidiary of Siemens AG, will undergo a major restructuring in a bid to…
Arcadian Networks, a privately held wireless telecommunications carrier, appointed Ed Solar as its new CEO. Mr. Solar, who joined the company in November 2007…
Tellabs has appointed Robert W. Pullen as its new CEO, replacing Krish A. Prabhu, who announced his resignation last November. Pullen, 45, began his…
Ericsson’s Board of Directors is a 1:5 reverse stock split, implying that five A shares and five B shares respectively will be consolidated into…
Motorola appointed Paul J. Liska as its new chief financial officer (CFO). Tom Meredith, the company’s acting CFO will continue as a non-management board…
3Com, along with affiliates of Bain Capital Partners and Huawei Technologies, have withdrawn their joint filing to the Committee on Foreign Investment in the…
Centillium Communications posted Q4 2007 of $8.6 million, compared with $10.0 million during the third quarter of 2007 and $10.0 million during the fourth…
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