Qualcomm dominates the thin modem market and now Ericsson, like Broadcom before it, is pulling out. Around a third of the employees in that unit will be reallocated to radio network… Read more »
A private equity firm will pick up the optical business for an undisclosed amount, relieving NSN of one its last remaining ties to wireline networking. NSN’s focus on 4G appears to… Read more »
TeliaSonera’s revenues and subscriber base aren’t budging, but the Nordic carrier claims its costs are skyrocketing. In an effort to realign its business with new mobile data realities, the carrier said… Read more »
Faced with increasing pressure from its telecom vendor rivals as well as the poor economy, Alcatel-Lucent is cutting its workforce by 7 percent. In order to generate revenue, the vendor is… Read more »
In an effort to cut costs, Viacom (S VIA) announced today that it will be restructuring its organization, resulting in layoffs of 7 percent, or 850 positions that will be implemented… Read more »