Ericsson plans to acquire Internet-related firms

Article Abstract:

Stockholm, Sweden-based telecommunications equipment maker Telefon AB L. M. Ericsson has reported plans to acquire California-based 3Com Corp. and other Internet firms. The Swedish telecom firm has previously made a number of acquisitions of Internet-technology and data networking firms as part of its strategy to compete with rival Cisco Inc.

Telephone Apparatus Manufacturing, Asset sales & divestitures, Other Computer Peripheral Equipment Manufacturing, Computer Auxiliary Eqp NEC, Central Station Switch Eqp, Data Processing Services, Specialized Computer Services, Computer services industry, Information technology services industry, Information technology services, Telecommunications equipment industry, Computer peripherals industry, Computer peripherals, Market share, Telephone switching equipment, 3Com Corp., Central office equipment (Telephone), Telefonaktiebolaget LM Ericsson, Cisco Inc.

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Mobile, but quite hobbled

Article Abstract:

The article discusses the shakeout in the mobile wireless industry in Europe. Funds of many wireless-technology startups are beginning to get depleted, and investors are reluctant to invest any more money in startups. Many companies are cancelling expansion plans and laying off hundreds of employees.

Europe, Financial analysis

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AT and T Wireless entertains suitors

Article Abstract:

Both Cingular Wireless and NTT DoCoMo make bids for AT and T Wireless Services Inc., the number three wireless carrier in the United States.

Japan, COMMUNICATION, Communications, Broadcasting and Telecommunications, Telecommunications services industry, Telecommunications industry, Company acquisition/merger, Wireless communications services, Communications industry, NTT DoCoMo Inc., AT&T Wireless Services Inc., Wireless telecommunications service, Cingular Wireless L.L.C., AWE, Wireless voice/data service

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