Tag: Financial

NEC is reorganizing its research and technology development efforts into three domains: 1) IT network integration solutions 2) Semiconductor solutions ...

Tellabs announced plans to outsource manufacturing of its North American products to Sanmina-SCI, resulting in the layoff of 325 employees. ...

Centillium Communications reported Q2 revenue of $33.9 million, a 22% increase from the $27.8 million of revenues for Q1 2003, ...

Alcatel returned to profitability in Q2, with all of its major segments at break-even or better. Reported quarterly sales were ...

Telecom Italia will acquire HanseNet Telekommunikation GmbH, a broadband operator with approximately 80,000 subscribers in the Hamburg area. HanseNet is ...

Zhone Technologies, a provider of next-gen local loop access solutions, announced plans to merge with Tellium, a developer of core ...

Citing solid financial gains in a difficult environment, Sprint reported consolidated net operating revenues for Q2 of $6.5 billion, compared ...

Equant named Daniel Caclin as its new president and CEO, replacing Didier Delepine, who has expressed his wishes to pursue ...

Following a meeting with the U.S. Attorneys Office, Michael D. Capellas, MCI's chairman and CEO issued a public statement vowing ...

The New York Times reported that the federal government has launched a new inquiry into whether MCI defrauded other carriers ...

Advanced Fibre Communications (AFC) announced Q2 revenue of $83.0 million on a GAAP basis, compared with $80.5 million in the ...

Avaya reported quarterly revenue of $1.072 billion, slightly below revenue of $1.081 billion for the preceding quarter. The company reported ...

Citing cautious spending by service providers, Nortel Networks reported quarterly revenue of US$2.33 billion, down sequentially approximately 3%. This compares ...