Alcatel-Lucent scaled back its profitability goal for the year, raising new doubts about Chief Executive Ben Verwaayen's ability to turn around the long-struggling telecom equipment maker.
Sprint Nextel Corp said it could use the proceeds from a private debt offer to fund Clearwire Corp, sending shares in the cash-strapped high-speed wireless firm up 8 percent on Friday.
Canadian telecom network equipment maker DragonWave Inc (DWI.TO: Quote)(DRWI.O: Quote) will buy microwave technology business of Nokia Siemens Networks NOKI.UL in a deal potentially worth up to 110 million euros.
India's top mobile phone carrier Bharti Airtel on Friday reported a bigger-than-expected 38 percent fall in fiscal second-quarter profit, its seventh straight quarterly profit drop, hit by higher interest costs and foreign exchange losses.
The Iraq/Afghanistan Wars have been costly, but the United States' longer trend of spending too much on defense and not enough on public goods over two decades could end up costing the economy and the nation far more.
DirecTV's net income boomed in the third quarter after adding on a significant number of subscribers in both Latin America and the United States.
Samsung Galaxy Nexus, which is the first phone running on Google's Android 4.0 Ice Cream Sandwich, is expected to arrive in the United States after Nov. 25, Black Friday. However, some Android smartphone contenders will try their best to spoil the party.
Google recently said it would launch 100 online video channels on YouTube that would feature new original programming from celebrities such as Jay-Z, Madonna, Shaquille O'Neal, and Tony Hawk, a move that would make YouTube a rival to cable and satellite TV channels.
British satellite provider Inmarsat said its LightSquared spectrum sharing agreement boosted revenue in the third quarter as its core shipping business was hit by a shift to lower-revenue broadband terminals.
$100,000 in cherry sales within 30 minutes of advertising on a Chinese TV network
After having been halted by the iPhone 4S reality for some time, the rumor mills have back to the imaginary iPhone 5. Many people believe Apple will launch iPhone 5 in 2012.
The Federal Communications Commission aproved a $4.5 billion subsidy to extend high-speed internet to 18 million Americans.
The release date of iPhone 5 is left hanging in the air while Apple's newest iPhone, the 4S, broke AT&T's sales record on Monday as one million units were sold.
Broadcom Corp warned revenue could fall as much as 13 percent this quarter due to broad- based weakness in demand, even in wireless, where it supplies chips for Apple Inc products such as the iPhone.
Telecom/broadband play CenturyLink Inc. (CTL), formerly known as CenturyTel, boasts 15 million telephone access lines, after acquiring Embarq in 2009 and Qwest Communications in April 2011. Where is its stock headed in 2012?
The federal judge overseeing the U.S. Justice Department’s effort to bar AT&T’s $39 billion takeover of T-Mobile USA handed rival Sprint-Nextel a major defeat.
