telecommunications

(Newser) - Last week's abrupt departure of Sprint's CEO capped the third-place company's struggles with its 2005 acquisition of Nextel, declining share price, and massive customer losses. Interim chief Paul Saleh tells the Washington Post he has a plan to get back to basics that he says will include rallying his workforce...

(Newser) - Vonage shares saw their biggest-ever bump today, after the company announced it has settled its patent lawsuit with Sprint for $80 million. In addition to cutting its legal losses, Vonage gains a license to use the disputed tech. “It's good in that things could have gotten worse,” one...

(Newser) - Chinese company Huawei Technologies Co. will help private equity firm Bain Capital buy 3Com Corp., a flailing US telecommunications company, by picking up almost 20% of the tab. Recently Chinese businesses have bought strategic stakes in US companies rather than full buyouts to skirt political scrutiny, which can lead to...