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Articles tagged with: Thomson
Nortel 4Q Net Loss Widens - More Job Cuts Planned
TORONTO -(Dow Jones)- Nortel Networks widened its fourth-quarter loss because of increased tax reserves and announced it will cut another 2,100 jobs as part of its turnaround plan as it struggles with a slowdown in spending by its carrier customers, particularly in the U.S. because of that country's struggling economy. more
Related Tags: ethernet, voip, sprint-nextel, rcom, nortel, compete, nortel-networks, sprint, ben, tax, chief-financial-officer, new-york, Canada
Rogers Communications 4Q Adjusted Net Jumps 57% on Stronger Revenue
Canada's Rogers Communications posted double-digit growth in revenue and earnings in the fourth quarter of 13% and 44%, respectively. more
Related Tags: rogers, rogers-communications, Canada
France Tel's Orange, Thomson, Sagem in Joint Venture
PARIS -(Dow Jones)- France Telecom's unit Orange, technologies services company thomson and Sagem Communications Wednesday said they have created a joint venture specializing in middleware equipment for domestic use. more
Related Tags: orange, microsoft, france-telecom, compete, France
Telus Corp. 4Q Net Up 66% on Favorable Tax Adjustment
Favorable tax adjustments and lower financing charges contributed to a 66% improvement in Telus Corp.'s fourth-quarter earnings, while revenue rose 3%. more
Related Tags: telus, tax, vancouver, Canada
Verizon's 4Q Net Up 3.9% Amid Wireless Strength
Verizon Communications's fourth-quarter net income rose 3.9% amid strong growth in its wireless segment. The second-largest U.S. telephone company behind AT&T reported net income of $1.07 billion, or 37 cents a share, compared with $1.03 billion, or 35 cents a share, a year earlier. more
Related Tags: verizon-wireless, USA
AT&T's Earnings Gets Wireless Boost From Apple iPhones
NEW YORK -(Dow Jones)- AT&T's fourth-quarter net income soared, as its booming wireless-phone business and the year-ago acquisition of BellSouth offset some weakness related to a softer economy. The phone giant also reaffirmed its optimistic financial guidance for this year. more
Related Tags: smartphones, landline, USA
Telecoms M&A in Emerging Markets Expected to Remain Hot
LONDON (Dow Jones) -- Telecom deals in emerging markets such as sub-Saharan Africa, Russia and the Middle East are likely to continue apace in 2008, despite the global credit crisis. more
Related Tags: virgin-mobile, citigroup, zain, orascom-telecom, london, hutchison, essar, orascom, hutchison-essar
Virgin Rival Emerges as Major Shareholder in Virgin MVNO Subsidiary
SRM Global, the $3 billion Monaco hedge fund opposing Virgin Group's bid for UK bank Northern Rock, has emerged as a substantial shareholder in Virgin's mobile phone and media subsidiary. more
Related Tags: virgin-mobile, virgin-media, UK
RIM, Palm Earnings to be at Cross-purposes
SAN FRANCISCO (Dow Jones) -- Once again, the fortunes of the only two pure-play makers of smart phones are expected to diverge in this week's earnings reports. more
Related Tags: cisco, citigroup, lg, palm, blackberry, compete, rim
Palm Missteps May Prompt Directors to be More Active
NEW YORK -(Dow Jones)- Palm Inc.'s warning that a key new product will miss out on the holiday shopping season illustrates the string of bungles that has weighed on the smartphone maker. more
Related Tags: ipod, verizon-wireless, smartphones, samsung, lg, palm, blackberry, samsung-electronics, chief-financial-officer