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Alcatel-Lucent is actively exploring strategic options for its Enterprise business. The company is holding meetings with employee representatives of its Enterprise business. No decision…
Apple sold 20.34 million iPhones in the quarter, representing 142 percent unit growth over the year-ago quarter, and 9.25 million iPads during the quarter,…
Riverbed Technology posted Q2’11 revenue of $170.3 million, up 35% compared to the second quarter of fiscal year 2010 (Q2’10). Net income (GAAP)was $11.3…
Cisco confirmed a workforce reduction of approximately 6,500 employees, including approximately 2,100 employees who elected to participate in a voluntary early retirement program. The…
Aviat Networks, which supplies wireless transmission solutions, has appointed Michael Pangia as its new CEO, replacing Chuck Kissner, who will continue as Chairman of…
Everything Everywhere, the joint venture that operates the networks for T-Mobile (UK) and Orange (UK), appointed Olaf Swantee as CEO effective as of 1-Sept-2011,…
Sony Ericsson suffered a constrained supply line following the March earthquake in Japan and now reports lower sales and volume shipments for its most…
Extreme Networks announced 110 job cuts — or 16% of its worldwide workforce. The cuts are expected to lower operating costs in FY’12 by…
Level 3 Communications confirmed the following previously issued expectations for the second quarter 2011: the company expects sequential growth in Core Network Service revenue…
ADTRAN’s Q2 sales increased 23% to an all time record level of $184,227,000 for the quarter, compared to $150,361,000 for the second quarter of…
Nokia and Siemens have completed a strategic review of their joint venture, Nokia Siemens Networks, and have decided against pursuing a private equity investment…
Qualcomm announced the appointment of Matt Grob as executive vice president and chief technology officer (CTO), replacing Roberto Padovani, who will remain an executive…
ZTE has secured a US$900 million syndicated term loan from 10 leading international banks. ZTE said that raising the debt in US dollars is…
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