Tag: Financial

The Securities and Exchange Commission (SEC) concluded its investigation of Global Crossing's reciprocal purchases and sales of telecommunications capacity with ...

Verizon Communications will purchase 43.4 million shares of MCI from Carlos Slim Helu, the largest individual stakeholder in MCI, for ...

Micromuse agreed to acquire Quallaby, a privately-held software company based in Lowell, Massachusetts, for $33 million in cash. Quallaby supplies ...

Motorola announced the opening of an applied research lab in Bangalore. This lab, the 11th for Motorola and the company's ...

Comcast and Time Warner reportedly neared an $18 billion deal for bankrupt Adephia, the fifth largest U.S. cable operator. Adelphia ...

BT has acquired Cable and Wireless Business Solutions group in Spain for EUR 6 million. CW Business Solutions provides major ...

VeriSign completed its LightSurf, a provider of multimedia messaging and interoperability solutions for the wireless market, for $270 million in ...

Computer Associates (CA) agreed to acquire and Concord Communications, (NASDAQ:CCRD), a provider of network service management software solutions, in an ...

Nokia's Board of Directors agreed to distribute a dividend of EUR 0.33 per share for 2004. The company's Board also ...

Tekelec is moving its corporate headquarters from Calabasas, California, to Morrisville, North Carolina. Over the past year, the number of ...

ZTE announced plans to open R&D facilities in Islamabad, Pakistan as part of its growing presence in international markets. The ...

Nortel has invested US$10 million in Sasken Communication Technologies Limited, an Indian company specializing in telecom R&D outsourcing. Sasken has ...

Deutsche Telekom announced the unexpected death of Konrad R. Reiss, the CEO of T-Systems. Konrad R. Reiss was named a ...