Hewlett-Packard annoints new telecom unit

Following Hewlett-Packard's acquisition of EDS last year, HP is now looking to package the latter's professional services capabilities with HP's own service delivery, OSS, digital media and other solutions in a new business unit--HP Communications and Media Solutions. The unit will tee off against competition like Oracle and IBM, two industry giants who have strengthened their service provider focus in the last year or so.

HP, which has been in telecom a long time, but whose efforts in the sector have been over-shadowed at times by its own broader corporate troubles, also presents the new unit at a time when traditional network equipment giants are branching further into the software arena. Meanwhile, HP announced fourth-quarter earnings today that included a 13 percent dip in profit, though the slide was mostly attributed to its computer and printer business.

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- Telephony has this report

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HP bought EDS last year for about $14 billion
HP and BT extended a major partnership last fall

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