Sprint Nextel to Acquire iPCS for $831 Million
Sprint Nextel agreed to acquire iPCS for approximately $831 million, including the assumption of $405 million of net debt. The deal provides Sprint with…
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Sprint Nextel agreed to acquire iPCS for approximately $831 million, including the assumption of $405 million of net debt. The deal provides Sprint with…
Force10 Networks reported that its quarterly bookings increased 25% from the previous quarter for the period ending September 30, 2009. The company said its…
Texas Instruments reported Q3 2009 revenue of$2.88 billion, net income of $538 million and earnings per share (EPS) of $0.42. TI’s revenue declined 15…
Apple sold 7.4 million iPhones in Q3 2009, representing seven percent unit growth over the year-ago quarter. A year earlier, during the first quarter…
Sony Ericsson shipped 14.1 million mobile phones in Q3 2009, an increase of 2% quarter-on-quarter and a decrease of 45% year-on-year. Sales for the…
Following its earnings report last week, Nokia announced two senior management changes. Rick Simonson, currently Nokia Chief Financial Officer, has been appointed to head…
The United States Bankruptcy Court for the Southern District of New York has indicated that it intends to confirm Charter Communications’ pre-arranged Joint Plan…
The Securities and Exchange Commission formally charged billionaire Raj Rajaratnam and his New York-based hedge fund advisory firm Galleon Management LP with engaging in…
Alcatel-Lucent has appointed Nicolas Bouverot as vice president and head of the company’s business in the Middle East region. He will assume overall responsibility…
UTStarcom and agreed to settle all legal disputes between the two companies. Under the settlement, Starent will make a one-time payment to UTStarcom in…
Emerson agreed to acquire Avocent, a leading supplier of KVM (keyboard, video and mouse) switches and consoles, in an all-cash tender offer of $25…
Brocade Communications Systems is quietly searching for a buyer, according to The Wall Street Journal. The article did not cite any company sources but…
For its fiscal quarter ended September 27, 2009, Extreme Networks now expects net revenue of approximately $66 million. “Our supply chain was constrained during…
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