Nokia Siemens Networks bid for Nortel Networks

Nokia Siemens Networks bid for Nortel Networks

Nokia Siemens Networks has stated they will raise their bid for Nortel Networks Corp’s wireless unit if others place higher bids ahead of a court supervised auction due next week, reports the financial post. Nokia Siemens Networks has also intimated that they may be further interested in acquiring more of bankrupt Nortel Networks Corp’s remaining […]

Sprint Nextel Ericsson Network Deal: seven-year agreement worth $5-billion

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The latest news comes from Sprint Nextel where they announced last week that they will be transferring operations of its networks to Ericsson the Swedish telecommunications equipment maker. This new seven-year agreement has been valued at around $5 billion which is a staggering amount and a free substantial amount of that money will be used […]

Raised taxes of 14-percent on mobile phones squashed by EU

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There has been recent legislation in the EU which could have seen mobile phones reclassified as “multi functional devices” and would have raised taxes by a staggering 14%, the delightful news is that this was only proposed and this has not happened. Mobiles being shipped with TV receivers would have also received an increase of […]

Company Predicts 1 Billion Fewer Phones Sold Due to Economic Downturn

Company Predicts 1 Billion Fewer Phones Sold Due to Economic Downturn

A new report from Research Company, Informa Telecoms and Media indicated that there will be one billion fewer mobile phones sold over the next 5 years due to the financial downturn reports mobileburn. Informa Telecoms and Media adjusted their forecast downwards by 14% from last year due to the slowdown in global economy. Informa says […]

Apple vs. RIMM: Tek Stock investment battle

Apple vs. RIMM: Tek Stock investment battle

Apparently marketoracle believes that the relationship between BlackBerry maker Research In Motion Ltd and iPhone 3GS maker Apple Inc is changing due to “pair trading” or “trading pairs.” Trading pairs means you purchase one market whilst going short in another market in the same sector. Apparently RIM and Apple are battling it out as of […]

Wolfson Microelectronics gain ex-Nokia Vice President

Wolfson Microelectronics gain ex-Nokia Vice President

A leading supplier of mixed-signal semiconductors for consumer electronic products, Wolfson Microelectronics plc, has announced that former Nokia VP of SOSCO business, Andy Brannan has been appointed as Chief Commercial Officer as of today reports businesswire. Chief Executive Officer of Wolfson, Mike Hickey, has said: Wolfson is delighted we have recruited someone of Andy’s calibre […]

AT&T exclusivity iPhone being looked at by US Government

AT&T exclusivity iPhone being looked at by US Government

According to an article over on theiphoneblog the US Senate is looking into mobile phone exclusivity deals such as the one between AT&T and Apple for the iPhone. The US Senate’s Committee on Commerce, Science and Transportation is looking into how these exclusivity deals balance with technology innovation, consumer competition, business freedoms, and any effect […]

U.S Market Wrap: Palm Pre is up on a high with shares

U.S Market Wrap: Palm Pre is up on a high with shares

On Friday, US Markets closed mostly lower as the Dow and S&P 500 marked a 2nd week of losses. However, Nasdaq gained due partly to the strong demand for the Palm Pre; reports finnewsnetwork. The S&P500 Index fell one point to 919; the Dow Jones industrial average dropped 34 points to 8,438, while NASDAQ rose […]

BlackBerry Maker Research in Motion (RIM) Q1 Earnings on the rise

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BlackBerry maker Research in Motion (RIM) seems to be doing pretty well at the moment with its Q1 Earnings on the rise. RIM’s first quarter revenue has risen (jumped) by 53 percent to $3.42 billion which has been helped by the staggering sales of smartphones. The net income rose 33 percent to $643 million which […]

Apple and Intel Share market in Chip market

Apple and Intel Share market in Chip market

Apparently, Apple and Intel are investing a large sum of cash into a company in the United Kingdom that designs chips which are becoming attractive to mobile phone makers within the mobile arena, reports theregister. The company, Imagination Technologies has announced that Apple has now purchased 2.2 million of the company’s shares in addition to […]