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Cisco earnings down but says ‘tipping point’ passed

AP News notes that Cisco Systems’ CEO John Chambers said yesterday that the company’s latest quarterly numbers reinforce his observation that recession-dampened orders are improving after passing a “tipping point” this summer.

Motorola’s strategy boss quits as exodus continues

Rich Nottenburg, Motorola’s chief strategy and technology officer, has become the latest high-profile executive to leave the vendor.

Qualcomm invests in femtocell vendor ip.access

Qualcomm is the latest high-profile industry player to back the emerging femtocell sector, announcing an undisclosed investment in UK-based startup ip.access.

Report: Six firms plan WiMAX patent pool

Six high-profile companies are teaming up to jointly license patents that cover WiMAX in an effort to prevent costly royalty rates that might deter adoption of the technology, according to a Wall Street Journal report.

Cisco: Mobile data traffic to double

Mobile data traffic will roughly double each year from 2008 through 2012, according to the latest Cisco Visual Networking Index (VNI) Forecast, reports Electronic Times.

 

Motorola, Cisco invest in Amobee

Motorola and Cisco are the latest high-profile companies to invest in mobile advertising start-up Amobee Media Systems. Financial terms were not disclosed. Amobee has already received investment and trial deals from Telefonica and Vodafone.

 

Cisco ups sales

Cisco Systems reported revenues of US$10.3 billion for the fiscal first quarter to October, up 8 percent from a year earlier.

Report: Verizon aims for 2009 LTE deployment

PCWorld reports that Verizon Wireless could launch Long Term Evolution (LTE) services next year, an aggressive timeframe that would potentially make the operator the world’s first to deploy the next-generation technology.

Cisco sells US4B of debt

Cisco Systems launched a large US$4 billion debt sale yesterday, raising speculation that the network equipment vendor is poised to make an acquisition.

Cisco forecasts surge in mobile data traffic

A new study this week by networking giant Cisco predicts that global mobile data traffic will increase 66-fold between 2008 and 2013 with a compound annual growth rate (CAGR) of 131 percent over the period.