Nortel
|
+
GENBAND Scoops Up Nortel Carrier VoIP Assets
2/24/10 at 10:21 AM by Telecompetitor
Acquisition Will Join Leading Softswitch/Application Technology with Leading Gateway Technology
PLANO, Texas--(BUSINESS WIRE)--GENBAND, Inc., a leading developer of next-generation media, session and security gateway solutions, today announced that it will acquire substantially all assets of the Nortel Carrier VoIP and Application Solutions Business (CVAS). The acquisition is subject to court and certain regulatory approvals in Canada, the United States and other ...
|
|
|
GENBAND In Line To Buy Nortel Carrier VoIP Assets
12/23/09 at 9:35 AM by Telecompetitor
* Enters into sale agreements with GENBAND, Inc. for a purchase price of US$282 million, subject to balance sheet and other adjustments currently estimated at approximately US$100 million
* Sale of business is best path forward for the future of Nortel’s Carrier VoIP and Application Solutions customers, employees and business
* Agreements include the planned sale of substantially all assets within ...
|
Nortel Sell Off Begins
6/22/09 at 2:37 PM by Telecompetitor  The dissolution of Nortel following its bankruptcy filing took a big step forward with the June 19 announcement that management has entered into a 'stalking horse' asset sale agreement with Nokia Siemens Networks (NSN) for 'substantially all' of its CDMA business and LTE access assets for $650 million.
"Seeking a strong and stable buyer is the best path forward for our CDMA business and LTE Access ...
|
Saving Nortel?
6/1/09 at 10:15 AM by Telecompetitor Some former Nortel executives are lobbying the Canadian government to save Nortel from being sold off in parts. The plan looks like a government bailout of Nortel, with Canada assuming control of the company. The former executives seem to be invoking some national pride to warrant a bailout. Additionally, as a part of the plan, Nortel, the Canadian government, and other Canadian hi-tech ...
|
MetaSwitch: We’re Number One
5/29/09 at 11:36 AM by Telecompetitor  MetaSwitch announced that recent research done by Infonetics confirms that they are the “number one supplier of Class 5 softswitch licenses with 18.4 percent share.” If you look at just North America, the percentage jumps to 60 percent. Given MetaSwitch’s relatively young age, the numbers are impressive.
Full disclosure – our parent company Pivot Media does consulting work for MetaSwitch. But that doesn’t stop us from commenting ...
|
Nortel Breaking Up?
3/11/09 at 8:36 PM by Telecompetitor Chapter 11 bankruptcy is a tough business. While more complicated options exist, companies in chapter 11 generally emerge as a smaller, leaner company, slip into chapter 7 liquidation, or sell themselves in whole or in parts. For Nortel, the Canadian based telecom equipment vendor, the latter may be coming true. The Wall Street Journal reports that Nortel is in talks with its competitors to break itself ...
|
Nortel Files for Chapter 11 Bankruptcy
1/14/09 at 8:15 AM by Telecompetitor According to the Wall Street Journal (subs. required), Nortel filed for Chapter 11 bankruptcy today. The move isn’t surprising. Speculation has been building about Nortel’s fate for some time now. They’ve been battered over recent years and with today’s economic climate, their fate was pretty much sealed months ago. They owe bondholders more than $3.8 billion. Now the question is, can they emerge, or are they done for good?...
|
|
|
Mediacom Expands Triple Play Capability, Capacity
12/3/08 at 7:51 AM by Telecompetitor
TORONTO – Mediacom Communications has selected a Nortel [NYSE/TSX: NT ] 40G Optical Solution to expand its network and meet increasing bandwidth demands. The new network will run across Chicago, Illinois, Des Moines, Iowa, and Omaha, Nebraska delivering telephone, high-speed Internet and TV services – including high-bandwidth applications like HDTV and Video on Demand (VoD). ...
|
|
|
Verizon Business Teams With Nortel for Managed Telepresence Service
11/16/08 at 5:59 PM by Telecompetitor
BASKING RIDGE, N.J. - To make it easier for businesses to collaborate over their IP networks by employing advanced video-meeting capabilities in their daily operations, Verizon Business is teaming with Nortel to deliver a new managed telepresence service.
The managed service, which complements Verizon Business' existing video collaboration portfolio, provides complete setup and management of telepresence conferences, including pre-connected and ...
|
Nortel Launches “Office on a Stick”
9/1/08 at 11:00 PM by Telecompetitor Nortel announced the launch of “Secure Portable Office,” which provides the hardware, software and services to provide secure network access for remote workers through a single USB thumb drive. When inserted into any computer or laptop, the solution creates a secure network connection through a Nortel VPN Gateway and a virtual desktop providing a menu of authorized network applications. When the USB key is removed, the ...
|
