Brazilian pay TV operator TVA said Thursday that it has tapped Nortel to build a trial mobile WiMAX network in the Latin American country. Nortel will deploy its mobile MIMO-powered WiMAX 802.16e infrastructure in the 2.5GHz spectrum, allowing TVA to deliver high speed broadband net access, mobile TV and video, VoIP, streaming media, data applications [...]
Canadian vendor Nortel said late Wednesday that Peter Currie will step down as executive vice president and chief financial officer on April 30. The company has begun searching for a new candidate and Currie will continue to provide advice and assistance during the transition. Mike Zafirovski, president and CEO of Nortel said “Peter has successfully [...]
Microsoft and Nortel’s deepening co-operation has gone a step further, as the two companies announced a “road-map” for the development of new VoIP and messaging products and presented two major customers, Royal Dutch-Shell plc and International SOS of Singapore. Microsoft’s big interest in this field is to get into the market for enterprise level comms [...]
Alcatel-Lucent said Tuesday that its acquisition of Nortel Networks Corp.’s UMTS radio access business, is now complete, after it won regulatory approval over the holiday period. Nortel received a cash payment of £163m ($320m) minus “some deductions”, the company said in a statement. The Nortel purchase is the largest the newly formed Alcatel-Lucent has made [...]
Alcatel announced Friday that it had signed a non-binding memorandum of understanding with Nortel to acquire its UMTS network radio access business and related assets for $320m (£168m). Under the transaction, Alcatel said it “intends to acquire Nortel’s UMTS radio access technology and product portfolio, associated patents and tangible assets as well as customer contracts”. [...]
Industry analysts are speculating that Canadian vendor Nortel may be planning to spin off its UMTS business following rumours of organisational changes within the company. Nikos Theodosopoulos, analyst with investment bank UBS, said that he has received information which suggests that Nortel has organisationally separated the GSM and UMTS access businesses, “a move that may [...]