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  • PARIS, Nov 18- Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation's network because of differences over costs of upgrading existing systems, an Ethiopian minister and executive said. The deal last year with monopoly state-run operator Ethio Telecom was part of a $1.6 billion package, split...

  • HELSINKI/ LONDON, Nov 14- Nokia predicted on Friday a return to growth for sales in its core network equipment and services business next year and lifted its long-term profit margin target after meeting strong demand for 4 G mobile broadband networks this year. Nokia, which ranks third in the global network-equipment market after Ericsson and Huawei...

  • *Ericsson sees slightly slower growth in main markets. STOCKHOLM, Nov 13- Telecom equipment and services group Ericsson plans to cut 9 billion Swedish crowns of costs a year, including reducing staff, to help it cope with weaker growth prospects for its markets, it said on Thursday. While its North American market is slowing with operators such as Verizon and AT&T...

  • Rapid UK economic growth slows slightly in 3rd quarter. LONDON- Britain's rapid economic recovery eased as expected during the third quarter, as services output growth slowed and manufacturing expanded at the weakest pace in 18 months, official data shows. BRUSSELS- France and Italy make fresh commitments to reform to persuade Germany and the European...

  • HELSINKI, Oct 23- Nokia delivered quarterly profits well above expectations on Thursday, six months after selling its struggling handset business to Microsoft in a 5.6 billion euros deal that transformed it into a pure play network equipment maker. The Finnish company reported strong earnings from its core network gear unit and lifted the outlook for the...

  • HELSINKI, Oct 23- Finland's Nokia beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network gear unit on the back of large network roll-outs in North America and China. Nokia shares rose 5.3 percent to 6.85 euros by 0830 GMT, underscoring investors' positive view of the transformation...

  • BRUSSELS, Oct 20- The European Union has ended a long-running telecoms row with China, the EU's trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world's top trading powers. As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a...

  • Oct 16- Xilinx Inc reported better-than-expected quarterly revenue and profit due to higher sales of programmable chips to industrial, aerospace and defense customers, sending the company's shares up 5 percent in extended trading. The segment accounted for 41 percent of Xilinx's total revenue in the quarter. Semiconductors made by Xilinx are sold off the...

  • ROME, Oct 14- China and the European Union have found a way to end a long-running dispute over Chinese exports of telecoms equipment, resolving one of the most divisive issues between the major trade partners, the EU's top trade official said on Tuesday. Both sides would also agree to monitor the market share of Chinese telecoms companies in Europe and European...

  • BERLIN, Oct 10- China and the European Union aim to end a long-running telecoms row next week, the EU's trade chief said on Friday, potentially easing tensions between two of the world's top trading powers. Reuters reported exclusively this week that Europe was close to a deal with Beijing on defusing the issue of what Brussels says are illegal subsidies to...

  • MEXICO CITY, Oct 9- Mexico's government on Thursday kick-started a project to launch a state-owned mobile network by 2018, part of a wider effort to support competitors to billionaire Carlos Slim's dominant America Movil. Mexico's telecoms regulator and the telecommunications and transport ministry agreed on terms and conditions for the development of...

  • BRUSSELS, Oct 8- China and the European Union are closing in on a deal to resolve a long-running telecoms dispute by the end of the month, people close to the matter say, potentially putting an end to one of the most divisive issues between the two big trade partners. Beijing is considering a deal in which China promises to limit its export credits to China's No. 2...

  • FRANKFURT, Oct 1- ARM Holdings Plc said on Wednesday it was introducing software to make the proliferating number of Internet-connected devices many consumers surround themselves with more manageable and secure.

  • BEIJING, Sept 25- Huawei Technologies Co Ltd, the world's largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development in the next three years.

  • *Alcatel, Ericsson helped group that made bid. MEXICO CITY/ PARIS, Sept 19- Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.

  • STOCKHOLM, Sept 18- Ericsson, the world's biggest mobile network equipment maker, is winding down its modem business, shutting a loss-making unit with the departure of about 1,000 staff.

  • TOKYO, Sept 17- Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its smartphone unit, which it has failed to grow despite a rapidly expanding market.

  • Other companies signing a letter to Pritzker published on Tuesday included Alcatel Lucent SA, Ericsson, Nokia Oyj's network arm NSN, Panasonic Corp of North America and CommScope Holding Co Inc.

  • *Facebook to open Africa office in 2015. Knowing that there is all these people now in Africa that you can connect with, that is exciting as well, "said Nicola Mendelsohn, Facebook's vice president for Europe, Middle East and Africa.

  • BRUSSELS, Aug 26- Qualcomm, the world's No. 1 mobile chipmaker, may face a European antitrust investigation in relation to a four-year-old complaint by a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday.