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Industry Conference Schedule for Q1 2009

International Consumer Electronics Show (CES) 08-Jan-09 to 11-Jan-09 Las Vegas ITEXPO EAST 2009 02-Feb-09 to 04-Feb-09 Miami DesignCon 2009 02-Feb-09 to 05-Feb-09 Santa Clara,…

Level 3 Cuts 450 Jobs, an 8% Reduction

Level 3 Communications announced a workforce reduction of approximately 450 employees in North America, approximately 8 percent of its total employee base. The reduction…

Nokia Again Trims Forecast

Citing weakening consumer spending worldwide, Nokia again trimmed its forecasts for 2009. A previous warning had been issued on 14-November-2008. While noting the extremely…

Verizon Declares Quarterly Dividend

Verizon Communications declared a quarterly dividend of 46 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Feb. 2,…

Nokia Closes Acquisition of Symbian

Nokia completed its previously announced acquisition of acquire Symbian Limited. Symbian is the software company that develops and licenses Symbian OS, the market-leading open…

Sierra Wireless to Acquire Wavecom — 3G + M2M

Sierra Wireless agreed to acquire Wavecom, a leading provider of embedded wireless technology for M2M (machine-to-machine) communication, for approximately EUR 218 million. The offer…

Hawaiian Telcom Files for Chapter 11

Hawaiian Telcom, the incumbent local exchange carrier (ILEC) in Hawaii, has filed for Chapter 11 bankruptcy protection. The company is seeking relief to enable…