Flaherty jabs, but mayor unfazed Oct 20, 2009
But their differences were often expressed in the form of nitty-gritty policy disagreements that might have left some viewers scratching their heads, as they argued about GIC, the state Group Insurance Commission, and whether the City Council should have approved property taxes on utility poles and other telecommunications equipment. There was a rare moment of direct confrontation when Flaherty asked Menino what letter grade he would assign to the Boston public schools, after reminding viewers... (Boston Globe)
Twitter Jitters: Can What You Tweet About Police Land You in Jail? Oct 20, 2009
Pennsylvania authorities charged Madison with hindering apprehension or prosecution, criminal use of a communications facility, and possession of instruments of crime (telecommunications equipment). Under , a person commits the crime of "hindering apprehension or prosecution" when he. (Law.com)
LSI and Accton Announce Platform for Delivering IPTV and Rich Media Services Over Broadband Networks Oct 15, 2009
Accton Technology Corporation (TAIEX: 2345), a leading ODM vendor in Taiwan, develops networking and communications solutions for Enterprise, MSO and telecommunications equipment vendors. The company leverages its advanced software applications and state-of-the-art ASIC to join forces with its strategic partners to design, develop and manufacture innovative technologies in Zero Time. (Yahoo! Wire -- Entertainment News)
Cisco to buy Starent for $2.9 billion Oct 14, 2009
- Cisco Systems Inc plans to buy wireless telecommunications equipment maker Starent Networks Corp for $2. 9 billion, betting that demand for advanced wireless equipment will grow as more consumers download videos and access the Web from mobile phones. (MSNBC -- Business)
Aug. trade deficit narrows unexpectedly to $30.7B Oct 11, 2009
The strength reflected higher sales of American farm products including soybeans and wheat, and increases in sales of autos and related parts, industrial engines and telecommunications equipment. The rise in exports is being aided by a weakening dollar, which is down nearly 12 percent against a range of other currencies since the beginning of the year. (Muscatine Journal, IO)
US trade deficit narrows unexpectedly to $30.7 billion Oct 10, 2009
The strength reflected higher sales of American farm products including soybeans and wheat, and increases in sales of autos and related parts, industrial engines and telecommunications equipment. Through the first eight months of this year, the trade deficit is running at an annual rate of $357 billion, about half of last year's $695. (Business Report, South Africa)
Zafirovski says Nortel owes him $12M Oct 10, 2009
Zafirovski stepped down from Nortel in August after four years leading the beleaguered telecommunications equipment maker. The company filed for bankruptcy protection in the United States and Canada in January and has been auctioning pieces of the business under supervision of the bankruptcy courts. (Triangle Business Journal)
Cardinal taps new development chief Oct 6, 2009
His past experience includes stints at Merrill Lynch & Co., where he served as an investment banker, and telecommunications equipment company Blake also has worked as a consultant with advisory firm and Price Waterhouse LLP, now a part of. Blake has a bachelor s in government from and an MBA from the s. (Columbus Business First, OH)
NEC Produces World's Smallest Class All-in-One Compact Core Network System (EPC) for LTE Oct 2, 2009
(5) AdvancedTCA(R) is an industry standard of the PICMG forum for next generation carrier grade telecommunications equipment. (6) The 3rd Generation Partnership Project (3GPP) is a partnership project that produces detailed specifications for IMT-2000 W-CDMA. Specifications created by the 3GPP are in accordance with standards established throughout a wide range of countries. (JCN Network, Japan)
As Madoff mimics lurk, here are possible signs of a Ponzi pitch Oct 2, 2009
company, allegedly invested in telecommunications equipment for , , Tropicana Resort & Casino and ... The problem: There was precious little telecommunications equipment, no deals with the hotels, and the guarantee was worthless. (USA Today -- Money)
McChord air crew flies FEMA team to American Samoa Oct 2, 2009
A McChord Air Force Base crew is flying a nine-person Federal Emergency Management Agency team and its telecommunications equipment to American Samoa as part of the tsunami relief effort. The C-17 left Washington state on Thursday afternoon and planned to fly directly to American Samoa, refueling in flight. (Longview Daily News, WA)
D3 uses Ireland as stepping off point to E.U. Sep 22, 2009
4 millionKey industries: Ferrous and non-ferrous metal production and processing, metal products, petroleum, coal, cement, chemicals, pharmaceuticals, aerospace, rail transportation equipment, passenger and commercial vehicles, construction equipment, industrial equipment, shipbuilding, electrical power equipment, machine tools and automated manufacturing systems, electronics and telecommunications equipment, fishing, food and beverage processing, furniture, paper, textiles, tourismPittsburgh... (Pittsburgh Business Times, PA)
Nortel plans to sell some carrier networks assets Sep 22, 2009
Nortel, a former telecommunications equipment giant that at one point accounted for one-third of the market value on the entire Toronto Stock Exchange, filed for bankruptcy protection in Canada and the U.S. in January. The company said Monday it filed a motion with the U.S. Bankruptcy Court for the District of Delaware, seeking a sale procedure under which bidders could submit offers for the assets. (Atlanta Journal-Constitution -- World)
E-Type: Seller/Broker Sep 19, 2009
One way to differentiate among sales opportunities is by who you're selling to consumers (products like insurance, real estate, cosmetics, roofing, or laundry detergent) or businesses (products like insurance, industrial supplies, advertising, raw materials, or telecommunications equipment). Some businesses you'd never think of as "brokering" may serve the same function. (The Clarion-Ledger)
US, Canadian Judges Approve Nortel Bankruptcy Sale Sep 17, 2009
Nortel, a former telecommunications equipment giant that at one point accounted for one-third of the market value on the entire Toronto Stock Exchange, filed for bankruptcy protection in Canada and the U.S. in January, one day before it was due to make a debt payment of $107 million. Approval of the enterprise unit sale came after Gross rejected an objection filed by Verizon Communications Inc. New York-based Verizon, a major user of Nortel products and services, argued that Avaya's refusal to... (ABC News -- Wire)
Avaya wins Nortel unit, to stay in RTP Sep 15, 2009
The president of the division set to be purchased for $900 million by New Jersey telecommunications equipment company says the acquiring company does not plan to abandon Research Triangle Park ... Both companies sell telecommunications equipment to Fortune 500 companies and other large enterprises ... St. Louis-based telecommunications equipment re-seller filed a protest with the U.S. Justice Department in August claiming that an Avaya-Nortel marriage would result in reduced competition and... (Triangle Business Journal)
Chinese-made products popular among Somali traders Sep 15, 2009
The popularity of Chinese products with traders is very visible in most Somali markets where almost all the construction materials, electronics, telecommunications equipment and textiles are imported from the east Asian economic giant. Osman Haji, a trader in Bakara, says most of the products in the market and his shop are imported from China. (Xinhuanet, China)
Dell to hang up on call center Sep 11, 2009
5 million to upgrade a former grocery store and its telecommunications equipment as incentives to land the center. The city also agreed to pay 68,000 annually to lease an off-site parking lot built for Dell employees. (Burley South Idaho Press, ID)
MindTree set for China foray Sep 11, 2009
BANGALORE: Mid-sized software services firm MindTree will be making foray into China, having bagged a significant outsourcing contract from Chinas biggest telecommunications equipment maker Huawei Technologies. For the Bangalore-headquartered company, China marks new geography entry, besides already having presence in US and Europe. (India Times)
Balser for Newton mayor Sep 10, 2009
Incumbent David Cohen In the Legislature, Balser was a lead sponsor of a bill to give municipalities a revenue boost by eliminating the tax exemption on telecommunications equipment. She also backed the bill letting communities piggyback onto the state To make city departments work better, Balser favors a data-based performance management system. (Boston Globe)
Woman off to jail without freezing eggs Sep 3, 2009
Hanna, 36, was convicted last year of breaking a U.S. trade embargo with Iraq by selling telecommunications equipment before the war started in 2003. The ruling means she must report to prison by Tuesday. (MSNBC -- Crime)
Sotel protests proposed Nortel sale Sep 2, 2009
A letter from Jim Goebel, president of St. Louis-based telecommunications equipment re-seller , to the asks the Justice Department to block a deal between and Avaya Inc, claiming that the transaction would lessen competition and likely result in higher prices ... It provides refurbished and new telecommunications equipment to resellers, phones companies and the government. (St. Louis Business Journal, MO)
Nanoscale laser harnesses plasmons Sep 2, 2009
Discrete semiconductor lasers used in telecommunications equipment are measured in millimeters, but micron-sized semiconductor lasers are currently under development in many labs. The two lasers recently demonstrated are the first to reach the nanometer realm. (EETimes)
Sale of Nortel unit draws protest Aug 29, 2009
A letter sent to the Justice Department from Jim Goebel, president of St. Louis-based telecommunications equipment re-seller , asks the Justice Department to block the Nortel-Avaya deal, claiming that the transaction would lessen competition and likely result in higher prices. Goebel said that the deal would allow Avaya and its top competitor, , to control about 75 percent of the overall enterprise market. (Raleigh Triangle Business Journal, NC)
Global IP Solutions Powers the New Yahoo! Messenger Video Calling Aug 25, 2009
GIPS serves application developers, wired and wireless service providers and network and telecommunications equipment vendors. Its customer list includes CommuniGate, Nimbuzz, Nortel, Oracle, PCCW, Samsung, WebEx, Yahoo. (PR Newswire)
Do we need a U.N. cybersecurity council? Aug 25, 2009
We need to establish some type of organization that can help foster" this necessary international relationship, Bumgarner said. Bumgarners research showed that last years cyberattacks on Georgia were carried out by civilians with little or no direct involvement from the Russian government, which has denied involvement. However, US-CCUs analysis also showed that the first wave of cyberattacks blocked Georgias ability to communicate after the military assault began. US-CCU said the... (FCW.com)
Huawei Sees Gain in European Market Share, `Significant' U.S. Breakthrough Aug 24, 2009
Aug. 24 (Bloomberg) -- Huawei Technologies Co., Chinas biggest telecommunications equipment maker, has garnered a 10 percent market share in Europe and expects to gain more ground this year, a company executive said. The Shenzhen, China-based company is targeting a huge improvement in Europe this year with a focus on wireless equipment, , Huaweis vice president for western Europe, said in an interview in London. (Bloomberg -- Asia)
Will RTP jobs stay? Only the buyer knows Aug 21, 2009
Analysts believe the unit, which until recently was run under the leadership of then-CEO Mike Zafirovski, will end up being sold for more than the $475 million initial bid submitted in July by New Jersey telecommunications equipment company. Avaya was selected by Nortel to submit the first bid known as a stalking horse bid in bankruptcy court parlance. (Raleigh Triangle Business Journal, NC)
Industrial production rises more than expected Aug 15, 2009
Large gains in shipments of semiconductors, civilian aircraft and engines, and telecommunications equipment led the export increase, the department said. Also in msnbc. (MSNBC -- Business)
Industrial production up first time in 9 months Aug 15, 2009
Large gains in shipments of semiconductors, civilian aircraft and engines, and telecommunications equipment led the export increase, the department said. Share. (Mattoon Journal-Gazette, IL)
Business Highlights Aug 13, 2009
Those companies benefited from higher shipments of semiconductors, aircraft and telecommunications equipment. The Commerce Department said the deficit rose 4 percent to $27 billion, from May's $26 billion. (ABC News -- Wire)
Trade deficit widened slightly in June Aug 13, 2009
Big gains in shipments of semiconductors, civilian aircraft and engines, and telecommunications equipment led the overall export increase. Meanwhile, the WTO ruled that China had acted improperly by forcing America media producers to route their business in China through Chinese state-owned companies, a decision that could set a larger precedent for U.S. automakers and other American firms. (MSNBC -- Business)
Optimism Rises for Nortel Unit Sell-offs Aug 11, 2009
On July 20, Nortel also said it had lined up as a tentative buyer a so-called "stalking horse" bidder for the unit that sells telecommunications equipment to corporations; it is expected to be auctioned off in September. "A Labor of Love," Says Departing CEO. (BusinessWeek)
Harris Stratex lowers revenue outlook Aug 8, 2009
The Morrisville telecommunications equipment maker now projects fiscal fourth quarter revenue of about $135 million. That s down from the range of $140 million to $160 million the company gave as part of its fiscal. (Triangle Business Journal)
CoSine Communications Announces Financial Results for the Quarter Ended June 30, 2009 Aug 8, 2009
CoSine Communications was founded in 1998 as a global telecommunications equipment supplier to empower service providers to deliver a compelling portfolio of managed, network-based IP and broadband services to consumers and business customers. CoSine ceased its customer service operations effective December 31, 2006. (PR Newswire)
Ramius wins three seats on Tollgrade board Aug 6, 2009
The Cheswick-based telecommunications equipment and testing company announced the preliminary proxy results at its annual shareholder meeting at 3 p.m. Wednesday. Scott C. Chandler, Edward B. Meyercord and Jeffrey Solomon bested incumbent board members James J. Barnes, David Egan and Brian C. Mullins for seats. (Pittsburgh Business Times, PA)
Guangdong Visions: Forging China's Future Aug 6, 2009
Shenzhen-based has become the world's strongest telecommunications equipment maker, an icon of China's new enterprises. It grew 46% in 2008, notwithstanding the global recession, booking $23 billion in contract sales. (BusinessWeek)
Emerson Electric profit drops Aug 5, 2009
St. Louis-based Emerson manufactures appliances and tools; electronics and telecommunications equipment; industrial automation and process control systems; and heating, ventilating and air conditioning equipment. Emerson posted 2008 sales of $24. (Dayton Business Journal, OH)
China Digital Communication Group to Host Second Quarter Conference Call Aug 1, 2009
China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is a manufacturer and developer of advanced telecommunications equipment in China. E'Jenie sells high-quality lithium-ion battery shell and cap products to major lithium-ion battery cell manufacturers in China. (PR Newswire)
Tollgrade reports 2Q net loss Jul 31, 2009
A year ago, the telecommunications equipment and testing company based in Cheswick, near Pittsburgh, had a net loss of $2. 7 million, or 2 cents per share, on revenue of $12. (Pittsburgh Business Times, PA)
Smiles all round over Lebanon's cabinet Jul 31, 2009
On the same day, US State Department spokesman Andrew J Laine said that the US had decided to exempt Syria from sanctions "related to information technology and telecommunications equipment and parts and components related to safety of civil aviation". Talk of reducing sanctions as a prelude to improved Syrian-US relations had been in the air for months. (Asia Times Online)
Alcatel-Lucent Posts First Profit After 10 Quarters of Losses on Cost Cuts Jul 30, 2009
The market for telecommunications equipment and related services will fall between 8 percent and 12 percent at constant exchange rates this year, the company said. Our customers are investing, but they make their investments on a selective basis, Verwaayen said on the call. (Bloomberg -- Europe)
Navistar mulls HQ move Jul 30, 2009
Representatives of Paris-based telecommunications equipment maker Alcatel-Lucent and its real estate adviser, Chicago-based UGL Equis, declined to comment. Navistar had net income of just $134 million on revenue of $14. (Crain's Chicago Business)
Alcatel-Lucent makes $A25m profit in Q2 Jul 30, 2009
The Paris-based telecommunications equipment maker posted a net profit of 14 million euro ($A24 ... He reaffirmed that Alcatel-Lucent will come close to breaking even at the operating level this year, despite an overall telecommunications equipment market that he still expects to contract between 8 per cent and 12 per cent.. (Sydney Morning Herald -- Business)
In Obama's Middle East Push, a Message to Tehran Jul 30, 2009
He announced the U.S. intention to ease sanctions on sales of aircraft parts and computer and telecommunications equipment to Syria. The Obama Administration is hoping that a diplomatic rapprochement with Syria will help peel Damascus away from its longtime role as Iran's key Arab ally. (Time.com)
Ericsson buys Nortel's CDMA, LTE assets Jul 28, 2009
The Swedish telecommunications equipment provider paid $1. 13 billion to acquire the majority of the operations providing many operators with 3G mobile voice and data technology. (EETimes)
Ericsson buys Nortel wireless units for $1.13 billion Jul 26, 2009
Nortel, a former telecommunications equipment powerhouse, sought bankruptcy protection in January and the auction was planned after the company said it planned to liquidate its business. The deal is subject to approval by relevant authorities. (The Star Online, Malaysia)
Nigeria's U.S. crude export rises by 16 per cent Jul 20, 2009
6 billion, driven by growth in several sectors, including machinery, vehicles and parts, wheat, non-crude oil, aircraft, electrical and telecommunications equipment. In 2008, U.S. import under AGOA was $66. (Guardian News, Nigeria)
Painful, but positive, changes for venture funding Jul 19, 2009
That s also true of technology companies trying to build a new piece of storage or telecommunications equipment, or a major infrastructure company like , which sometimes need to raise $50 million or $100 million to reach profitability, get bought, or go public. Our region has been pretty dependent on those larger, more capital-intensive kinds of companies, says Andonian. (Boston Globe)
OpenSAF Foundation Expands Membership With Software Application Providers Tail-f Systems and IP Infusion Jul 16, 2009
"Tail-f Systems and IP Infusion are well recognized providers of network management and routing platforms to the telecommunications equipment industry," said Alan Meyer, president of the OpenSAF Foundation. "We look forward to Tail-f Systems and IP Infusion contributing to the Foundation, and the industry at large, by expanding the installed base and range of applications that use the OpenSAF high availability middleware.". (PR Newswire)
Harris Stratex adds Morrisville center Jul 14, 2009
Telecommunications equipment company Harris Stratex (Nasdaq: HSTX) builds systems that help carriers connect their core networks to cell phone towers. The company s technology makes the connections wirelessly using microwave signals. (Triangle Business Journal)
China Digital Communication Group Announces 10-for-1 Reverse Stock Split and Ticker Change to CMTP Jul 11, 2009
China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is one of China's leading manufacturers and developers of advanced telecommunications equipment. E'Jenie sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China. (PR Newswire)
$152M tendered in Tyco Electronics offer Jul 9, 2009
The company makes electronic components and undersea telecommunications equipment. Reader Comments. (Philadelphia Business Journal, PA)
A white knight for Nortel? Jul 7, 2009
The Financial Times and several other business news services are reporting that is working to put together a group of investors to take over and recapitalize the Canadian telecommunications equipment maker, which is operating under bankruptcy protection. MatlinPatterson is one of Nortel s biggest creditors, having loaned the company about $400 million a tenth of Nortel s total debt. (Raleigh Triangle Business Journal, NC)
ZTE and Qualcomm Collaborate to Boost UMTS System Performance Jul 6, 2009
SAN DIEGO and SHENZHEN, China, July 5 /PRNewswire-FirstCall/ -- Qualcomm Incorporated (Nasdaq: ), a leading developer and innovator of advanced wireless technologies, products and services, and ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, today announced their collaboration to significantly enhance the capacity and performance of UMTS systems with the integration of Qualcomm's Uplink Interference Cancellation (ULIC) technology into ZTE's... (PR Newswire)
terms of use Jul 5, 2009
any Material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment; or. any Material that harms minors in any way. (KCRA 3, CA)
* Canada urges clemency for citizen Jun 29, 2009
During his visit, Day witnessed the signing of several contracts, including one between Canadian telecommunications equipment manufacturer Nortel and Faisal Specialist Hospital, a leading Saudi healthcare institution. Day, his office said, met with Saudi Minister of Commerce and Industry Abdullah Zainal Alireza, Saudi Human Rights Commission president Bandar bin Mohammed al-Aiban, Jeddah governor Prince Meshaal bin Majed and Saudi Arabian General Investment Authority governor Amr Abdullah... (Taipei Times, Taiwan -- Sports)
House Spekaer DeLeo addresses chamber on tough budget decisions Jun 24, 2009
Other revenue enhancers in the fiscal 2010 budget that have yet to receive as much attention include proposed tax hikes to meals, lodging, alcohol, telecommunications equipment and satellite television. Communities will feel the pain with a 15 percent cut to local aid as one noteworthy spending reduction. (Medford Transcript, MA)
State House Roundup: Joseph Warrens Ghost Jun 24, 2009
5 billion in federal stimulus walking-around money and $984 million in new taxes: sales, meals, hotels, alcohol, satellite TV, and telecommunications equipment. Turns out they will raise taxes during a recession. (Hamilton Wenham Chronicle, MA)
Nortel Networks to break in pieces; sell units to Nokia Siemens Jun 23, 2009
In recent months, there has been widespread speculation that the telecommunications equipment maker would sell off its business units. Nortel (Pink Sheets: NRTLQ) also announced it would apply to delist its shares from the Toronto Stock Exchange. (Triangle Business Journal)
Nokia falls on Nortel news Jun 23, 2009
Investors reacted negatively to the weekends news that Nokia Siemens Networks will spend $650m to buy the core operations of , the Canadian telecommunications equipment manufacturer that is under bankruptcy court protection. EDITORS CHOICE. (FT.com -- Markets)
Nokia Siemens buying Nortel wireless units Jun 21, 2009
The Finnish-German joint venture said Saturday it was buying the LTE and CDMA assets of Nortel, a former telecommunications equipment powerhouse that sought bankruptcy protection in January and now plans to liquidate its business. The deal is subject to court approvals. (The Star Online, Malaysia)
Hewlett-Packard, Alcatel-Lucent strike partnership Jun 19, 2009
makes computers, printers and servers, while Paris-based Alcatel-Lucent supplies networking and telecommunications equipment. The companies said they were working on finalizing their alliance, which would offer one-stop shopping for customers as telecommunications and information-technology, or IT, products converge. (Corvallis Gazette Times, OR)
Outage affects 2100 AEP customers here Jun 19, 2009
The information about what caused the outage wasn t immediately available because of difficulties with telecommunications equipment at AEP.. David Mayne of AEP said the power was restored at 4:35 p.m. June 15 after going down at 2:52 p.m. that day. (Hartford City News-Times, IN)
HP to manage some Alcatel-Lucent work in 10-year alliance Jun 19, 2009
Telecommunications equipment company and on Thursday announced a 10-year global alliance. Paris-based Alcatel-Lucent (NYSE:ALU) and Palo Alto-based HP (NYSE:HPQ) said they will jointly market products that enable end-to-end transformation for service providers and enterprises. (San Jose Business Journal, CA)