Swedish telecom equipment and solutions provider Ericsson (STO:ERIC B) announced the completion of the acquisition of the multi-service switch (MSS) business of Canadian sector company
Nortel Networks (PINK:NRTLQ) for USD65m (EUR46.8m) in cash.
Nortel Networks Corporation (OTCBB:NRTLQ), together with its operating subsidiary
Nortel Networks Limited and certain other subsidiaries including
Nortel Networks Inc and
Nortel Networks UK Ltd, announced on Saturday that it has concluded the successful auction or substantially all the assets of its Multi Service Switch businesses.
Nortel Networks Corporation (OTCBB: NRTLQ), a telecoms equipment and services specialist, today announced that together with its subsidiary
Nortel Networks Limited and certain other of its subsidiaries including
Nortel Networks Inc and
Nortel Networks UK Limited, it will not proceed to auction and will work towards closing the asset sale previously announced on 23 December 2009, in which GENBAND Inc will acquire substantially all the global assets of Nortel's Carrier VoIP and Applications Solutions (CVAS) business.
Nortel Networks' CEO Mike Zafirovski will leave the troubled provider of telecommunications equipment in the coming weeks, The Wall Street Journal reported on Saturday, citing anonymous sources.
Telecommunications firm
Nortel Networks has announced it will stop making its own equipment and will rely instead on a Singapore-based contract manufacturer to oversee $2.5 billion worth of work each year.
said July 9 it will begin offering new and advanced data services to local and roaming wireless subscribers in Aruba based on a General Packet Radio Service (GPRS) solution from
Nortel Networks (NYSE:NT)(TSX:NT).
Building on its leadership in delivering next generation optical networking technology,
Nortel Networks (NYSE:NT)(TSX:NT) today introduced the Common Photonic Layer, a new DWDM (dense wavelength division multiplexing) optical transport platform that is designed to transform and converge networks across service provider, enterprise and cable MSO (multiservice operators) markets.
NORDIC BUSINESS REPORT-26 May 2004-Nera ASA expects partnership with
Nortel Networks to be worth up to USD20m this year(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
Nortel Networks has announced plans to enhance its enterprise convergence portfolio to help small- and medium-sized businesses (SMBs) as well as enterprise branch offices to drive lower communication costs, simplify network operations and extend infrastructure investments by eliminating single-purpose devices in favor of multipurpose converged solutions.
ARRIS (NASDAQ:ARRS), Duluth, Ga., has successfully completed interoperability testing between its PacketCable(TM) and DOCSIS(R) 1.1 qualified Cadant(R) C4(TM) CMTS and Touchstone MTAs and
Nortel Networks PacketCable qualified Succession Communication Server (CS) 2000 superclass softswitch series.