France backed away from legislation to make Internet companies including Google pay for the burden they place on telecommunications networks, opting instead to ask a commission to study the controversial issue.
Fleur Pellerin, junior minister for the digital economy, said the government would ask the National Digital Council, a panel of tech experts and entrepreneurs, to evaluate whether a law was needed and how it might work.
Telecom equipment maker Alcatel-Lucent SA has won an eight-year contract valued at more than $1 billion to manage Reliance Communications Ltd's mobile and fixed networks in the east and south of India.
The network outsourcing contract, intended to cut costs for India's No. 3 carrier, builds on a previous joint venture between Alcatel (Paris, France) and Reliance Communications (Mumbai, India) under which the gear maker managed the nationwide mobile network in a five-year $750 million deal.
An Ontario Superior Court on Monday dismissed fraud charges against former Nortel Networks Chief Executive Frank Dunn and two other top executives of the failed telecom equipment supplier after a year-long trial involving one of the most spectacular casualties of the 1990's dot-com bubble.
Dunn, along with former Chief Financial Officer Douglas Beatty and former Controller Michael Gollogly, had been accused of misrepresenting Nortel's financial results between 2000 and 2004 in a plan that prosecutors alleged brought them bonus payments while defrauding investors.
Nortel Networks was once the largest telecommunication equipment company in North America, but since it filed for bankruptcy in 2009 it has earned a new label: one of the world's most complicated legal proceedings.
Bondholders, suppliers, governments and former employees from around the globe hold $20 billion in claims based on different insolvency laws and are competing for Nortel's last remaining asset - $9 billion in cash.
East Carolina University (ECU) has filed a lawsuit against Cisco Systems Inc over the use of its registered trademark "Tomorrow Starts Here", which is central to the network equipment company's new marketing campaign.
The U.S. university said on Friday that it is seeking damages for unauthorized use of the trademark, which it said is "a university-wide brand that represents an overlapping field of goods and services when compared with that of Cisco".
China's Huawei Technologies Co Ltd, the world's No.2 telecom equipment maker, expects a 2012 profit gain after reporting a sharp drop a year ago, thanks to new projects and increased sales in high-end mobile phone markets such as Japan.
Net profit is expected to be around $2.4 billion, rotating and acting Chief Executive Officer Guo Ping said in a New Year message to employees on Friday. That would be a rise of 29 percent from 11.6 billion yuan ($1.86 billion) in 2011, based on his forecast.
A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator in late 2010, documents show.
German-Finnish equipment vendor Nokia Siemens Networks (NSN) has merged its operating units in the Middle East and Africa to provide a more “integrated” service to large operator clients across the region.
Igor Leprince, who was previously head of the company’s Middle East business, has taken charge of the new MEA unit.
In turn, that will form a part of the Asia, Middle East and Africa (AMEA) cluster led by executive board member Ashish Chowdhary.
Cogeco Cable Inc, the main unit of media and telecom company Cogeco Inc, will buy Peer 1 Network Enterprises Inc for about C$526 million ($532 million) to expand its cloud computing and data hosting business.
Cogeco Cable (Montreal, Canada), which provides cable-TV, high-speed internet and telephone services, has been looking to increase its presence in the fast-growing data-center business due to tough competition in signing up new television customers in Canada.
Ericsson is taking a $1.2 billion charge in a bid to write off its exposure to ST-Ericsson, adding to doubts over the future of the loss-making joint venture after partner STMicroelectronics said it was pulling out.
Ericsson (Stockholm, Sweden), the world's biggest equipment maker for mobile telecom networks, said on Thursday it would take the 8 billion Swedish crown hit in its fiscal fourth quarter in a move set to plunge it into a net loss for the three month period.