Stephen Lawson

Hewlett-Packard Co. said in a statement Wednesday that its shareholders have approved the company's acquisition of Compaq Computer Corp., based on a preliminary vote count by independent inspectors. Shareholders voted 837.9 million shares in favor and approximately 792.6 million shares against, with an "insignificant" number of votes that were cast still unresolved, HP said.

Capital spending by North American telecommunications carriers probably will not recover until 2004 from a slump caused by a recent glut of infrastructure investment and slow demand for new services, according to research company RHK Inc.

A U.S. federal judge in Florida will let telecommunications service provider Vox2Vox Communications Inc. sue Cisco Systems Inc. for US$1.3 billion for allegedly defrauding Vox2Vox by discontinuing a Cisco product without warning.

Alcatel SA has overcome barriers to reliability in IP routing software, opening the door to IP (Internet protocol) data networks that keep running as seamlessly as phone systems, the company said Monday.

Alcatel SA has overcome barriers to reliability in IP routing software, opening the door to IP (Internet protocol) data networks that keep running as seamlessly as phone systems, the company said Monday.

Users of Web portals, shared-interest sites, auction sites and corporate applications could see which participants are logged in to America Online Inc.'s AOL Instant Messenger (AIM), and contact them, through a deal between AOL and PresenceWorks Inc.

Eyeing a line-up of components for wireless networking products that would span Bluetooth personal area networks, wireless LANs, mobile phones and handheld computers, network chip maker Broadcom is acquiring cellular component vendor Mobilink Telecom.

Networking and telecommunication executives bemoaned the state of next-generation networks in the United States, but said the industry's investment environment is rising from the ashes, in a panel discussion in Santa Clara, Calif. Last Thursday night.