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Nortel to clamp down on costs, posts large loss
TORONTO (Reuters) - Nortel Networks Corp reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off another 1,300 people as the economic downturn eats away at its business and strains its balancemore
Nortel shares drop 11.4 pct at open on loss
TORONTO, Nov 10 (Reuters) - Nortel Networks shares fell 11 percent on Monday as the company reported a large quarterly loss and outlined plans to cut another 1,300 jobs. Shares of North America's biggest telephone equipment maker dropped 11.4 percent tomore
China, AIG, McDonalds, Nortel Vialoux
U.S. equity index futures are moving higher this morning. S&P 500 Index futures are up 16 points.The focus this morning is on Chinas economic stimulus package announced over the weekend at the G20 finance ministers meeting in Brazil. The Chinese cabinetmore
Nortel to Clamp Down on Costs, Posts Large Loss
TORONTO (Reuters) - Nortel Networks Corp reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off 1,300 another people as the economic downturn eats away at its business and strains its balancemore
Top 10 Broadband Annoyances (And Solutions) Revealed
, As good as broadband is in offering access to the glorious world of the web it can be bloody annoying sometimes. Whether you've been affected by slow speeds, disconnections, fickle and unhelpful ISPs or unreasonable prices you'll have done well ifmore
Hittite Introduces GaAs pHEMT MMIC LNAs For Wireless Broadband
Hittite Microwave Corporation has introduced three new SMT packaged GaAs pHEMT MMIC Low Noise Amplifiers which are ideal for automotive, broadband, cellular/3G, WiMAX/4G and fixed wireless applications from 2.1 to 6 GHz. The HMC715LP3E, HMC716LP3E andmore
Telefonica selects Alcatel-Lucent as Sole Supplier for Multi-Service Voice, Video and Fax Mailbox Solution in Spain
Alcatel-Lucent (EuronextParis and NYSE: ALU) today announced it has been selected by Telefónica as thesole supplier for the service provider to deliver mailbox services in Spainmaking use of a single next generation multi-service platform. In additionmore
Middle East Financial Investment Company implements Cisco technology
Cisco today announced that the Middle East Financial Investment Company (MEFIC), one of the regions premier financial services firms, has selected Cisco to upgrade its backbone network infrastructure. As part of the agreement, MEFIC will deploy anmore
Nortel's response to latest loss seems hesitant
Nortel posted abysmal numbers Monday.The Canadian telecommunications equipment maker said it lost $3.4 billion in the third quarter and announced plans to cut 1,300 jobs and freeze salaries. See related item.The current results include tax provisions andmore
Juniper Targets Data Center With Solutions Play
Fresh off the launch of its first ever enterprise Ethernet switch, Juniper has its sights set on taking over the data center with an infrastructure solutions set the vendor says will reduce complexity and decrease total cost of ownership. The new datamore
Nortel shares drop 11.4 percent at open on loss
Nortel Networks shares fell 11 percent on Monday as the company reported a large quarterly loss and outlined plans to cut another 1,300 jobs. Shares of North America's biggest telephone equipment maker dropped 11.4 percent to C$1.32 at the open on themore
Avaya Announces 0% "Zero Barriers" Financing to Help Enterprises Add Communications Capabilities for Long-Term Growth
Extract not available.more
UPDATE 3-Nortel to clamp down on costs, posts large loss
TORONTO, Nov 10 (Reuters) - Nortel Networks Corp (NT.TO: Quote, Profile, Research)(NT.N: Quote, Profile, Research) reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off another 1,300 people asmore
Nortel shares drop 11.4 percent at open on loss
TORONTO (Reuters) - Nortel Networks shares fell 11 percent on Monday as the company reported a large quarterly loss and outlined plans to cut another 1,300 jobs. Shares of North America's biggest telephone equipment maker dropped 11.4 percent to C$1.32more
Nortel to clamp down on costs, posts large loss
By Wojtek Dabrowski TORONTO (Reuters) - Nortel Networks Corp reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off another 1,300 people as the economic downturn eats away at its business andmore
Nortel to clamp down on costs, posts large loss
By Wojtek Dabrowski TORONTO (Reuters) - Nortel Networks Corp reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off another 1,300 people as the economic downturn eats away at its business andmore
Nortel to clamp down on costs, posts large loss
By Wojtek Dabrowski TORONTO, Nov 10 (Reuters) - Nortel Networks Corp (nyse: NT - news - people ) reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off another 1,300 people as the economicmore
Cisco Solution Brings Open Platform to Public Safety
TMCnet Contributing Editor Cisco Systems Inc.has unveiled solutions that are expected to bring about changes in the field of public safety. These are hard times for public safety administrators. They have to keep a watch on security while coping with amore
Nortel says several executives to leave in 2009
TORONTO, Nov 10 (Reuters) - Nortel Networks (NT.TO: Quote, Profile, Research, Stock Buzz) (NT.N: Quote, Profile, Research, Stock Buzz) said that several senior executives would leave the company in early 2009 as it strives to take all necessary cuts inmore
CHRONOLOGY-Key dates in the history of Nortel
Nov 10 (Reuters) - Nortel Networks Corp (NT.TO: Quote, Profile, Research, Stock Buzz)(NT.N: Quote, Profile, Research, Stock Buzz), North America's biggest maker of telephone equipment, announced sweeping cost cuts on Monday that include another 1,300more
Broadband: State breaks Telstra web grip
AFTER repeated delays and millions of dollars of taxpayer dollars the Tasmanian Government has struck an agreement that will break Telstra's monopoly on the island's $450 million broadband market. The deal will make backhaul available to Telstra'smore
Nortel to clamp down on costs, posts large loss
TORONTO (Reuters) - Nortel Networks Corp reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off another 1,300 people as the economic downturn eats away at its business and strains its balancemore
Nortel Culls 1,300 Jobs, Loses $3.4B
Nortel Networks Ltd. (NYSE/Toronto: NT - message board) announced a significant restructuring plan Monday, including a headcount reduction of 1,300 jobs, in an effort to better address its target markets and find a profitable footing. The revamp of themore
Nortel axes 1,300 jobs, including top executives, as part of a new restructuring program that will cut annual costs by $400 million, and announces a Q3 net loss of $3.4 billion
Nortel Networks Ltd. (NYSE/Toronto: NT - message board) announced a significant restructuring plan Monday, including a headcount reduction of 1,300 jobs, in an effort to better address its target markets and find a profitable footing. The revamp of themore
Nortel to clamp down on costs, posts large loss
TORONTO (Reuters) - Nortel Networks Corp reported a large quarterly loss and announced a round of sweeping cost-cutting on Monday that includes laying off 1,300 another people as the economic downturn eats away at its business and strains its balancemore
can be used in 3G router, too
U727 works great, but many need to provide internet connectivity to more than just computer u727 is attached to... for those folks, this Cradlepoint 3G / Cellular router is very cool: .more
Nortel posts loss, cuts 1,300 jobs
employees.Nortel said the rapid deterioration of the economy pushed it once again to cut its 2008 outlook as telecommunications companies reduce spending on the equipment it makes.The latest job cuts are close to 5% of Nortel's roughly 30,000strongmore
NEWS: Broadband prices come down worldwide
prices down. According to UK analysis firm Point Topic, prices have dropped 20% in less than a year. But there are huge variations in how much people have to pay around the world. Middle Eastern and African countriesare paying a whopping $46 per megabitmore