Alcatel-Lucent's Q3 Revenue Slips to Euro 3,797 million

Alcatel-Lucent reported a disappointing Q3 with overall revenue decreasing 6.8% year-over-year and 2.7% sequentially to Euro 3,797 million. At constant currency exchange rates and perimeter, revenue decreased 0.7% year-over-year and decreased 3.8% sequentially. Reported net income (group share) was Euro 194 million or Euro 0.08 per share. Some key trends for the period:Sales were strong in North America with a year-over-year increase of 10%, and...

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AT&T Sees T-Mobile Deal Closing in Q2 2012

AT&T pushed back the expected timeline for its closing its acquisition of T-Mobile USA. In an SEC filing, the company said it expects the deal to close in Q2 2012. The deal was first announced on 31-March-2011. http://www.att....

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United Airlines to Equip Aircraft with Wi-Fi from Panasonic

The entire United Continental mainline aircraft fleet will be equipped with Wi-Fi by 2015. United Continental has selected Panasonic Avionics Corporation to provide Wi-Fi connectivity on more than 300 United Airlines and Continental Airlines mainline aircraft beginning in mid-2012. The airline expects to install the Panasonic system on Airbus 319 and 320 and Boeing 747, 757, 767, 777 and 787 aircraft. Customers will be able to use their wireless devices such as laptops, smart phones and tablets onboard those aircraft to connect with internet...

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Sprint Moves Ahead with $4 Billion in Financing

Sprint moved ahead with the pricing of its previously announced offering of $1 billion of 1.5% notes due 2021 and $3 billion aggregate principal amount of 9% guaranteed notes due 2018.Sprint said it will use the funds for general corporate purposes, which may include, among other things, redemptions or service requirements of outstanding debt, network expansion and modernization and potential funding of Clearwire. http://www.sprint....

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Alcatel-Lucent's Q3 Revenue Slips to Euro 3,797 million

Alcatel-Lucent reported a disappointing Q3 with overall revenue decreasing 6.8% year-over-year and 2.7% sequentially to Euro 3,797 million. At constant currency exchange rates and perimeter, revenue decreased 0.7% year-over-year and decreased 3.8% sequentially. Reported net income (group share) was Euro 194 million or Euro 0.08 per share. Some key trends for the period:Sales were strong in North America with a year-over-year increase of 10%, and...

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AT&T Sees T-Mobile Deal Closing in Q2 2012

AT&T pushed back the expected timeline for its closing its acquisition of T-Mobile USA. In an SEC filing, the company said it expects the deal to close in Q2 2012. The deal was first announced on 31-March-2011. http://www.att....

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United Airlines to Equip Aircraft with Wi-Fi from Panasonic

The entire United Continental mainline aircraft fleet will be equipped with Wi-Fi by 2015. United Continental has selected Panasonic Avionics Corporation to provide Wi-Fi connectivity on more than 300 United Airlines and Continental Airlines mainline aircraft beginning in mid-2012. The airline expects to install the Panasonic system on Airbus 319 and 320 and Boeing 747, 757, 767, 777 and 787 aircraft. Customers will be able to use their wireless devices such as laptops, smart phones and tablets onboard those aircraft to connect with internet...

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Sprint Moves Ahead with $4 Billion in Financing

Sprint moved ahead with the pricing of its previously announced offering of $1 billion of 1.5% notes due 2021 and $3 billion aggregate principal amount of 9% guaranteed notes due 2018.Sprint said it will use the funds for general corporate purposes, which may include, among other things, redemptions or service requirements of outstanding debt, network expansion and modernization and potential funding of Clearwire. http://www.sprint....

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DragonWave Opens New Doors with Acquisition of NSN's Microwave Transport Business

DragonWave announced a transformative deal to acquire Nokia Siemens Networks' microwave transport business, including its associated operational support systems (OSS) and related support functions, in a transaction potentially worth up to EUR 110 million. The deal provides DragonWave with an existing microwave transport business serving many top carriers worldwide, a more extensive product portfolio, an on-going agreement under which its will...

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NTT Com's Transpacific Cable Sees 100G Upgrade in 2013

NTT Communications confirmed that it will deploy 100 Gbps coherent transmission technology in its PC-1 transpacific submarine cable system by the middle of 2013. The upgrade will boost the PC-1's transmission capacity to 10 terabits per second (Tbps), more than triple its current capacity of 3.2 Tbps. "Our subsea cable system PC-1 is an important international communications for the United States and Japan as proven during the March 11 disaster....

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