Stories by Jana Sanchez

3Com, USWeb/CKS Ally on Mobile Apps

3Com and USWeb/CKS have entered into an agreement that will involve 3Com investing up to $US100 million toward the development of mobile, corporate electronic-commerce applications. The deal also calls for 3Com to purchase a $40 million stake in USWeb/CKS, a provider of Internet consulting services.

Nortel to buy Qtera for $US3.25b

Nortel Networks has paid $US3.25 billion in Nortel stock to buy Qtera, a privately-held maker of long-reach optical networking systems.

3Com files for Palm IPO

3Com has filed a registration statement with the US Securities and Exchange Commission for an IPO (initial public offering) of less than 20 percent of its subsidiary, Palm Computing.

Compaq, Samsung pump $500 million into Alpha

Attempting to dispel long-standing concerns that Compaq Computer is not fully committed to its 64-bit Alpha microprocessor technology, Alpha, the company yesterday announced investments of $US500 million in the chip architecture.

BT's Q2, First Half Results Exceed Expectations

Citing revenue growth in mobile communications, data traffic and its international ventures, British Telecommunications PLC today reported profit and revenue above analyst expectations.
BT turned in operating profit of 869 million pounds (US$1.41 billion) for its second fiscal quarter ended Sept. 30, up from 857 million pounds in the comparable quarter of last year, the telecommunications carrier said in a statement today.

C&W's profit drops 40 per cent in first half

Cable & Wireless has reported a 40 per cent drop in net and operating profit it attributed mainly to problems with its Hong Kong subsidiary, Cable & Wireless, and the continued expense of building up its network.

ITXPO: Mobile, Bluetooth to push e-commerce

While Europe currently lags behind the US in electronic commerce, the widespread use of mobile technology and smartcards will help Europe catch up or even surpass the US, according to analysts here.

Packard Bell NEC slashes US workforce

Packard Bell NEC is closing its manufacturing plant in Sacramento, California, as part of a larger reorganisation that will result in layoffs of some 80 per cent of the company's US staff, and the withdrawal of the Packard Bell brand from the US consumer PC market.

ITXPO: Capellas outlines Compaq roadmap

Compaq Computer chief executive officer Michael Capellas here yesterday reiterated that his company's strategy has shifted towards electronic business and pointed to some expected product announcements in the next few months.

ITXPO: BT, AT&T won't merge, says Bonfield

British Telecommunications has no plans to merge with or be acquired by its partner AT&T within the next 12 to 18 months, said BT's president and chief executive officer in a keynote interview here yesterday at Gartner Group's European Symposium/ITxpo '99.

ITXPO: Focus on e-commerce, wireless, sourcing

Participants at the Gartner Group's European Symposium/ITxpo '99 this week should expect to hear much about electronic commerce, wireless technology and sourcing - a new buzzword that Gartner uses to describe the various ways that corporations can staff IT projects.

Lucent reports jump in profit, reorganises

Lucent Technologies yesterday reported increased revenue and increased profit for its fourth quarter and fiscal year, driven, it said, by the rapidly growing areas of optical networking, wireless networking, data networking and professional services.

Compaq announces thin clients, wireless LAN

Under the theme of accessing information anywhere and anytime, Compaq has launched a series of new products including thin-client products, wireless LANs and new laptop computers.

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