Huawei Technologies Co., China’s biggest maker of phone network equipment, forecast a 10 percent increase in sales this year after posting record earnings on rising demand from wireless carriers for gear.
Alcatel-Lucent SA appointed Roberto Loiola to lead its Italian unit, hiring the executive who worked at competitor Huawei Technologies Co. to help boost sales of network equipment to European phone companies.
Alcatel-Lucent SA, the French network- equipment maker halfway through a three-year revamp plan, said more profitable products and lower administrative costs helped narrow its first-quarter loss. The stock rose.
Brazil’s government is considering developing locally made network equipment that phone companies would be required to use as a defense against foreign spies, Communications Minister Paulo Bernardo said.
Gores Group LLC is in talks with Carlyle Group as well as other private-equity firms to sell Sagem Communications, a French provider of network equipment and television set-top boxes, said two people with direct knowledge of the situation.
Samsung Electronics Co. , the world’s second-largest mobile-phone maker, aims to become one of the three biggest producers of network gear in four years by tapping demand for new equipment that can handle data faster.