NEC said its net loss for the year ended March 31 would widen from ¥290 billion ($2.94 billion) to ¥297 billion. The company said it was a result of restructuring expenses and the decline in value in investments.
BT is planning to cut its dividend for the first time in seven years, a result of the losses sustained by its global enterprise unit, FT.com reported.
Hutchison's Hong Kong telecom spinoff has commenced trading, opening to HK$4.57 in after-hours trading.
Tata Comm has partnered with Russian operator RTCom to provide joint data services worldwide.
Telecom Italia has denied reports it is considering merging with Spanish operator Telefonica.
Intel and Novell have teamed up to encourage manufacturers to adopt Linux-based open source mobile platform Moblin.
US operator Leap Wireless's Q1 net loss grew to $47.4 million, up from $16.9 million a year ago.