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Alcatel-Lucent posts first annual profit in four years

Published Friday 12 Feb 2016 | 09:13 CET
Alcatel-Lucent recorded revenue up 15 percent and up 4 percent at constant exchange rates to EUR 4.16 billion in Q4 2015, versus EUR 3.68 billion in Q4 2014. Gross profit rose to EUR 1.64 billion from EUR 1.28 billion. The company saw a 36 percent rise in next-generation technology revenue in Q4 2015, accounting for 79 percent of total revenue, versus 67 percent in Q4 2014. Q4 2015 net profit ...

Alcatel-Lucent posts first annual profit in four years

Published Friday 12 Feb 2016 | 09:13 CET Alcatel-Lucent recorded revenue up 15 percent and up 4 percent at constant exchange rates to EUR 4.16 billion in Q4 2015, versus EUR 3.68 billion in Q4 2014. Gross profit rose to EUR 1.64 billion from EUR 1.28 billion. The company saw a 36 percent rise in next-generation technology revenue in Q4 2015, accounting for 79 percent of total revenue, versus 67 percent in Q4 2014. Q4 2015 net profit ...

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Warburg, Apollo to make final bids for T-Mobile NL - report

Published 12 Feb 2016 08:31 CET | Netherlands
Deutsche Telekom has narrowed the bidders for T-Mobile Netherlands to private equity firms Warburg Pincus and Apollo, people ...

AWS acquires Italy-based software provider NICE

Published 12 Feb 2016 12:54 CET | Italy
Amazon Web Services (AWS) has announced the acquisition of Italy-based software provider NICE for an undisclosed amount. NICE, ...

Japan ends December with nearly 153 mln mobile subscribers

Published 12 Feb 2016 12:52 CET | Japan
Japan ended 2015 with 151.4 million mobile customers, down from 152.8 million in September 2015. Mobile operator Softbank had ...

TiVo, Buckeye CableSystem enter strategic partnership

Published 12 Feb 2016 12:46 CET | United States
Buckeye CableSystem, a US cable operator servicing northwest Ohio and southeast Michigan, entered into a multi-year partnership ...

Rackspace releases private cloud powered by Red Hat 

Published 12 Feb 2016 12:41 CET | World
Rackspace released Rackspace Private Cloud powered by Red Hat, which delivers OpenStack private clouds as-a-service using the Red ...
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