China has opened up its mobile broadband market after granting 4G licences to the country's three main telecom companies. The FT reports.» Read More
WASHINGTON, Dec 3- The heads of two U.S. Senate committees overseeing national security have expressed concern to the Obama administration over a recent network supply deal between China's Huawei Technologies Co Ltd and Washington ally South Korea.
SINGAPORE, Nov 14- U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China, as fallout from the U.S. spying scandal starts to take a toll.
NEW YORK, Nov 8- Alcatel-Lucent is exploring the sale of a division that sells switches and communications gear to corporate clients, part of the French company's efforts to shed 1 billion euros worth of assets by 2015, according to people familiar with the matter.
PARIS, Nov 4- Loss-making telecom equipment maker Alcatel-Lucent plans to raise 955 million euros from shareholders and $750 million from a high-yield bond to cut debt and drive what its boss has called a last-ditch effort to save the group.
SAN FRANCISCO, Oct 31- The group that owns thousands of former Nortel patents filed a barrage of patent lawsuits on Thursday against cell phone manufacturers including Google, the company it outbid in the Nortel bankruptcy auction. Google is accused of infringing seven patents.
*CEO Michel Combes says trying to save Alcatel. PARIS, Oct 31- Telecom equipment maker Alcatel-Lucent posted higher revenues and a narrower loss in the third quarter helped by double-digit growth in the highly profitable U.S. market as it raced to cut costs to survive.
*CEO Michel Combes says trying to save Alcatel. Alcatel-Lucent Chief Executive Michel Combes, who took the helm in April, is seeking to streamline the group to focus on high-speed mobile and fixed broadband products, while slashing the staff by 10,000 to save 1 billion euros by 2015..
HELSINKI, Oct 29- Nokia predicted a more profitable future for its NSN networks equipment and software unit on Tuesday, raising hopes for growth in what will be the Finnish firm's main business after its former flagship phones division is sold to Microsoft in the new year.
STOCKHOLM, Oct 24- Ericsson's turnaround drive was thrown into doubt on Thursday as the world's biggest mobile networks maker missed third-quarter profit forecasts and said sales were coming under pressure in the United States and Japan.
*Ericsson, Gemalto fall as Q3 results disappoint. LONDON, Oct 24- Mining and auto stocks lifted European shares on Thursday after encouraging manufacturing data from big consumer China, but mixed earnings from companies trading on high valuations capped gains.
LONDON, Oct 24- Miners led a rebound in European shares early on Thursday driven by better-than-expected manufacturing data from China, the world's largest consumer of raw materials. Mining shares rose 0.9 percent after the flash Markit/HSBC Purchasing Managers Index for China hit a seven-month high.
LONDON, Oct 24- European shares bounced back towards five-year highs in early trading on Thursday, with a survey showing a pick-up in manufacturing activity in China cheering investors.
Oct 16- Chipmaker Xilinx Inc forecast current-quarter revenue largely below Wall Street's estimates as it expects lower revenue at its industrial and aerospace businesses. Xilinx shares fell 4.5 percent after the company said it expects current-quarter revenue to be up or down 2 percent sequentially.
*Ericsson and Dassault Systemes fall, hitting tech sector. LONDON, Oct 14- European shares made minor gains on Monday as a U.S. budget deadlock kept stock markets in check, while falls in Ericsson and Dassault Systemes hit technology shares.
*Ericsson and Dassault Systemes fall, hitting tech sector. LONDON, Oct 14- Falls in Ericsson and Dassault Systemes hit technology stocks on Monday, as a lack of concrete progress in resolving a U.S budget deadlock held back European shares.
PARIS, Oct 9- France warned on Wednesday it could use new rules to block a plan by telecoms company Alcatel-Lucent to lay off 900 French workers, but unions and government sources questioned whether the state would go that far. Prime Minister Jean-Marc Ayrault said new labour rules could be invoked to stop the company forcing them through.
*French president calls on Alcatel to review plans. *Alcatel to cut nearly one in seven of its employees. PARIS, Oct 8- French president Francois Hollande called on Alcatel-Lucent on Tuesday to save as many jobs as possible in France after the telecoms equipment maker said it plans to cut 10,000 jobs worldwide, about 14 percent of its entire workforce.
*Alcatel to cut nearly one in seven of its employees. PARIS, Oct 8- Telecom equipment maker Alcatel-Lucent said on Tuesday it would cut 10,000 jobs worldwide, calling it the last chance to turn the company around from heavy losses.
*Alcatel to cut nearly one in seven of its employees. PARIS, Oct 8- Telecom equipment maker Alcatel-Lucent announced plans on Tuesday to cut an overall 10,000 jobs worldwide in what its chief executive called a last chance to turn the company around from heavy losses.
Alcatel mainly builds and develops telecommunications networks and related equipment for network operators- such as Verizon or AT&T- and other enterprise customers.