Latest Headlines

Latest Headlines

Report: Federal stimulus to jolt wireless industry

The wireless communications sector will score a major boost from the $6.8 billion worth of investments during the next two years thanks to the federal economic stimulus, according to a new report by

Huawei seeks $30B in deals in 2009

Huawei expects to close infrastructure deals worth up to $30 billion in 2009, despite common predictions that the fixed-line and mobile infrastructure markets will decline during the year. The

Nokia says "no" to vendor financing

Nokia has said that it will not be offering vendor financing to aid customers hurt by the downturn in the economy. "I'm not a bank," Nokia CFO Rick Simonson said Thursday during the company's

SBA to buy TowerCo assets for $193.5M

SBA Communications agreed to buy up to 430 wireless towers from TowerCo for $193.5 million in a deal that is expected to close by the end of May. The companies have yet to work out the specific

Texas Instruments lowers profit forecast

Texas Instruments lowered its range of expected profits for the first quarter of 2008 to between 41 cents and 45 cents a share, which is 3 cents lower than its previous forecast from January.

Ericsson: WiFi hotspots on the way out

Are the mobile vendor giants of the world back to bashing WiFi? At the European Computer Audit, Control and Security Conference in Stockholm, Sweden, Johan Bergendahl of Ericsson said the WiFi

Chinese vendors strike fear

Thanks to the heavy competition coming from Chinese vendors the infrastructure business is a low-margin business. Indeed, Huawei and ZTE are striking fear in the likes of Ericsson, which partly

Ericsson: Mobile infrastructure market is"flattish"

Ericsson reported $886.7 million in net profits, marking a 42 percent decline during the fourth quarter of last year. While analysts expected the decline in net profits, the company surprised the

Atheros buys u-Nav for $54M

Following up on Broadcom's acquisition of Global Locate earlier this year, WiFi chipmaker

Motorola's ex-CTO becomes Cisco's CTO

That was quick. Padmasree Warrior, who just resigned as EVP and CTO of Motorola yesterday,