Cisco profit edges past estimates despite weak telecom spending

Several analysts have interpreted the transition as a signal of changing priorities


(Reuters) - Cisco Systems Inc's quarterly profit edged past market estimates as demand for new switches, routers, wireless gear and servers made up for sluggish spending by telecom customers and weak sales in emerging markets.

The network equipment maker is making a transition toward high-end switches and routers and investing in new products such as data analytics software and cloud-management tools.

Last month, market research firm Gartner forecast a decline in telecom services spending this year.

Canada raises more than C$750 million in telecom spectrum auction

Telus Corp emerged as the big winner from the auction


TORONTO (Reuters) - The Canadian government said on Tuesday it had raised C$755.4 million ($627.77 million) in a 2500-megahertz spectrum auction set to boost telecom coverage in rural areas across the vast country.

Telus Corp, one of Canada's three biggest telecom companies, emerged as the big winner from the auction. It paid C$478.8 million for 122 licenses across the country, snagging over 40 percent of the licenses sold through the auction.

China's draft national security law calls for cyberspace 'sovereignty'

Sweeping law has broad implications for the ruling Communist Party's governance of society


BEIJING (Reuters) - China has included cybersecurity in a draft national security law, the latest in a string of moves by Beijing to bolster the legal framework protecting the country's information technology.

China has recently advanced a wave of policies to tighten cybersecurity after former National Security Agency contractor Edward Snowden disclosed that U.S. spy agencies planted code in American tech exports to snoop on overseas targets.

Cisco looks to salesman Robbins for tech leadership

CEO-in-waiting takes over in July, hopes to lead Cisco into the new world of cloud-based computing


SEATTLE (Reuters) - Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of cloud-based computing.

Cisco, like tech stalwarts Hewlett-Packard Co and IBM, is trying to branch out from its core business into software, security and datacenters to capitalize on the explosion of remote computing.

Spain's Telefonica bets on price hikes to end six-year slump

Higher rates to take effect on May 5, should add up to 300 million euros


MADRID (Reuters) - Telefonica's move to hike prices in Spain is a bold bet that could finally draw a line under a six-year slump, cut the firm's reliance on Latin America and give it a leg up over rivals on the lucrative premium telecoms market, sources and analysts say.

The telecoms giant, whose revenues have dropped 13 percent worldwide and 42 percent in Spain since 2008, has focused on fewer markets, cut debt and invested in new high-speed networks and exclusive television contents to try and regain its mojo.

China blames hacking attack for recent Internet problems

Latest in a series of challenges businesses and individuals have faced going online in the PRC


BEIJING (Reuters) - A hacking attack using malware from overseas servers was to blame for Internet problems in China earlier this week that prevented users accessing a number of popular foreign websites, an official state-run newspaper said on Friday.

Social media users first reported on Sunday that they were being sent to software website and travel website when trying to access news websites like, news portal, and games website, among others.

Nokia's network profits drop, raise concerns over Alcatel deal

Ranks of investors betting against Alcatel-Lucent appear to be growing


HELSINKI/PARIS (Reuters) - Finland's Nokia reported quarterly profits well below market forecasts at its telecom network equipment business, sending its stock tumbling 10 percent and raising concerns over its planned takeover of smaller rival Alcatel-Lucent.

First-quarter revenue was ahead of expectations, but operating profit dropped 61 percent, which Nokia blamed largely on the need to cut prices to secure major mobile contracts in China and on weaker software sales.

LEO Satellite Constellations: Understanding Strengths and Limitations

LEO constellations can be a complementary, rather than competing, offering to GEO satellites

There are benefits to using satellites in LEO or GEO orbits.  The key for network operators is to choose the right satellite design, technology, and orbit for the application and market they serve. 

Nokia bets software revolution will help avoid past merger errors

Getting the transition right is essential to achieving the synergies and avoiding alienating major customers


PARIS/HELSINKI/STOCKHOLM (Reuters) - Nokia's acquisition of smaller rival Alcatel-Lucent may avoid the pitfalls that befell earlier telecom network equipment marriages, thanks to a revolution over the past decade in how products are launched and developed.

The brains and brawn of telecom networks today lie in software, which is programmable and flexible, and not in customized hardware as in the past. Products are more modular with open interfaces that allow equipment from different manufacturers to talk to each other.

Huawei CEO says Chinese cybersecurity rules could backfire

Xu says policies could hamper free competition and innovation and undermine security in the long term


SHENZHEN, China (Reuters) - China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei's rotating chief executive Eric Xu told Reuters on Tuesday.

Xu's remarks are a rare example of a top Chinese CEO openly questioning the direction of Beijing's information security policy, already a source of concern for countries who fear it will limit opportunities for their technology firms.

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