Alcatel-Lucent almost halved its net loss for 2013 as cost-cutting, a tweaked product offering and asset sales under Chief Executive Michel Combes began to take effect.
The telecoms equipment maker, which competes with Sweden's Ericsson (Stockholm), China's Huawei (Beijing) and Nokia's (Helsinki, Finland) NSN unit, said its gross margin was 34 percent and operating profit 307 million euros - both better than expected.
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U.S. mobile operator AT&T said on Monday it was not planning to take over Britain's Vodafone, making its intentions clear after a request from the takeover panel following months of speculation.
The statement to the London Stock Exchange rules out the second-largest mobile service provider in the United States from buying Vodafone (Newbury, UK) for the next six months. However the group can still make an offer if Vodafone's board agrees to it, or if a third party enters the fray.
UK fixed-line incumbent BT has unveiled plans to spend another £50 million ($82.6 million) on extending fiber broadband services to homes and businesses over the next three years.
In a statement, the operator said the extra investment would benefit more than 30 cities in the UK and more than 400,000 additional premises.
It will mainly focus on equipping city cabinets that were not part of BT’s (London, UK) original plans, deploying fiber to cabinets that serve apartment blocks and laying additional fiber to new build sites in cities.
Vodafone Hutchison Australia (VHA) is set to replace departing chief executive Bill Morrow with Inaki Berroeta, who currently heads up the Vodafone Group’s business in Romania.
In a statement, the operator said that Berroeta would take over from Morrow on 1 March, with Morrow to stay on until the end of March to ensure a smooth transition takes place.
After that, Morrow will leave the Vodafone Group to take charge of NBN Co, the government-backed operator that is deploying a high-speed network across Australia.
Mexico's telecommunications regulator, which is investigating the market power of billionaire Carlos Slim's America Movil, could boost competition by declaring the mobile phone company dominant, a rival operator said on Friday.
Iusacell (Mexico City, Mexico), the country's third-largest mobile operator by number of customers, would benefit if the Federal Telecommunications Institute (IFT) declares America Movil (Mexico City, Mexico) and its fixed-line subsidiary Telmex dominant.
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Australia's biggest phone company Telstra Corporation Ltd has agreed to sell 70 percent of its directories unit Sensis, offloading a struggling business challenged by digital transition for less than the market had anticipated.
The sale of Sensis, following Telstra's (Melbourne, Australia) sale of Hong Kong mobile phone business last month, would further boost the telco giant's cash war chest to invest in new growth businesses and expand its mobile network.
Telehealth provider Forefront TeleCare is to use videoconferencing services provided by CoroWare for the delivery of its online video consultations and counseling services.
The company says the technology will help it to provide support to people in need of mental healthcare services who live in remote areas or have difficulty using in-person counseling services because of illness or mobility problems.
In our meeting, we'll learn about the policy the FCC is building under new Chairman Wheeler, the different stakeholders for and against reform, and the technologies that will be successful in the next century. We'll also take a look at the disruptive aspects of modern policy on existing businesses, and the creation of new business models.