| News for telecom industry leaders |  |
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- NSN ponders layoffs, other cuts to save $1.5B
Nokia Siemens Networks cited the lingering economic stagnation and tougher competition as it outlined plans to possibly cut its workforce up to 9%, trim its number of business divisions from five to three and seek additional cuts aimed at saving the equipment maker up to $1.5 billion. Some telecom-equipment makers have continued to suffer in areas where carriers have not returned to their pre-recession spending habits. The Wall Street Journal
(11/3)
, Reuters
(11/3)
      
| Business & Industry Watch |  | |
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- Frontier sees profit uptick in quarter, but growth slows
Frontier Communications reported a profit of $52.7 million in the third quarter, almost double the previous period and 12% greater than a year earlier. The telecom, which is buying Verizon Communications' rural access business in 14 states, experienced slower growth in data and video, adding 7,521 data customers and 7,182 video subscribers during the period. OneTRAK
(11/3)
- Sprint joins rivals in netbooks, brings WiMAX to more cities
Sprint Nextel has partnered with Dell to enter the mini-laptop market, the carrier said Monday, in a move that mirrors steps taken by rivals Verizon Wireless and AT&T as telecoms aim to branch out. Sprint will sell the Dell Inspiron Mini 10 netbook, which will run on its EV-DO Rev. A network and cost $200 under a two-year package that starts at $60 a month. In an expected move, Sprint also expanded its WiMAX network as part of its Clearwire partnership with 4G services rolling out in 10 new cities, including Chicago, Dallas and parts of North Carolina. The Wall Street Journal/Digits blog
(11/2)
, Network World
(11/2)
, CEDMagazine.com
(11/2)
 | USTelecom Spotlight |
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- SureWest puts fiber and copper to work with Mediaroom
SureWest Communications is marketing an IPTV service based on Microsoft's Mediaroom platform, which runs over the independent carrier's fiber and copper-based networks. The Sacramento, Calif., telecom will reach an additional 25,000 customers with its video service under the dual-network strategy. Cable Digital News
(11/3)
| Technology Trends | | |
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- In blog post, Cisco issues warning to Tandberg
A few days after a Bloomberg News report that Cisco Systems may drop its pursuit of Tandberg because of the resistance of a minority-shareholder group, a top Cisco official wrote that the company is prepared to walk away from its $3 billion offer, saying, "The bottom line is that Cisco will always act with fiscal prudence." Chief Strategy Officer Ned Hooper maintained that the offer was a fair one, and he outlined the risks and costs Cisco would bear under the deal. CIO.com/IDG News Service
(11/2)
, The Register (U.K.)
(11/3)
- Security, business intelligence top IT concerns
SWC Technology Partners says a recent survey showed security and business intelligence were the biggest priorities for IT managers at medium-sized firms. SWC says the survey of 170 IT workers in the Midwest also emphasized the importance on storage, networks and the Web. eWEEK.com
(11/2)
| IP Download | | |
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- CENX goes above ground, led by MEF founder Chen
Ethernet-services handler CENX made its public bow today under the leadership of Nan Chen, the founder of the Metro Ethernet Forum. CENX -- Carrier Ethernet Neutral Exchange -- will compete against Equinix in connecting carrier Ethernet services across networks. Telephony Online
(11/3)
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