bankrupt
RSS bankruptEricsson snaps up Nortel's wireless tech for $1.13bn
News Ericsson cast the $1.13bn winning bid in an auction for the wireless assets of bankrupt Nortel Networks, the companies said on Saturday. The Swedish telecommunications giant picked up Nortel's CDMA and next-generation... [27 Jul 2009]
Nortel dropped from Olympic role - and Cisco steps up
News In a statement on Friday, the London 2012 Organising Committee (Locog) said it has ended its contract with the bankrupt infrastructure supplier "on good terms". Nortel has been dropped as the official communications... [10 Jul 2009]
Outsourcing? Don't sign a long-term deal
News As price reductions of more than 10 per cent would be higher than the net profit of most IT service providers, they could potentially make them bankrupt," he stated. Organisations should monitor the health of outsourcing... [17 Jun 2009]
Knowledge Management or Corporate Amnesia?
White Paper More than 70 percent of businesses suffering a server failure without backup go bankrupt within two years. Of course, it's not the loss of equipment, but rather the loss of critical information and knowledge housed on... [22 Apr 2009]
BPO Is an Effective Answer to the Financial Crisis
White Paper The ongoing global financial crisis is a concern for everyone in almost all industries - fear of job loss, foreclosed homes and bankrupt businesses. About 20% to 40% of the revenues of offshore outsourcing companies are... [03 Apr 2009]
Back to reality for Bangalore
Comment Firms such as now-bankrupt Lehman Brothers and bought-out Merrill Lynch were big customers and provided millions of dollars worth of lucrative contracts to Indian technology services companies. Once a high-flying tech... [30 Sep 2008]
Q&A: Bruce Schneier, CTO of BT Counterpane
Comment It's frustrating to hear 'we like you but we can't take the risk because you may go bankrupt next week'. Schneier: Crime - it's been around since Egyptian times so that's unlikely to change. So how can CIOs fight cyber... [23 Oct 2007]
ID cards scheme under fire again
News Scrabbling for some sort of legacy, he's trying to lumber his successor with the millstone of his bankrupt and delusional ID policies. The ID cards scheme has come under fire again after a report by a government... [04 Aug 2006]
Five-year court battle bankrupts former City IT manager
News A former City IT manager has been declared bankrupt with debts of £2.6m following a five-year legal battle over claims that fraud allegations and a defamatory job reference ruined his health and career. [09 Jun 2006]
AT&T to grab BellSouth in deal worth $67bn
News Eventually, Verizon paid $8.44bn for the formerly bankrupt MCI . AT&T said on Sunday it will acquire fellow phone company BellSouth in a stock deal worth $67bn, creating a telecommunications giant that dwarfs its nearest... [06 Mar 2006]
Devil's Advocate: The true information age
Comment The information given out by companies has been increasingly manipulated in the interests of executives, right up to the point where Enron, an apparently rich and profitable company, turned out to be a bankrupt shell. [12 Apr 2005]
5 years ago... MCI WorldCom releases bandwidth-control product
News First it was MCI and WorldCom, then, post-merger, it was MCI WorldCom, then it was just WorldCom, then it was mired in corruption and scandal, then it was bankrupt and then it was just MCI again. 26.08.99: MCI WorldCom... [26 Aug 2004]
mmO2 revenues boom as landline telcos disappoint
News Retiring Colt CEO Steve Atkin blamed the poor showing on increased competition from previously bankrupt companies which have managed to shed their debt. Mobile operator mmO2 surprised the City by reporting booming... [21 Jul 2004]
Microsoft to spend $38m on expanding HQ
News Gates and friends should hope the choice of building isn't auspicious - the Spiegel Group, which owns the Eddie Bauer chain, went bankrupt last year. Microsoft is to splash out $38m to expand its Redmond headquarters -... [14 Jul 2004]
EC set to move on France Telecom subsidies
News Commission officials argue that French courts have ordered compensation for creditors when companies have gone bankrupt after local officials had given assurances about the companies which they later failed to honour. [12 May 2004]
