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Telecom firms' spending on network gear seen picking up in 2013
2013-01-24 17:58:03| Telecom - Topix.net
Telecom network operators are expected to increase their spending on equipment this year, giving a boost to vendors like Ericsson and Alcatel-Lucent after economic weakness caused a sharp market contraction in 2012.
Telecom firms' spending on network gear seen picking up in 2013
2013-01-24 09:59:45| Wireless - Topix.net
Telecom network operators are expected to increase their spending on equipment this year, giving a boost to vendors like Ericsson and Alcatel-Lucent after economic weakness caused a sharp market contraction in 2012.
Google pulls in $14.42 billion in fourth quarter, up 36 percent
2013-01-22 22:10:35| CNET News.com
The company hit $50 billion in revenue for the first time in 2012. [Read more]
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Verizon posts Q4 loss on charges, revenues up 5.7%
2013-01-22 17:06:00| Telecompaper Headlines
(Telecompaper) Verizon reported a net loss for the fourth quarter due to one-time pension, debt retirement and restructuring charges, but continued to see solid growth in both mobile and consumer wireline service revenues. The US operator posted a loss of USD 1.48 per share, double the loss of USD 0.71 a year earlier. Adjusted EPS, excluding the one-time items but including costs of 7 cents a share from Superstorm Sandy, totaled 38 cents, down from 52 cents a year ago. Revenues were up 5.7 percent year-on-year to pass USD 30 billion for the first time. Over the full year, capex fell by about USD 70 million to USD 16.2 billion, including USD 135 million for storm-related work, while free cash flow rose by 13.1 percent to USD 15.3 billion. Net debt dropped to USD 52.0 billion, from USD 55.2 billion at the end of 2011.
Nokia Siemens Said to Plan Debt Sale of Up to $1 Billion
2013-01-22 03:59:53| Industrial Machines - Topix.net
Nokia Siemens Networks, the phone- equipment venture of Nokia Oyj and Siemens AG, may sell as much as 750 million euros of bonds to bolster its finances, according to a person familiar with the plans.
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