The use of cellphones is soaring, but very few people like the towers needed to make them work. Alcatel-Lucent may have a solution. Its small, boxy cellular antenna and base station system is part of a growing trend towards shrinking traditional cellular towers.
Cisco's latest earnings topped analysts' estimates, but profit margins disappointed investors, and the stock plunged 15%. CEO John Chambers insists it's only temporary and that better days are coming. So far, though, nobody is buying that line.
The third largest U.S. mobile-phone carrier plans to upgrade its network over the next three to five years, aiming to save billions of dollars in the process.