TIM Brazil Picks Ericsson for LTE

TIM Brazil has selected Ericsson to deploy LTE in the states of São Paulo, Minas Gerais, Bahia, Sergipe, Goiás and the Federal District.  Ericsson will supply RBS 6000 base stations.  The contract also includes network rollout services.  Financial terms were not disclosed. The deeal extends the long-standing partnership that together implemented TIM’s 2G and 3G in Brazil.  It also marks Ericsson's fourth  4G/LTE...

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Alcatel-Lucent: Gains in IP and Wireline Offset by Declines in Optics, Wireless

Alcatel-Lucent reported Q3 revenue of Euro 3,599 million, up 1.5% quarter-over-quarter but down 2.8% year-over-year on a reported basis as gains in the IP business were offset by double digit declines in Wireless and in Optics. Gross margin came in at 27.9% of revenue for the quarter, compared to 35.3% in the year ago quarter and 31.7% in the second quarter 2012. There was a reported net loss (group share) of Euro (146) million or Euro (0.06)...

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