Network equipment maker Tellabs Inc reported lower-than-expected fourth-quarter revenue, and said it will cut 530 jobs to reduce costs and take a related charge in the first quarter. Another network equipment maker, Nokia Siemens Networks, said it was talking to labor unions in Germany and Finland about cutting more than 4,000 jobs, part of a restructuring program that aims to cut nearly a quarter of its workforce.
France's telecom regulator will carry out an inspection of the network of mobile operator Iliad, in a bid to address accusations levied by its competitors that the new entrant's infrastructure was not operational.
Since Iliad (Paris), which markets its services under the brand name Free, launched its new ultra low cost mobile offers three weeks ago, it has faced criticism from rivals that its network was not up to scratch and its customer service poor.
On Monday, MetroPCS Communications, Inc., the fifth largest broadband mobile wireless carrier in the United States based on number of subscribers, announced it has signed a four-year agreement with telecom equipment maker Ericsson to provide microwave backhaul equipment for its broadband mobile networks. Financial terms of the transaction were not disclosed.
The two largest telecom operators in the United States posted their quarterly results for the fourth quarter of 2011. Both AT&T and Verizon posted quarterly losses in the fourth quarter, in part due to noncash pension-related charges as well as heavily subsidized smartphones such as Apple’s iPhone. AT&T posted a rather large loss due to its
Telecom equipment maker Ericsson missed fourth-quarter profit forecasts, hit by lower demand from the United States and Russia, and said weak margins and cautiousness from its operator clients would continue in the short term. The company posted a fourth quarter net profit of $222 million, down 66% from $651 million in the year-ago quarter and down 61% from last quarter.
Telecom equipment maker Huawei on Wednesday announced the acquisition of the Center for Integrated Photonics Ltd (CIP), a photonics research laboratory, from the East of England Development Agency (EEDA).
EXFO Inc. announced on Thursday the addition of burst testing functionalities to its Ethernet field-testing instruments.
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Verizon Wireless will only be adding LTE-capable smartphones to its list of devices moving forward, as the mobile operator builds support for its next generation network.
Verizon’s LTE network is currently the largest LTE network in the U.S., covering more than 200 million people in 190 markets. But since its launch in 2010 the network has experienced three major outages, all within the same month. Verizon (New York) referred to these outages as “growing pains.”
France Telecom will not match the low-cost mobile offers recently launched by new operator Iliad because such aggressive pricing would be bad for network quality and innovation in the long-run, said its chief executive.
France Telecom's (Paris) Chief Executive, Stephane Richard, criticized a race to the bottom on mobile prices and attacked what he cast as his competitor's reckless approach.