Posts tagged “Telecommunications and Wireless”

Updated December 11, 2009

FCC isn't protecting consumers from mobile carriers, government report charges

FCC Federal Communications Commission needs to ramp up oversight of the wireless industry and do a better job of enforcing consumer protection rules, says GAO report.

December 10, 2009

Top RTP Nortel executive Joel Hackney bolts for Avaya

Joel Hackney Top executive at Nortel’s campus in RTP takes a senior executive role at the company that is buying the business unit he leads. Most RTP employees work for the Enterprise group. Avaya is expected to close on that acquisition this month.

Updated December 9, 2009

Wireless data hogs, beware – AT&T is planning to rein in usage

AT&T to crack down on wireless data users AT&T also announces plans for major speed upgrades to its U-verse television and data network. U-verse now has 2 million customers, AT&T says.

Updated December 9, 2009

Analyst: Cisco 'practicing what they preach with results'

Cisco Wall Street analysts like what they hear from network gear maker at briefing in New York.

December 7, 2009

Many of Nortel’s RTP employees closer to getting new boss – Avaya

Nortel The New jersey-based telecommunications gear maker receives Canadian government approval for acquisition of Nortel’s enterprise business unit. Most Nortel RTP workers are part of that group. The acquisition is expected to close in December.

December 3, 2009

Analyst warns Nortel acquisition poses risks for Ciena

Ciena faces challenges with Nortel deal, analyst says Maryland-based telecommunications gear maker prevails in auction fight for Nortel’s optical and Ethernet business unit. But the deal will challenge Ciena management, says Jefferies analyst George Notter.

Updated December 3, 2009

Courts approve Nortel's business unit sale to Ciena for $769 million

Nortel Bankrupt telecommunications gear maker and Maryland-based Ciena prevail in a court fight against Nokia Siemens, which had submitted a higher bid on Tuesday.

December 2, 2009

Nokia Siemens objects to Nortel’s sale of optical, Ethernet business to Ciena

Nortel The Skinny: Calling Ciena’s bid that includes convertible notes as posing ‘considerable risk,’ Nokia Siemens also ups its offer $40 million to $810 million – in cash.

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