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Telecommunications equipment maker Alcatel-Lucent SA saw its net loss widen in the third quarter as European phone companies, its key customers, cut back on spending.
A federal appeals court said Friday that Microsoft Corp. does not have to pay Alcatel-Lucent $358 million for patent infringement because of problems with how the damages were calculated.
Nu Horizons Electronics Corp. said Tuesday that it has been named a master distributor in North America for Alcatel-Lucent telephony and networking solutions.
Alcatel-Lucent surprised its investors Thursday by posting its first profit since the company's creation in a trans-Atlantic merger in 2006, as gains on asset sales helped the telecommunications equipment maker's bottom line.
Alcatel-Lucent's net loss widened in the first quarter as sales of both wireless and wireline communications gear continued to fall in all major markets amid the global economic downturn.
Alcatel-Lucent reported Wednesday a massive euro3.89 billion loss in the fourth quarter after the world's largest provider of network technology for fixed and mobile telecommunications operators took its latest — and largest — charge to write down the value of its assets.
Alcatel-Lucent said Friday it will eliminate another 1,000 white-collar jobs as part of its new chief's plan to return the company to profitability, but shares slumped as investors were hoping for a bolder shift in business strategy.
Alcatel-Lucent SA said Tuesday its recently appointed chief executive Ben Verwaayen will unveil at a conference on Dec. 12 a new strategic plan for the hobbled telecommunication equipment maker.
Alcatel-Lucent reports earnings for the fiscal third quarter on Thursday. The following is a summary of key develoments and analyst opinion related to the period.
Microsoft Corp. does not have to pay $1.5 billion in damages to Alcatel-Lucent SA, a panel of federal appeals judges has ruled in what may be the last word on a long-running digital music patent lawsuit.
At Britain's BT Group, Ben Verwaayen was lauded for transforming the money-losing phone company into a profitable and aggressive leader in broadband Internet access.
Both the chairman and chief executive of French telecommunications giant Alcatel-Lucent will resign later this year, the company said Tuesday, as stagnant demand from operators and the weak dollar continued to undermine the promises of their two-year-old combination.
A federal judge ordered Microsoft Corp. to pay Alcatel-Lucent $511.6 million in damages and interest, letting stand a jury's decision that the software maker infringed on two patents.
Alcatel-Lucent reported a fifth straight quarterly loss on Wednesday and braced investors for a bleak 2008 future, saying the telecommunication equipment market will be flat.
A jury on Friday ordered Microsoft Corp. to pay $367.4 million to Alcatel-Lucent for infringing on two patents, a decision the software maker vowed to appeal.
How wireless carriers treat data traffic, the big growth driver in their industry, may change with a device Alcatel-Lucent announced Monday.
Telecommunication equipment titan Alcatel-Lucent sees global economic woes causing it uncertainty in 2008 after the newly merged company survived a choppy 2007, reporting a fourth-quarter loss Friday and scrapping its dividend for last year.
Alcatel-Lucent SA, struggling since the deal that formed the company, disclosed plans Wednesday to slash another 4,000 jobs and shake up top management as the telecom equipment maker reported a third straight quarterly loss.
Alcatel-Lucent SA plans to slash another 4,000 jobs after the telecomunications equipment maker reported a third-quarter loss of $373 million on Wednesday.
Telecommunications equipment maker Alcatel-Lucent said Wednesday it is slashing another 4,000 jobs to cut costs after reporting a loss of about $373 million for the third quarter.
Record-Setting $1.5B Fine Against Microsoft NixedA federal judge in San Diego shocked Alcatel-Lucent by throwing out its $1.5 billion award against Microsoft for infringement of certain MP3 patents.
Lost Alcatel-Lucent disk holds personal info of undisclosed number of employees, retireesTelecommunications service provider Alcatel-Lucent has sent notifications to employees and retirees about a May 3 data breach.
Bye Bye MP3Alcatel-Lucent isn't the only winner in a federal jury's $1.52 billion patent infringement award against Microsoft this week. Other beneficiaries are the many rivals to the MP3 audio-compression format.
Microsoft faces $1.5bn MP3 payoutMicrosoft must pay French phone equipment firm Alcatel-Lucent $1.52bn (£777m) after a US court ruled the IT giant had infringed audio patents. Alcatel had sued Microsoft, saying two patents related to the standards used for converting audio into MP3 files had been breached.
MP3's Loss, Open Source's GainAlcatel-Lucent isn't the only winner in a federal jury's $1.52 billion patent infringement award against Microsoft this week. Other beneficiaries are the many rivals to the MP3 audio-compression format.
Microsoft ordered to pay $1.5 billion in MP3 patent lawsuitAccording to the Wall Street Journal (subscription required), Microsoft has been ordered by a federal jury in San Diego to pay $1.52 billion to Alcatel-Lucent, for allegedly infringing on their patent technologies related to MP3 compression.
Microsoft hit with $1.52 billion patent suit damages A U.S. federal jury found that Microsoft Corp. infringed audio patents held by Alcatel-Lucent and should pay $1.52 billion in damages, Microsoft said on Thursday.
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