Nortel Networks

Ericsson Plans to Close Nortel Deal "Very Soon"

Internet News (Free subscription) | 06/11/2009

Deal will give Ericsson more than 50 percent of the market for wireless networking equipment.

Press Release - Acision appoints Atanu Choudhury as Vice President & General Manager for South West Asia

Just In Just Out (Free subscription) | 04/11/2009

Dear Murali, Acision, the world's leading messaging company, today announced the appointment of Atanu Choudhury as Vice President and General Manager for South West Asia. Choudhury has extensive experience in the telecommunications industry working with mobile operators, equipment vendors and system integrators, and will oversee Acision’s South West Asian operations and will be instrumental in...

Hitachi reaches $10M deal to buy Nortel assets

bizjournals (Free subscription) | 04/11/2009

The slow but steady sell-off of bankrupt Nortel Networks took another step forward Tuesday when Hitachi Ltd. (NYSE: HIT) agreed to pay Nortel $10 million for the rights to certain software and equipment that facilitate the transfer of data over wireless networks. (HIT)

• Hitachi reaches $10M deal to buy Nortel assets - The Triangle Business Journal

Nokia Siemens To Restructure, Lay Off 5,700

Information Week (Free subscription) | 03/11/2009

Parent company Nokia's sweeping reorganization plan will cut $740 million annually from the networking unit.

VoiceCon 2009: Measuring Avaya Nortel Deal Impact

Information Week (Free subscription) | 03/11/2009

Avaya's planned acquisition of Nortel raises many questions for businesses with existing Nortel equipment.

Strategic Cloud Productivity Company Spyrel Inc. Forges Executive Team Whose Legacy Uniquely Qualifies the Company to Guide Businesses in Leveraging the Cloud Wisely

PRWeb - Daily News Feed (Free subscription) | 31/10/2009

Strategic cloud productivity company Spyrel Inc., an official consulting partner to salesforce.com, has announced the formation of an executive team steeped in experience in the legacy of the cloud and in the instant delivery of it now. (PRWeb Oct 30, 2009) Read the full story at http://www.prweb.com/releases/strategic_cloud/productivity_solutions/prweb3141144.htm

Nortel: Nortel and Ericsson Amend Asset Sale Agreement to Provide for Closing Date Extension

Market Wire (Free subscription) | 30/10/2009

TORONTO, ONTARIO (MARKET WIRE) Nortel(1) Networks Corporation (OTCBB: NRTLQ) announced today that it, together with its principal operating subsidiary Nortel Networks Limited and Nortel Networks Inc., entered into an amendment of its previously announced asset sale agreement with Telefonaktiebolaget LM Ericsson ("Ericsson") regarding the sale of substantially all of Nortel's CDMA business...

Six questions for Mark Henderson

Globe and Mail (Free subscription) | 29/10/2009

Everyone wanted a piece of Nortel. Meet the guy who got a good chunk

Nortel: Nortel Provides Update on Auction Date for the Sale of its GSM/GSM-R Business; Obtains Further Extension of Stay Period Under CCAA

Market Wire (Free subscription) | 28/10/2009

TORONTO, ONTARIO (MARKET WIRE) Nortel(i) Networks Corporation (OTCBB: NRTLQ) announced today that in light of the current status of the Company's various divestiture activities and asset sales, it has determined, after discussions with interested parties, that it is preferable to schedule the auction in relation to the sale of its GSM/GSM-R business at a later date than initially planned. The anticipated...

Hitachi bids $10M for Nortel unit

CBC.ca (Free subscription) | 28/10/2009

Nortel Networks Corp. has come to an agreement with Hitachi Ltd. on the sale of its next-generation packet core network component assets for $10 million US.

Tories unveil pension reform plan

atHome Top Story (Free subscription) | 28/10/2009

Facing mounting concern about the state of public pensions, Finance Minister Jim Flaherty Tuesday proposed reforms to pension plans at federally-regulated companies.

Grits take aim at pensions as Flaherty vows reforms

atHome Top Story (Free subscription) | 27/10/2009

A Conservative government answer to the country's national pension "crisis" was criticized by Liberals Monday for falling well short of helping Canadians facing the prospect of living in poverty in their golden years.

Nortel Enters into Agreement for Sale of Certain Next Generation Packet Core Network Components

Nortel News Releases (Free subscription) | 26/10/2009

Sale of Certain Next Generation Packet Core Networks Components

• Nortel Agrees to Sell Select Packet Core Network Components to Hitachi - cellular-news

Hitachi to pay $10M for some Nortel network assets

Rocky Mount Telegram - Business (Free subscription) | 26/10/2009

SAN FRANCISCO — Nortel Networks Corp. said Monday it agreed to sell some of its next-generatio...

Hitachi to pay $10M for some Nortel network assets

Daily Advance - Business (Free subscription) | 26/10/2009

SAN FRANCISCO — Nortel Networks Corp. said Monday it agreed to sell some of its next-generatio...