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BUSINESS BRIEFS.(TO THE POINT)
TELECOM GEAR
Cisco widens telecom gear lead
It grabbed 15.3% market share in Q3 on $3.84 bil in telecom gear sales, says Synergy Research. It was the third straight quarter at No. 1 and the fifth straight share gain for the firm. Cisco's lead over No. 2 Siemens, which had 11%, is its biggest yet. But industry sales fell 31% vs. Q3 '01 to a four-year low. Ericsson was No. 3 at 10.1%, followed by Nortel at 8.7% and Alcatel at 8.6%.
Nokia: 2G-to-3G handoff success
The wireless gear firm says the test, which used Vodafone's older GSM network in Italy with Nokia's 3G WCDMA gear, will let carriers build new networks piecemeal, rather than having to complete expensive upgrades all at once. Carriers want to make sure that 3G users don't lose connections in areas not yet upgraded.
FINANCE
Corporate bond sales up in Nov.
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