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Articles tagged with: Thomson and Sprint
Ciena 3Q Net Falls 59%; Warns of Further Weak Orders
NEW YORK -(Dow Jones)- Ciena Corp. warned of weaker orders for telecommunications gear in the coming quarters, sparking fear of broader weakness in technology. more
Related Tags: cisco, sprint-nextel, cisco-systems, nextel, ciena
EARNINGS PREVIEW: US Telecoms Expect Strong Wireless Qtr
TAKING THE PULSE: The wireless business continues to hum for the U.S. telecommunications companies, but signs of competitive pressure are beginning to creep in. Wireless continues to be driven by smartphone sales and the adoption of pricier service plans, offsetting the deteriorating wireline business. AT&T remains at the forefront but eventually will lose its leadership position in wireless once Verizon Communications completes its acquisition of Alltel. Smaller companies, meanwhile, are scrambling to catch up, with prepaid wireless reseller Virgin Mobile USA acquiring niche player Helio. The landline business, meanwhile, continues to deteriorate as a result of economic pressures and alternative lines of communications. more
Related Tags: samsung, cisco, sprint-nextel, virgin-mobile, verizon, alltel, lg, virgin-mobile-usa, touchscreen, landline, verizon-communications, lg-electronics, satellite, nextel, USA
Palm Swings to 4Q Loss Amid Restructuring, Misses View
Palm swung to a fiscal fourth-quarter loss on declining revenue as it works to revitalize its line of smartphone and wireless devices. more
Related Tags: windows-mobile, verizon-wireless, verizon, apple, palm, blackberry, compete, jon-rubinstein
UPDATE: Sprint 1Q Loss Widens on Subscriber Losses
(Updates information on Clearwire and IPCS lawsuit in the 18th paragraph and analyst comments in the 10th and 14th paragraphs.) more
Related Tags: wi-fi, semiconductor, clearwire, sprint-nextel, verizon-wireless, verizon, apple, blackberry, ipcs, 3, nextel, dan-hesse, USA
Sprint Nextel 1Q Loss Widens to $505 Million from $211 Million
NEW YORK -(Dow Jones)- Sprint Nextel reported a wider first-quarter loss as its most valuable subscribers - those who sign long-term contracts - continue to defect, but Chief Executive Dan Hesse indicated things were slowly turning around. more
Related Tags: wi-fi, sprint-nextel, verizon-wireless, verizon, blackberry, nextel, dan-hesse, USA
US Cellular 4Q Net Drops 46% on Sprint Nextel Spectrum Deal
US Cellular's fourth-quarter net income dropped 46% to $29.2 million, or 33 cents a share, from $54.1 million, or 61 cents a share, a year earlier, due to a loss related to a spectrum exchange deal made with Sprint Nextel. more
Related Tags: prepay, sprint-nextel, u.s.-cellular, chicago, USA
Sprint Nextel Loses Nearly $30 Billion in Q4
NEW YORK -(Dow Jones)- Sprint Nextel posted a dramatic $29.5 billion fourth-quarter loss even as it unveiled an unlimited wireless plan in a bid to stem the flood of subscriber defections. more
Related Tags: deutsche-telekom, t-mobile-usa, t-mobile-usa, text-messaging, clearwire, sprint-nextel, gps, verizon-wireless, reliance, nextel, dan-hesse, retail-stores, USA
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, ben, tax, chief-financial-officer, new-york, Canada