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Qwest Provides Financial Update

Qwest Communications expects to report Q1 free cash flow and EBITDA results that are in line with the full-year guidance the company provided in…

Exar Completes Hifn Acquisition

Exar closed the previously announced acquisition of hi/fn. Al Sisto, the former chief executive officer and chairman of the board of directors of Hifn,…

IBM + Sun Deal Called Off

The expected acquisition of Sun MicroSystems by IBM was called off after Sun’s Board of Directors rejected the latest offer and IBM dropped its…

China Telecom Reports Tumultuous 2008 Changes

In 2008, China Telecom experienced the historic restructuring of the nation’s telecommunications market, completed a major expansion through its wireless acquisition and responded to…

Sony Ericsson Warns on Weak Q1 Sales

Sony Ericsson warned that its net sales and net income before taxes in the first quarter of 2009 continue to be negatively affected by…