Financial and Business

09 January 2008 10:41

Another slow year in the mobile trough?

Analysts say Alcatel Lucent has €500 million losses in WCDMA business

Several mobile companies face a tough first quarter to 2008, according to market analysts Credit Suisse, and the fundamentals of the mobile infrastructure market remain weak, with no significant revenue upturn till 2009 at the earliest.

21 December 2007 10:24

NXP Semiconductors to acquire GloNav

NXP Semiconductors, the independent semiconductor company founded by Philips, has announced it will acquire GloNav, a US-based fabless semiconductor company developing single-chip solutions for global positioning systems (GPS) and other satellite navigation systems. NXP will purchase the company for

20 December 2007 11:14

Ericsson acquires HyC Group: Spanish IPTV consultancy and systems integration company

Ericsson has today announced it has acquired HyC Group, a Spanish company in TV consultancy and systems integration with around 110 employees. The acquisition is said to further strengthen Ericsson's position in the services and multimedia domains as

14 December 2007 12:00

Nokia wins initial US ruling in Qualcomm case

A United States International Trade Commission (ITC) judge has issued an Initial Determination in favour of Nokia in an action brought by Qualcomm against Nokia alleging patent infringement.  The judge found no infringement or violation by Nokia of

12 December 2007 10:24

Board changes at Telefonica O2 Europe

Following the recent appointment of Matthew Key as the new Chairman and Chief Executive of Telefónica O2 Europe, the company has now announced further changes to its Board of Directors. Ronan Dunne, who is currently Chief Financial Officer

04 December 2007 14:24

Mobile Devices completes EURO 3.1 Million fund raising

Mobile Devices, a leading provider of technology for telematics, fleet management and navigation applications, has announced the completion of its first round of private investment. The company has raised a total of €3.1 million from Innovacom, the sole

23 November 2007 09:58

First ever fall in European voice revenues

Rate of data growth slows, too 

The European mobile industry suffered its first ever quarter of decline in voice revenues during the third quarter of 2007, according to Credit Suisse (CS) research analysts Justin Funnell and Paul Sydney.