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Financial

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Motorola Spin-Offs Make Market Debut

The two divisions of Motorola made their market debuts on Friday with the launch of “when issued” shares. The official split occurs on January…

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AT&T Boosts Dividend by 2.4%

AT&T announced a 2.4 percent increase in the company’s quarterly dividend and a 300 million share repurchase authorization, representing about 5 percent of outstanding…

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Nortel Completes Sale of Ottawa Campus

Nortel Networks completed the sale of its Ottawa Carling Campus to Public Works and Government Services Canada (PWGSC) for a cash purchase price of…

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RadiSys Trims Guidance

RadiSys anticipates its Q4 2010 revenue and earnings to be lower than its previously stated guidance, or between $62 and $64 million, down from…

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Blue Coat Names Steve Daheb as CMO

Blue Coat Systems has appointed Steve Daheb as chief marketing officer (CMO) and senior vice president. Mr. Daheb was most recently the chief marketing…

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EC Approves NSN + Motorola Deal

The European Commission has cleared the acquisition of Motorola Network Business by Nokia Siemens Networks. The deal was found not to significantly impede effective…

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Bahrain's Batelco Picks ZTE for 2G/3G

Bahrain-based Batelco has signed a group framework agreement with ZTE for 2G/3G wireless solutions. As of Q3, Batelco serves 7.5 million mobile subscribers and…

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Bell Canada Boosts Dividend

BCE announced a 7.7% increase in its annual common share dividend to $1.97 per share for 2011, and plans to accelerate funding of future…