It was almost a complete wipeout for Verizon’s network business in North America and China as Alcatel-Lucent, Ericsson, and Nokia Siemens stole the show.
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Carrier makes earnings gains but subscriber growth and market saturation slow.
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The carrier’s modem that does both 3G and WiMAX will appeal to a small segment of the business market and do little to stave off the onslaught of LTE, analyst says.
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Paris-based company says it will trim 1,000 managers, 5,000 contractors, and cut costs related to its massive legacy business.
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Company says cuts are pre-emptive, but WiMAX faces a two-year window so an extended downturn could spell trouble.
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Credit crunch will postpone U.S. carrier plans to build new networks friendly to European phone makers while Apple, RIM, and even Motorola are at the border.
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Alliance--which includes Cisco, Alcatel-Lucent, Samsung, Sprint Nextel, and Clearwire--aims to cap costs.
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The two U.S. mobile carriers would join to become No. 1 as the financial climate and Verizon’s recent spectrum purchase bring the long courtship to an end.
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Wall Street analysts say the struggling wireless carrier’s Clearwire move places it just a Deutsche Telekom acquisition away from the top of the mobile heap.
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Buying Sprint would vault the German giant into the top U.S. mobile carrier spot, but will its backers approve?
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Verizon CEO Ivan Seidenberg says his company's purchases will result in a "transformative opportunity."
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Comcast and Time Warner Cable are testing the waters for a joint venture with Sprint and Clearwire that may not solve cable's long-term problems.
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ABI Research suggests the window of opportunity for WiMAX could be coming to a close.
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CDMA's poster child plans to commit to wireless broadband technology known as Long Term Evolution, which offers global compatibility with its partner Vodafone.
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