All Posts Tagged With: "ERIC"
(NVTL) Novatel Analyst Downgrades Stock to Underperform
We downgrade our recommendation for Novatel Wireless Inc. (NVTL) to underperform following its fourth quarter 2009 financial results, which came significantly below the Zacks Consensus Estimate. Unfavorable product mix has taken a toll on the company’s gross margin. Quarterly...
10Mar2010 | vitalstocks | 0 comments | Continued(VZ) Verizon Wireless Speeds up 4G Long-Term Evolution Broadband
US wireless kingpin Verizon (VZ) has reported that the field testing of its 4G Long-Term Evolution (LTE) wireless broadband network in Boston and Seattle have demonstrated encouraging throughput levels. These two cities are expected to be the initial markets where 4G LTE services...
9Mar2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications’ Quarterly Report Exceeds Expectations
Leading unlimited wireless carrier MetroPCS Communications (PCS) reported better-than-expected fourth-quarter 2009 results with earnings per share (EPS) of 9 cents, exceeding the Zacks Consensus Estimate of 6 cents as well as the prior-year quarter EPS of 4 cents. Net income...
28Feb2010 | vitalstocks | 0 comments | Continued(NVTL) Novatel Wireless Gets Downgraded
We downgrade our recommendation for Novatel Wireless Inc. (NVTL) to Neutral, which means the stock should perform in line with the broader market. The company is facing intensifying competition for its core embedded solutions for wireless access. In addition to its traditional...
8Feb2010 | vitalstocks | 0 comments | Continued(ERIC) LM Ericsson Telephone Company’s Quarterly Profit Falls 82%
LM Ericsson Telephone Company (ERIC) reported 82% year-over-year drop in fourth quarter 2009 net income at SEK 0.7 billion ($100 million) on revenues of SEK 58.3 billion ($8.3 billion). Networks’ sales in the quarter declined by 16% year-over-year. Full year sales declined...
26Jan2010 | vitalstocks | 0 comments | Continued(ERIC) Nokia and Siemens AG Network Wins Contract
In a major boost to its fragile top-line, Nokia Siemens Network together with LM Ericsson AB (ERIC) has been selected by TeliaSonera AB (TLSN) to provide radio network solutions for its nationwide next-generation (4G) LTE network deployment. Nokia Siemens Network is a 50-50 joint...
15Jan2010 | vitalstocks | 0 comments | Continued(ERIC) LM Ericsson Telephone Company Wins 4G Bid
LM Ericsson Telephone Company (ERIC) has emerged as the sole supplier of next generation radio base stations in the Nordic and Baltic countries. TeliaSonera has selected it as the sole vendor for next generation coverage in 25 of the largest municipalities in Sweden and the four...
14Jan2010 | vitalstocks | 0 comments | Continued(EBAY) Skype Company Beefing Up Management Team
eBay Inc’s (EBAY) communications wing, Skype is building its management team. The company, in which eBay retains a 30% stake has appointed former Sony (SNE)-Ericsson (ERIC) president, Miles Flint to chair its new 17-member board. Thomson-Reuters (TRI) head of collaboration...
14Jan2010 | vitalstocks | 0 comments | Continued($ERIC) Don’t Buy Into Ericsson Before You Read This
Tony Daltorio, Investment U Research Tuesday, December 22, 2009 Once upon a time, the real mobile phone industry consisted of only two companies: Swedish-based Ericsson ADR (NASDAQ: ERIC) and the Finnish Nokia ADR (NYSE: NOK). These days though, while Ericsson might still lead...
22Dec2009 | InvestmentU | 0 comments | Continued(NVTL) Novatel Wireless Inc Downgraded to Neutral
We downgrade our recommendation for Novatel Wireless Inc. (NVTL) to Neutral, which means the stock will perform in line with the broader market. The company is facing intensifying competition for its core embedded solutions for wireless access. In addition to its traditional...
22Dec2009 | vitalstocks | 0 comments | Continued(DCM) 4G Cellular Technology LTE Thriving in Asia
Long-Term Evolution (LTE), the most sought after next-generation (4G) super-fast wireless communications technology is quickly gaining momentum in the Asia regions. The 4G wireless networks are aiming to cope with substantial demand for high-speed wireless data services and mobile...
18Dec2009 | vitalstocks | 0 comments | Continued(VMED) Virgin Media Continues Innovation
Virgin Media Inc. (VMED), the second largest cable MSO in the U.K., continues to innovate offerings in order to reduce churn and prevent its market share drain due to the onslaught of new entrants. Recently, the company launched “Get Social”, a new social networking and...
16Dec2009 | vitalstocks | 0 comments | Continued(TEF) Telefonica’s O2 UK Tests 4G Long Term Evolution Technology
O2 UK, the British subsidiary of Spanish Telecom giant Telefonica (TEF), has successfully completed first field trial of its 4G network based on the Long Term Evolution (“LTE”) mobile broadband technology. The test was launched in O2 UK’s home market Slough, Berkshire,...
16Dec2009 | vitalstocks | 0 comments | Continued(ERIC) Ericsson Facilitates Largest 4G Service
The world’s first and largest commercial 4G service has been launched by TeliaSonera and Ericsson (ERIC) in Stockholm, Sweden. Although 3G (third generation) technologies deliver significantly higher bit rates than 2G technologies, there is still a great opportunity for...
14Dec2009 | vitalstocks | 0 comments | Continued(STM) STMicroelectronics NV to Consolidate Regions in Asia
STMicroelectronics NV (STM) announced changes in its global sales and marketing organization. The move, which will be effective January 1, 2010, will consolidate ST’s regions in Asia to two: Greater China & South Asia, Japan & Korea. The Greater China and South...
8Dec2009 | vitalstocks | 0 comments | Continued(ERIC) LM Ericsson Telephone Co Buys Nortel’s GSM Business
LM Ericsson Telephone Co. (ERIC) has been selected as successful bidder to acquire certain assets of the Carrier Networks division of Nortel relating to Nortel’s GSM business in the U.S. and Canada. The purchase is structured as an asset sale at a cash purchase price of...
29Nov2009 | vitalstocks | 0 comments | Continued($QCOM) Patent Investigation into Qualcomm is halted
Qualcomm Inc. (QCOM) has breathed a sigh of relief related to its most disturbing patent related issues as the European Commission (European Union antitrust regulator) decided to stop investigating a monopoly abuse probe into Qualcomm without taking any punitive measures against...
28Nov2009 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications Upgraded to Neutral
We upgrade our recommendation for MetroPCS Communications (PCS) to Neutral following the company’s better-than-expected operating results in the last quarter. Reported earnings have outpaced the Zacks Consensus Estimate fueled by healthy revenue growth across the company’s...
25Nov2009 | vitalstocks | 0 comments | Continued($NOK) Nokia-Siemens Suffers Setbacks
Nokia Siemens Network, the 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI) continues to suffer setbacks one after one. Severe economic recession has forced the telecom carriers to significantly reduce their capital expenditures and network upgrade plans throughout...
25Nov2009 | vitalstocks | 0 comments | Continued(SWKS) Skyworks Solutions Beats Estimates
Skyworks Solutions (SWKS) earlier reported revenues of $228.1 million in the fourth quarter of fiscal 2009, up 19% sequentially and surpassed management’s guidance range of $220 million – $225 million. Operating margin came in at 14.4% compared to 12.0% in the previous...
23Nov2009 | vitalstocks | 0 comments | Continued(NOK) Final Deadline for Nortel Bid
Nortel Network Corp.’s (NT) said that the final auction for acquiring all of its Metro optical and Ethernet Networks division is on Nov 20, 2009. The deal is subject to a competitive bidding process. Nokia Siemens Networks, a joint venture between Nokia (NOK) and Siemens...
20Nov2009 | vitalstocks | 0 comments | Continued(CHL) Wireless Carrier China Mobile Outlines 4G Plan
China Mobile (CHL), the world’s largest wireless carrier by subscriber, has revealed its plan to commence the trial run of its 4G network during World Expo 2010 to be held in Shanghai from May 1 to Oct 31, 2010. The company’s 4G service is based on the TD-LTE (Time Division...
20Nov2009 | vitalstocks | 0 comments | Continued(NVTL) Novatel Enters Machine-to-Machine Market
Novatel Wireless Inc. (NVTL) has entered into the Machine-to-Machine (M2M) smart devices market through a multiyear Memorandum of Understanding with Cinterion Wireless Modules GmbH. Cinterion is a global leader in M2M communication modules. These two companies will combine their...
14Nov2009 | vitalstocks | 0 comments | Continued(ERIC) LM Ericsson Telephone Company Beats Estimates
LM Ericsson Telephone Company (ERIC) reported earnings per share of 16 cents for the third quarter of 2009, exceeding the Zacks Consensus Estimate of 12 cents per share. Net sales in the third quarter were SEK 46.4 billion ($6.6 billion). Sales in the quarter decreased 4% year-over-year...
8Nov2009 | vitalstocks | 0 comments | Continued(S) Sprint’s Loss Worse Than Estimates
Sprint Nextel (S) reported third-quarter 2009 results with net loss per share of 17 cents, exceeding the Zacks Consensus Estimate of 15 cents and the year-ago loss per share of 11 cents. The third-largest US wireless carrier posted a net loss of $478 million, 47% more than the...
1Nov2009 | vitalstocks | 0 comments | Continued($CIEN) Ciena Gets Approval to Bid For Nortel Network’s Optical and Ethernet Division
The telecommunications and network equipment company Ciena Corporation (CIEN) has received the Court’s approval to begin bidding for Nortel Network Corp.’s (NT) optical and Ethernet division. The judges also said that Nov. 9 will be the deadline for bids and scheduled...
17Oct2009 | vitalstocks | 0 comments | Continued($RIMM) Smart-Phone Wave Grows Rapidly in the U.S.
The U.S. smart-phone market is growing at a rapid pace despite the ongoing global economic slowdown. A recent analysis by CTIA Wireless has revealed that the country’s wireless service providers have generated a massive $19.4 billion of data revenues from smart-phone users...
13Oct2009 | vitalstocks | 0 comments | Continued(DELL) Dell to Try Smartphone
Dell Inc. (DELL) is planning to enter the smartphone business. The renowned personal computer (PC) manufacturer is planning to launch a smartphone, which will run on Google’s (GOOG) Android mobile software and will be connected through telecom giant AT&T’s (T) network....
12Oct2009 | vitalstocks | 0 comments | Continued(CIEN) Ciena Corporation Takes Over Nortel Networks’ Unit
Yesterday, telecommunications and network equipment company Ciena Corporation (CIEN) announced the acquisition of substantially all of the optical networking and carrier Ethernet assets of its rival Nortel Networks’ (NT) Metro Ethernet Networks (MEN) division, for a total of...
9Oct2009 | vitalstocks | 0 comments | Continued(CHU) China Unicom Launching 3G Service in 285 Cities
Second-largest Chinese wireless carrier China Unicom (CHU) will officially launch commercial 3G wireless services on Oct 1, 2009 across 285 Chinese cities. This coincides with the company’s launch date of Apple Inc.’s (AAPL) iPhone in mainland China. China Unicom...
3Oct2009 | vitalstocks | 0 comments | Continued