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Broadcom to exit cellular baseband business

2014-06-02 15:41:00| Telecompaper Headlines

(Telecompaper) Broadcom said it's considering selling or shutting down its cellular baseband business. The company hired JP Morgan to help it consider options. The company did not give a reason for exiting the business. In its Q1 2014 report, Broadcom blamed the operating loss at its Mobile & Wireless division on a substantial increase in R&D costs for developing cellular baseband products. Amid a "lengthy product development and sales cycle for LTE products", the company said it was still incurring more costs than revenue for the products. Broadcom said ending the baseband business would save it around USD 700 million a year in R&D, SG&A and associated stock option costs, not including any costs for impairment or restructuring if it closes the business. The savings will be invested at an estimated rate of USD 50 million a year in developing its broadband, infrastructure and connectivity businesses. Broadcom expects the extra investment will strengthen and accelerate the company's plans in the area of small cells, embedded processing and low-power connectivity. The company also updated its outlook for second-quarter results. Revenues are still estimated at USD 2.0-2.1 billion, but the gross margin will be at the high end of above its earlier provided range, thanks to a better product mix. 

Tags: business exit cellular broadcom

 

Broadcom may exit cellular baseband market

2014-06-02 02:00:00| Total Telecom industry news

Chip maker hires JP Morgan to weigh potential sale, wind-down of division.

Tags: market exit cellular broadcom

 
 

B&B Electronics' New Conel Bivias v2 Cellular Routers Enable Prompt, Reliable, 4G Failover For Wireless Networking In Europe

2014-05-29 10:21:29| rfglobalnet Home Page

Conel s.r.o., a subsidiary of B&B Electronics, a developer of mission-critical network connectivity solutions, has expanded its family of wireless routers to include the new Conel Bivias v2 industrial cellular router which will be available throughout Europe.

Tags: in electronics europe enable

 

AT&T Certifies Red Lion's RAM® 9000 Industrial Cellular RTUs in North America

2014-05-06 06:00:00| Industrial Newsroom - All News for Today

Rugged, High-Performance Sixnet Series RAM 9000 Now Supports AT&T 4G LTE Network<br /> <br /> YORK, Pa. - Red Lion Controls, the global experts in communication, monitoring and control for industrial automation and networking, today announced the availability of 4G Long Term Evolution (LTE) support on the AT&T cellular network for its Sixnet series RAM® 9000 industrial cellular RTUs. With certified AT&T 4G LTE wireless connectivity, organizations of all sizes can leverage increased data speeds ...This story is related to the following:Electrical Equipment and Systems Sponsored by: Globtek Inc. - MOBILE BANNER ADSearch for suppliers of: Communication & Connectivity Devices

Tags: north red america industrial

 

AT&T margin weakness fuels concern about U.S. cellular sector

2014-04-23 20:31:14| IT Services - Topix.net

Increasingly aggressive discounting is taking a toll on AT&T Inc and U.S. cellular rivals as they struggle to attract customers in a nearly saturated market.

Tags: sector att concern cellular

 

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