Wireless contracts aid Lucent's quarterly profit streak
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Lucent Technologies Inc. reported higher-than-expected fourth quarter sales on Wednesday, boosted in part by several large contracts, especially in its wireless segment, as well as increased demand for VOIP (voice over Internet Protocol), high-speed data and broadband access.
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Lucent Technologies yesterday posted higher fiscal fourth- quarter earnings, helping lift the telecommunications equipment maker to its first profitable year since 2000.
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AT&T Inc  on Thursday posted a higher quarterly profit as strength in its wireless business offset weakness in traditional consumer services.
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InfoWorld - Alcatel-Lucent reported higher sales but a net loss for the fourth quarter due to a big writedown in its CDMA (code division multiple access) and IP (Internet protocol) multimedia services businesses.
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Operating profits slipped 5.5 percent at Cingular Wireless LLC despite gains in both subscribers and revenue in what was likely the last full quarter before the company's completes its &#36;41 billion purchase of AT&amp;T Wireless Services Inc.
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AT&T  posted a higher quarterly profit as strength in its wireless business offset weakness in traditional consumer services.
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WATERLOO, ONTARIO - Research in Motion reported sharply higher quarterly profits and revenues Thursday as sales of its popular BlackBerry wireless e-mail device continue to soar.
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Sprint Nextel Corp.  posted a higher quarterly profit on Wednesday and its shares rose 6 percent after the company reassured investors by repeating its forecast for a turnaround in subscriber losses.
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By Michael Hodel, CFA, Morningstar Column  Feb. 23--The U.S. wireless industry has had more than its share of ups  and downs over the past decade, passing from boom to bust and into a period of  steady growth in recent years.
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Verizon Communications Inc  said on Monday its quarterly revenue rose due to strong wireless subscriber growth, although profit fell after merger-related costs and other items.
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Nextel Communications Inc., the wireless telephone service provider, reported a 69 percent increase in profits in the third quarter, thanks to continued customer growth as well as a one-time tax benefit, and boosted guidance for the year.
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InfoWorld - Alcatel-Lucent has invested in WiMax chip maker Sequans Communications, the latest show of support for the emerging long-range wireless networking technology.
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Telecommunications-equipment maker recorded its first annual profit fueled by rapid growth in its wireless telephone division. -The Washington Post
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Alcatel-Lucent reported higher sales but a net loss for the fourth quarter due to a big writedown in its CDMA (code division multiple access) and IP (Internet protocol) multimedia services businesses.
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Telecommunications equipment maker Lucent Technologies Inc., rebounding from multibillion dollar losses, reported a larger profit for its fourth fiscal quarter and recorded its first profitable year since 2000.
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Lucent Technologies Inc. more than doubled the total compensation of its top executive to &#36;13.6 million in 2004, a year in which the telecommunications-equipment maker posted its first profit in four years, according to a regulatory filing Thursday.
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Lucent Technologies Inc, the nation's leading telecommunications-equipment maker, recorded its first annual profit since 2000, fueled by rapid growth in its wireless telephone division, the company announced yesterday.