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Marconi is to sell its telecoms equipment and international services operations to Ericsson for about £1.2bn, and the remaining Marconi business, with 2,00 staff, will be renamed Telent.

Marconi is setting up a £2m telecoms equipment distribution centre at Chase Point 1 on the outskirts of Coventry.

Marconi is said to be planning to relocate 355 of the 655 workers from its telecoms equipment factory in Liverpool to its Chorley site.

Marconi is to set up a 310,000 sq ft headquarters at New Century Park in Coventry.

Marconi is to sell Outside Plant & Power, its US plant and power systems business, to Emerson Electric for £221m.

Marconi has raised £40m from the sale of a 32% stake in broadband internet provider Easynet.

Marconi is to shed 37 of the 374 jobs at its research and development site in Beeston, and plans to set up a new £40m centre in Nottingham have been dropped.

Marconi has agreed to sell its Italian defence communications business to Finmeccanica for £390m.

Marconi has sold its Applied Technologies electronics business to venture capital firm 3i for £57m.

Marconi has sold its Data Systems ink-jet printing business to Danaher Corporation of the US for £277m.

Marconi has sold its Gilbarco petrol pump business to Danaher of the US for £225m, and is now planning to sell its 50% stake in the Hotpoint domestic appliances business to Merloni of Italy for £130m.

Marconi has sold its optical components business to Bookham Technology in a £20m deal that will give Marconi a 9% stake in Bookham.

Marconi is to invest £15m in the production of 28,000 internet-enabled payphone terminals, which will be installed and managed by British Telecom at sites around the country.

Marconi is planning to shed a further 4,000 jobs from its worldwide workforce, including 570 at a plant in Poole, and has also announced the sale of its medical systems division to Philips for £780m.

Marconi is to merge its Ipsaris telecoms network with Easynet Group in a £330m reverse takeover that will provide Easynet with access to a national broadband network.

Marconi has announced plans to set up a £5m photonics research centre at Warwick University, with the creation of up to 200 jobs.

Marconi is to invest £40m in the acquisition of a minority stake in ArrayCom, the US developer of smart antenna technology for mobile phone networks.

Marconi is selling five European telecoms equipment factories, including sites in Coventry and Liverpool, to Jabil Circuit of the US for £260m.

Marconi is planning to build a £35m research and development centre in Nottingham with the creation of 500 jobs, which would involve moving from its Beeston premises to the Nottingham Science Park.

Marconi is to set up a £33m telecoms research centre at New Delhi in India in April, employing up to 200 engineers.

Marconi is to sell Woods Air Movement to Compass Capital Partners for £53m, and has also announced the acquisition of the Telit Networks mobile radio business in Italy for £11m.

Marconi is planning to recruit a further 200 engineers and factory staff at its Applied Technologies business in Chelmsford.

Marconi is acquiring the transmission arm of Splice do Brasil, the Brazilian telecoms equipment company, for £44m.

Marconi is in negotiations to sell five commodity component factories, including sites in Liverpool, Coventry, Italy, Germany and the US, in order to raise funds for the expansion of its optical networking business.

Marconi has acquired Mariposa Technology, the US manufacturer of network management devices, for £190m.

Marconi has won a £62m contract from Belgacom to set up a high-speed optical network across Belgium.

Marconi is planning to create about 160 jobs in Cambridgeshire, having opened a new communications research centre at the Cambridge Business Park.

Marconi has acquired Albany Partnership, the developer of mobile telecoms networks, for £71m, which will give it access to more potential sites for mobile phone sites.

Marconi has won a £2bn contract to supply optical electronic equipment for British Telecom's new European broadband network, which is expected to lead to new jobs at sites in Coventry, Liverpool and Italy.

Marconi is planning to set up R&D centres at the universities of Warwick, Parma and Pittsburgh, in order to develop new communications technology and gain access to trained scientists.

Marconi has acquired Systems Management Specialists, the US operator of five data centres, for £76m.

Marconi has won a £430m contract to design and build a wireless communications network for Thrucomm of Florida.

Marconi is set to announce plans for a new factory at Ansty near Coventry to produce internet switches and routers, which could create up to 2,000 jobs.

Marconi is planning to expand its Fibreway fibre optic cable network from 1,300km to 3,000km over the next few years, and is also considering plans to sell off or float the business.

Marconi is to create 400 new jobs at sites in Nottingham, Coventry, Liverpool, London and Lincoln, due to rising demand for telecoms hardware and software.

Marconi has acquired MSI, the London-based wireless network consultancy, for £391m, as part of a strategy to position itself against the big telecoms companies.

Marconi is to invest £40m in a new communications technology centre at Cambridge University.

Marconi has acquired Australian Communication Solutions, the supplier of network design services, for £28m.

Marconi has sold its Network Components & Services business in Europe and China to Viasystems of the US for £70m, as part of a strategy to focus on telecoms and other high technology operations.

Marconi Communications is creating about 100 new jobs in Nottingham, as part of an expansion at its Beeston-based research facility.