Sonus Acquires Atreus Systems for IP Provisioning Software
Sonus Networks has acquired Atreus Systems, a supplier of IP voice and advanced IP service provisioning software. Financial terms were ...
Tag: Financial
China Netcom Reaches 22 Million Broadband Lines
China Netcom reported Q1 2008 revenue of RMB 20,487 million, including upfront connection fees of RMB 270 million. Excluding upfront ...
Nortel Appoints Head of Global Sales
Nortel announced the appointment of Michael Pangia as senior vice-president, Global Sales Operations and Strategy -- a newly created position. ...
Israel's Koor Industries Confirms Talks with India's Tata
Koor Industries filed a non-binding indicative letter of intent to acquire a significant share in India's Tata Teleservices Limited. Koor's ...
Nokia Ships 115 Million Mobiles in Q1, See Q2 Decline in Euro Terms
In the first quarter 2008, Nokia's total mobile device volume reached 115.5 million units, representing 27% year on year growth ...
PMC-Sierra Posts Q1 Revenue of $125 Million, up 21% YoY
PMC-Sierra reported Q1 2008 revenues of $125.0 million, which is 21% higher than the first quarter of 2007 and a ...
Amdocs Posts Quarterly Revenue of $774 Million, Exceeding Guidance
Amdocs reported quarterly revenue of $774.3 million, an increase of 9.6% over the same period last year. The company's GAAP ...
Cisco Signs MOUs with China's Ministry of Commerce, National Development Commission
At a press conference in Beijing, Cisco chairman and CEO John Chambers announced the next phase of Cisco's corporate strategy ...
Novatel Wireless Misses Q1 Forecast
Novatel Wireless, which supplies wireless broadband access cards, reported preliminary Q1 financial results saying it now expects revenue to be ...
Platinum Equity Completes Acquisition of Covad
Platinum Equity completed its acquisition of Covad Communications for approximately $470 million. The acquisition was a public-to-private transaction in which ...
Foundry Issues Preliminary Results, Cites Macroeconomics
Foundry Networks announced preliminary results for Q1 2008, saying it now expects revenue to range between $148.0 million and $150.0 ...
U.S. Court of Appeals Denies EchoStar's Petition for Rehearing
The U.S. Court of Appeals for the Federal Circuit in Washington, D.C. denied EchoStar's request for a rehearing en banc ...
Ixia Expects Q1 Revenues at Low-end of Guidance
Ixia expects its preliminary financial Q1 2008 revenues to be in the range of $41.0 to $42.0 million, slightly below ...
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