Nonetheless, the letter makes a strong case for a merger as a way to properly address competitive and other pressures in
the telecom equipment industry.
Not exact matches
Somewhat predictably, the majority of the slowdown within manufacturing has been concentrated in transport
equipment, which reflects the downturn in the auto
industry, and information and computer technologies (ICT), a sector that took a big hit when
telecom giant Nortel went belly up.
Luna Analytics makes bioanalysis instruments for studying proteins, Luna Technologies develops fiber - optic - measurement devices for the
telecom industry, and Luna Energy manufactures advanced oil - well - monitoring
equipment.
More recently, the company has pivoted to mobile phones and mobile games (they sold their phone division to Microsoft in 2014 for $ 7.2 B), working to become a major player in the
telecom industry and producing network
equipment.
The government is now said to have roped in the Centre for Development of Advanced Computing (C - DAC) and state - owned
telecom equipment manufacturer, Indian Telephone
Industries (ITI), to take the ambitious project forward.