Wireless Asset
33 Stories
WorldCom files for Chapter 11
News WorldCom filed for Chapter 11 bankruptcy protection Sunday after allegations that company had improperly accounted for almost US$4 billion.
AT&T networks almost ready for advanced services
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Bell unveils plans for wireless Web access
News
Nortel CEO said to be leaving soon
News Mike Zafirovski, who led the Toronto company into bankruptcy protection and oversaw the sell-off of wireless assets to Ericsson, will reportedly depart within weeks.
Tags: Mobile/Wireless, Components, Nortel Networks Corp., wireless asset, Cell Phone, bankruptcy, bankruptcy protection, Thomson Reuters Corp., Components, Wireless
Ciena buys Nortel's Metro Ethernet business
News Nortel Networks will sell another piece of its business for US$769 million as part of its bankruptcy proceedings, which require it to dismantle its business.
Tags: Network infrastructure, Ethernet, Nokia Corp., Nortel Networks Corp., CIENA Communications, network, Siemens AG, Wireless, Bankruptcy, Metro Ethernet
Nortel CEO steps down
News Bankrupt Canadian networking company is now without a chief executive, as Mike Zafirovski and most of board of directors have departed.
Tags: Mobile/Wireless, Business Strategies & Functions, Nortel Networks Corp., Bankruptcy, bankruptcy protection, Avaya Inc., CEO, networking company, network, asset
Ericsson to pay US$1.1B for Nortel wireless tech
News Swedish telecom giant beats out Nokia Siemens Networks and a private equity firm, in an auction for the CDMA and LTE wireless tech assets of bankrupt Nortel.
Tags: Data Management, Mobile/Wireless, Networking technology, Nortel Networks Corp., Siemens AG, Telecommunications, Wireless, Bankruptcy, Canada, asset
SkyNetGlobal looks to fund Asian expansion
News Provider of broadband wireless communication services to business travellers SkyNetGlobal, is raising funds for its expansion into Asia.
WorldCom reveals Asian job losses
News Less than two percent of WorldCom Asia-Pacific employees will lose their jobs, according to a company spokesperson.
Shareholders approve Alcatel, Lucent merger
News Both companies get shareholder nod for US$11 billion merger intended to improve efficiencies, competitive muscle.
Tags: Mobile/Wireless, Acquisitions, Mergers
Australian license auction seen generating low bids
News Australia's government may generate less than half the revenue in its sale of high-speed Internet licenses than it could have last year after demand waned, analysts said.
Telstra seeks Asia Mobile partners; no comment on sale to SingTel 
News Telstra Corp, Australia's largest telecommunications company, said it's keen to forge regional mobile phone partnerships, though it wouldn't comment on a report it's in talks with Singapore Telecommunications Ltd.
Australian license auction seen generating low bids
News Australia's government may generate less than half the revenue in its sale of high-speed Internet licenses than it could have last year after demand waned, analysts said.
Asia's U.S. wireless foray
News Asia's wireless operators are looking to the U.S. market, and their experience in mobile data services could pay off stateside.
Tags: Business Strategies & Functions
Bell considers wireless venture in Mexico
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