Nortel Reports Q3, Returns to Profitability
Nortel reported revenue of $2.70 billion for the third quarter of 2007 compared to $2.93 billion for the third quarter of 2006 and $2.56…
A journal for networking and telecoms
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Nortel reported revenue of $2.70 billion for the third quarter of 2007 compared to $2.93 billion for the third quarter of 2006 and $2.56…
Spirent Communications completed the second phase of a strategic review aimed at refocusing its business portfolio and product development priorities, as well as identifying…
TELUS, the incumbent operator in western Canada, reported that Q3 2007 revenue increased 4.5 percent to $2.31 billion from a year ago. The performance…
RadiSys announced revenues of $83.6 million for the quarter ended September 30, 2007 and a net loss of $2.5 million or $0.11 per share.…
The Board of Directors of Verizon Communications adopted a policy that provides for an annual advisory vote related to executive compensation beginning in 2009.…
Cisco CEO John Chambers unveiled a multi-year investment initiative aimed at strengthening its business commitments and long-term corporate strategy in China. Highlights of Cisco’s…
Alcatel-Lucent has named Hubert de Pesquidoux as its new Chief Financial Officer (CFO), replacing Jean-Pascal Beaufret, who is leaving the company to pursue other…
Packeteer resolved its previously reported dispute with the Internal Revenue Service (IRS). Under the deal, the company’s pre-existing federal net operating loss carryforwards (“NOLs”)…
Atheros Communications reported record Q3 revenue of $106.3 million, up five percent from the $100.8 million reported in the second quarter of 2007 and…
ShoreTel reported quarterly revenue of $32 million, an increase of 57% over the same quarter last year. GAAP net income was $2.6 million, or…
Silver Lake and TPG Capital have completed their acquisition of Avaya in a transaction valued at approximately $8.3 billion. Under the deal, Avaya stockholders…
ZTE, the Chinese manufacturer of telecom infrastructure products, said its Q3 revenue climbed 53.07 percent to RMB 8.216 billion as compared to the same…
Comcast’s cable segment revenue increased 11% to $7.4 billion for the third quarter of 2007 as compared to $6.7 billion in the third quarter…
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