Upgrades from financial analysts have given Alcatel-Lucent's share price an early year boost, though its stock is still only commanding a price of $1.46 on the New York Stock Exchange (up by 5 percent since the turn of the year) and €1.17 on the Paris exchange (up nearly 16 percent so far this year). For more on the upgrades, see this report and this analysis. The vendor recently arranged new credit facilities, a move that improved confidence in the company's future.
The Austrian mobile market is a little more settled today after the completion of two acquisitions. Telekom Austria has finally completed its €390 million ($507 million) takeover of budget brand YESSS! Telekommunikation GmbH, while Hutchison 3G Austria has sealed the €1.3 billion ($1.7 billion) acquisition of Orange Austria.
Former TeliaSonera veteran Thomas Haug will be awarded the Draper Prize by The American National Academy of Engineering for his role in the development of NMT, the mobile technology that spawned GSM. In all, five mobile technology pioneers, including Light ReadingHall of Fame inductee Martin Cooper, will receive the prize this year. For more, see this press release.
— Ray Le Maistre, International Managing Editor, Light Reading
Currently we allow the following HTML tags in comments:
Single tags
These tags can be used alone and don't need an ending tag.
<br> Defines a single line break
<hr> Defines a horizontal line
Matching tags
These require an ending tag - e.g. <i>italic text</i>
<a> Defines an anchor
<b> Defines bold text
<big> Defines big text
<blockquote> Defines a long quotation
<caption> Defines a table caption
<cite> Defines a citation
<code> Defines computer code text
<em> Defines emphasized text
<fieldset> Defines a border around elements in a form
<h1> This is heading 1
<h2> This is heading 2
<h3> This is heading 3
<h4> This is heading 4
<h5> This is heading 5
<h6> This is heading 6
<i> Defines italic text
<p> Defines a paragraph
<pre> Defines preformatted text
<q> Defines a short quotation
<samp> Defines sample computer code text
<small> Defines small text
<span> Defines a section in a document
<s> Defines strikethrough text
<strike> Defines strikethrough text
<strong> Defines strong text
<sub> Defines subscripted text
<sup> Defines superscripted text
<u> Defines underlined text
Network Computing encourages readers to engage
in spirited, healthy debate, including taking us to task.
However, Network Computing moderates all comments posted to our site,
and reserves the right to modify or remove any content that it determines to be derogatory,
offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM.
Network Computing further reserves the right to disable the profile of any commenter participating
in said activities.
