Tag: Financial

Ciena reported quarterly revenue of $417.6 million, representing a 7% sequential increase from fiscal third quarter 2010 revenue of $389.7 ...

Tyco Electronics completed its previously-announced acquisition of ADC Telecommunications. Tom Lynch, Chief Executive Officer of TE, said, "With our expanded ...

CTIA-The Wireless Association announced the following new officers for 2011: Dan Hesse, CEO of Sprint Nextel Corporation, chairman; Pat Riordan, ...

Verizon Communications announced the appointment of Anthony Melone as executive vice president and chief technology officer, with responsibility for Verizon's ...

ECI Telecom and its shareholders - the Swarth Group and Ashmore Investment Management Ltd. -- has acquired all the remaining ...

Clearwire to raise approximately $1.1 billion through a debt offering to serve general corporate purposes, including capital expenditures. Specifically, Clearwire ...

Ericsson will acquire certain assets of the Guangdong Nortel Telecommunication Equipment Company Ltd (GDNT) for US$50 million. GDNT is a ...

Dr. Arogyaswami Paulraj, a co-founder of Beceem Communications, has been named the recipient of the Institute of Electrical and Electronics ...

GENBAND will establish an International Headquarters and Business Services Centre in Galway, Ireland. The expansion represents an EUR 8 million ...

In response to FCC Chairman Genachowski's Internet rules proposal, Verizon said it supports the goal of an "open and free ...

Motorola Mobility Holdings will separate from Motorola, Inc. through a tax-free dividend involving the distribution of all Motorola Mobility common ...

Mellanox Technologies agreed to acquire Voltaire Ltd., a provider of scale-out data center fabrics, for $8.75 per share, or a ...

The European Investment Bank (EIB) is providing a loan of EUR 150 million to Magyar Telekom to further develop telecommunications ...