Mobile broadband demand pushes Ericsson Brazil plant to capacity

Reuters

Strong demand for mobile broadband equipment in Latin America will keep Ericsson's plant in Brazil at full capacity this year, says a senior executive at the telecom equipment manufacturer.

Mobile phone operators in Brazil are scrambling to improve their networks after heavy scrutiny from regulators because of poor service and a lack of investment in mobile infrastructure in recent years. The problems came despite a ballooning client base in Latin America's biggest economy.

Huawei tones down long-term expansion target for enterprise sales

Reuters

Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, toned down its long-term target for networking equipment sales to enterprises, saying a prior figure was too optimistic.

Eric Xu, Huawei (Shenzhen, China) executive vice president and one of its rotating CEOs, also voiced frustration with security issues that are thwarting the Chinese company in the key U.S. telecoms equipment market.

China's ZTE says it basically dropped Iran business

Reuters

ZTE Corp, China's second-largest telecoms equipment maker, has essentially stopped doing business in Iran after a U.S. investigation into alleged sales of embargoed equipment, the company's chairman told Reuters on Thursday.

ZTE (Shenzhen, China) said in March 2012 that it would curtail business in Iran following a report by Reuters that it sold Iran's largest telecoms firm a powerful surveillance system capable of monitoring telephone and Internet communications. The company is now facing a U.S. criminal investigation over the issue.

EU trade chief seeks backing to investigate China's Huawei, ZTE: diplomats

Reuters

The European Union's trade chief will seek the backing of EU states to investigate Chinese telecoms equipment makers Huawei and ZTE, even without a complaint from European manufacturers, EU diplomats said on Tuesday.

The European Commission, the EU's executive body, has been collecting evidence to prepare a possible case against Huawei (Shenzhen, China) and ZTE (Shenzhen, China) over state subsidies it says allows the companies to undercut European firms.

Netgear estimates profit below analyst expectations

Reuters

Network equipment maker Netgear Inc estimated first-quarter revenue and earnings below analysts' expectations, citing lower-than-planned shipments of its new network attached storage product.

Shares of Netgear (San Jose, CA, USA) fell as much as 8 percent in trading after the bell. They closed at $30.88 on the Nasdaq on Monday.

"The late introduction (of ReadyNAS) was not expected to have such an impact on revenue in the quarter," BWS Financial analyst Hamed Khorsand told Reuters.

Italy's Wind to invest $1.3 billion in network with Huawei

Reuters

Italian mobile phone operator Wind is to spend $1.3 billion on building a fourth-generation (4G) mobile broadband network to step up competition to rivals Telecom Italia and Vodafone.

The investment will use technology from Italy's Sirti (Milan, Italy) and Huawei Technologies (Shenzhen, China) , the firms said in a statement on Friday, giving a boost to the Chinese telecoms equipment maker as it battles for work on 4G networks across Europe.

TC3 2013: Telecom Council Carrier Connections

Date
Start Date: 
Wednesday, September 18, 2013
End Date: 
Thursday, September 19, 2013

Sunnyvale, CA:

Join 300+ of telecom's top decision makers for our annual 2-day Summit - the premier telecom innovation event of the year - which highlights the relationship between the companies building communication networks, with the people and ideas that are creating it. Participants will review 40+ new innovations, award 8 outstanding new startups, connect with 300+ contributing executives, and hear directly from 20 global carriers, how their innovation programs work.

DragonWave cuts 33 pct jobs, amends deal with Nokia Siemens

Reuters

Telecom network equipment maker DragonWave Inc said it cut 33 percent of its senior management jobs and amended its deal with Nokia Siemens Networks to reduce operating costs.

Cash-strapped DragonWave (Ottawa, Canada), which has been trying to reduce costs since it acquired Nokia Siemens's microwave technology business last June, said last month that it would cut costs further but did not specify what the measures were.

The company cut 116 jobs in Ottawa and Israel in 2012.

Ericsson says to buy Microsoft IPTV business

Reuters

Telecom equipment maker Ericsson said on Monday it had struck a deal to buy Microsoft Corp's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet.

Ericsson (Stockholm, Sweden) said in a statement the deal would make the company, the world's biggest mobile networks maker, the leading provider of IPTV.

Huawei forecasts sales growth of 10% in 2013

Chinese equipment maker Huawei expects its revenues to grow at a compound annual rate of 10% over the next five years, despite the current slowdown in the equipment market and its difficulties in the US.

Huawei (Shenzhen, China) provided the forecast after reporting that net profit for 2012 was 32% higher than for 2011, at RMB15.4 billion ($2.48 billion), with revenues up 9%, to RMB220.2 billion.

“In 2012, Huawei met business performance expectations through improved operational efficiency,” said Guo Ping, Huawei’s rotating and acting chief executive.

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