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Ericsson said it expects further decline in 5G gear demand from mobile operators this year after beating fourth-quarter operating profit expectations on Tuesday helped by software sales.
Reuters
Germany is determined to remove any systems from its telecoms networks that might pose a security threat, regardless of cost, in a remarkable reversal of the country's stance from just a few years ago.
The Register
China's Huawei said on Thursday it would invest 200 million euros in building a mobile phone network equipment factory in the east of France, pressing ahead with the roll-out despite French curbs on firms using its 5G gear.
Reuters
U.S. rural telecommunications networks, which have relied on inexpensive network equipment from China's Huawei and ZTE, have told the government that it would cost $1.837 billion to replace those switches and routers, the Federal Communications Commission said on Friday.
Reuters
President Donald Trump signed legislation on Thursday to bar telecom carriers from using U.S. subsidies to purchase network equipment from Huawei, ZTE and other companies deemed a national security threat.
Reuters
The United States and Poland believe suppliers of 5G network equipment should be rigorously evaluated for foreign government control, a joint declaration signed on Monday said, as Washington pressures allies to exclude China from 5G networks.
Reuters
Chipmaker Broadcom is nearing a deal to acquire network gear maker Brocade Communications Systems Inc in a deal that could be announced later this week, people familiar with the matter said on Tuesday.
Reuters
Ericsson, which signaled last month that production lines in Sweden weren't exempt from planned job cuts, could deliver the news to employees at factories in Boraas and Kumla as soon as Tuesday, according to broadcaster SVT.
Bloomberg
Mobile telecoms company Ericsson is reportedly planning to close the last of its Swedish manufacturing sites as part of planned savings, cutting about 3,000 jobs and ending 140 years of production in its home country.
The Guardian
Cisco Systems is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company.
Reuters
Nokia is cutting 1,032 jobs in Finland as part of a cost-cutting program following its acquisition of Alcatel-Lucent, the telecom network equipment maker said in a statement on Friday.
Reuters UK
Nokia, which has refashioned itself into a maker of wireless and Internet network equipment, won't make or sell cellphones and tablets directly. Rather, the company said Wednesday that it has entered a series of licensing pacts with Finnish and Asian partners.
Marketwatch.com (Dow Jones)
The US will temporarily lift trade sanctions against ZTE. The Chinese communications company was hit with sanctions earlier this month after the US said the company improperly exported US technology to Iran.
Wall Street Journal
Cisco plans to invest $10 billion in China, although its sales in the country are slumping due in part to persistent security concerns surrounding US technology.
Computerworld
Motorola Solutions is what is left of Motorola, the wireless-communications pioneer which has been dismantled in recent years.
Wall Street Journal
Nokia is considering buying Juniper Networks to merge into its telecommunications network gear business, German's Manager Magazin Online reported, citing unidentified sources.
Reuters
Nokia is expected to show a steep fall in network equipment sales in its results this week, highlighting the challenge facing management after selling its once mighty handset division to Microsoft for EUR5.4 billion (US$7.3 billion).
Reuters
A former CIO and vice president at networking hardware vendor Foundry Networks has been charged with insider trading over the company's acquisition in 2008 by Brocade Communications Systems, the US Department of Justice said.
Computerworld
French telecom vendor Alcatel-Lucent will cut about 1,000 jobs in India as part of its global restructuring effort to cope with dwindling demand for network equipment among telcos in the country.
ZDNet
Cisco Systems plans to eliminate about 1,300 jobs, or 2% of the workforce, as Europe's debt crisis and sluggish corporate spending threaten sales.
Bloomberg
Reports have resurfaced that Cisco is looking to sell its Scientific Atlanta set-top box business.
Computerworld
Traders said they had heard that ZTE had lost a patent lawsuit with Ericsson and had to pay a penalty of EUR500 million (US$640.83 million), although a ZTE executive told Reuters that the outcome of the lawsuit was not out yet.
Reuters
Cisco Systems rose as much as 13% in late trading after profit and sales beat analysts' estimates, the first time in six quarters that the shares gained after results.
Bloomberg
Nokia Siemens Networks will remain under the full ownership of Nokia and Siemens after buyout firms failed to come up with a compelling offer.
Bloomberg
Cisco Systems, the largest networking-equipment company, may cut as many as 10,000 jobs, or about 14% of its workforce, to revive profit growth, according to two people familiar with the plans.
Bloomberg
Cisco is shutting down the consumer-oriented Flip camera business that it bought for US$590 million in 2009. The move will mean the loss of 550 jobs worldwide, cost Cisco US$300 million - and disappoint thousands of users who had enjoyed the devices' simplicity.
The Guardian
ZTE, one of China's largest network equipment and phone suppliers, is set to buy US$3 billion worth of semiconductor components from five US technology vendors. It has signed the purchase agreements with Qualcomm, Texas Instruments, Freescale Semiconductor, Altera and Broadcom.
IDG News Service (via Computerworld)
If true, this would be one very big acquisition.
TechCrunch
Ericsson, the world's largest maker of telecom network equipment, said Friday that an industry-wide shortage of key components had contributed to an 8 percent decline in sales in the second quarter, echoing concerns raised earlier this week by Nokia.
The New York Times
Providing a rare glimpse inside an IC design and R&D center in China, Freescale Semiconductor revealed that it plans to expand its efforts amid booming demand in the nation.
EE Times
The total number of employees in India is projected to rise to 10,000 from about 6,000 currently, Cisco CEO John Chambers said at a conference in New Delhi today, without specifying a timeframe for the expansion.
Business Week
Huawei has spread especially quickly across the developing world and it has benefited from large spending by China's state-owned mobile carriers as they expand their 3G networks.
IDG News Service (via PC World)
Nokia and ST-Ericsson have announced a long-term partnership in the area of TD-SCDMA technology and ICs. As part of the partnership, Nokia will use ST-Ericsson as a supplier of chipsets for its Symbian-based TD-SCDMA portfolio.
EETimes Europe
Indian mobile operators added a record 15.64 million customers in March, helped by the expansion of networks to smaller towns and rural areas, data from the telecoms regulator showed.
Washington Post
Ailing telecom equipment maker Nortel Networks, now operating in bankruptcy protection, said Monday its quarterly loss more than doubled as it booked over $2 billion in noncash writedowns and saw its sales plunge.
CNNMoney
Flextronics, a contract manufacturer that supplies about 75% of Nortel's finished product around the world, warned last week it is working to reduce its exposure to the Toronto-based company after Nortel filed for court protection from creditors.
Reuters