Ericsson AB and ZTE Corp. are among phone-equipment makers that will be buffered against the global recession next year by expansion of wireless networks in India and China, according to industry executives.
“Every industry in the world is cutting, but here is one where you are seeing the commitment to see the spending continue,” said Craig [...]
China took another step toward its long-cherished goal of operating high-speed telecom services, with China Mobile dishing out over $4 billion of deals and smaller rival Unicom hoping to win a 3G license soon.
But analysts continued to warn that while the billions of dollars need to be invested under an ambitious government-orchestrated plan, carriers and [...]
China Mobile Ltd, the world’s biggest phone company by market value, will be “rational” and not “aggressive” in making overseas acquisitions, Chairman Wang Jianzhou said.
Emerging-market phone asset prices are “inexpensive”, providing little incentive for owners to sell, Wang told reporters in Macao yesterday. The Beijing-based company doesn’t have an acquisition target at present, he said.
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In the midst of economic and market uncertainty, there are some companies that are still experiencing growth and hiring new employees, yet there are others that are feeling the strain and are making cuts in an effort to stay above water.
The telecommunications industry is not immune to the pressures of the economy and many are [...]
The latest flurry of turnaround plans for Motorola is being met with about as much enthusiasm as previous attempts to revive the company’s foundering mobile-phone business: not much.
During an Oct. 30 conference call discussing the third-quarter results that included falling sales and a wider loss, Motorola (MOT) co-CEO Sanjay Jha outlined plans to reduce costs, [...]
Nokia Siemens and Ericsson may play prime roles in expanding China’s 3G network.
According to a story in the South China Morning Post, China Mobile soon will announce the winners of its $4.4 billion network tender, and the two companies are expected to receive 10% of the contract each.
“Mainland equipment vendors seem to need foreign research and [...]
