Ericsson has been chosen as sole supplier by leading Mozambican operator mCel for the expansion and upgrade of its Mobile Packet Backbone Network solution (Mobile-PBN). Ericsson’s Mobile-PBN solution, which includes the Redback
Motorola Inc. announced that it is extending the reach of its field-proven Canopy wireless broadband system with the introduction of the 400 series of access points and subscriber modules in the 5.4
Nokia Siemens Networks has signed a contract with PT Hutchison CP Telecommunications to strengthen its GSM/WCDMA network coverage in the islands of Java and Sumatra, and roll out GSM core networks in
Strong economic growth across the CIS region in the past two years has resulted in the emergence of many Russian companies with the appropriate business models, experienced management and critical size that
European stocks were slightly lower around midday on Friday as weakening shares of banks and consumer product groups overshadowed a rally in mining stocks buoyed by upbeat brokerage comments. Pharmaceuticals were on
Moody’s Investors Service has changed the outlook on the B3/Not Prime foreign currency deposit ratings of the four rated Lebanese banks – Bank Audi, BLOM Bank, Byblos Bank and Bank of Beirut
Lehman Brothers Holdings Inc has ample liquidity to run its business and will generate positive earnings and grow book value per share this year, said Citigroup analyst Prashant Bhatia, who upgraded the
U.S. personal income rose more than expected in February as the economy teetered on the brink of a possible recession, while both personal spending and a key price measure increased only slightly,
U.S. Treasury Secretary Henry Paulson said on Friday that an economic stimulus program that will put $168 bln into consumers’ hands this year and next could help create hundreds of thousands of
British Airways cancelled a fifth of flights from its new $8.6 bln terminal at London‘s Heathrow airport on Friday as chaos from its shambolic opening spilled into a second day, according to
