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Verizon Holds its Dividend Steady

Verizon Communications declared a quarterly dividend of 40.5 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Aug. 1,…

Nokia Launches Wi-Fi Internet Tablet

Nokia introduced a dedicated Wi-Fi device optimized for Internet browsing and email in a pocketsize format. The Nokia 770 Internet Tablet features a high-resolution…

McLeodUSA's Lenders Extend Forebearance Period

McLeodUSA, one of the nation’s largest independent, competitive telecommunications services providers, and its lenders have agreed to the extension of the forbearance agreement initially…

Ericsson and ZTE to Collaborate on TD-SCDMA

Ericsson and Zhongxing Telecom Equipment Corporation (ZTE) announced an alliance to collaborate in the TD-SCDMA area. In accordance with the agreement, Ericsson is to…

Navini Supplies Broadband Wireless in Nigeria

Nigeria’s Horizon Wireless is launching a 3.5 GHz Wireless Broadband network using equipment from Navini Networks. The deployment uses Navini’s Ripwave system to offer…