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+Vote!

Ericsson Plans to Close Nortel Deal "Very Soon"

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

3Vote!

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

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...

3Vote!

Hitachi reaches $10M deal to buy Nortel assets

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)

3Vote!

Nokia Siemens To Restructure, Lay Off 5,700

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

3Vote!

VoiceCon 2009: Measuring Avaya Nortel Deal Impact

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

3Vote!

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

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

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3Vote!

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

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...

3Vote!

Six questions for Mark Henderson

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

3Vote!

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

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...

3Vote!

Hitachi bids $10M for Nortel unit

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.

3Vote!

Tories unveil pension reform plan

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

3Vote!

Grits take aim at pensions as Flaherty vows reforms

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.

3Vote!

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

Sale of Certain Next Generation Packet Core Networks Components

3Vote!

Hitachi to pay $10M for some Nortel network assets

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

3Vote!

Hitachi to pay $10M for some Nortel network assets

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