Nortel Networks News

If you can't guess the one story that dominated Light Reading 's headlines throughout 2009, then you really weren't paying attention.

To borrow a well-worn phrase from the Clinton era: It's the economy, stupid. And in 2009, that economy was in a big retreat, and dragging nearly all of us along with it.

Nortel Networks has reached an agreement to sell its carrier voice assets to Genband Inc.

Genband , a local maker of telecom equipment, has bid at least $282 million for a unit of bankrupt Nortel Networks that makes equipment for running phone calls over the Internet.

Nortel Networks has entered into an agreement to sell its Carrier VoIP and Application Solutions business to Genband for US$282 million, it said on Wednesday.

Avaya, Inc., a US-based provider of communication systems, applications and services, has completed the acquisition of global enterprise solutions business of Nortel Networks Corporation.

The Enterprise Minister, Arlene Foster, has welcomed the announcement by US company Avaya that it has acquired Nortel's Enterprise Division.

The anxiety is over for 230 Nortel Networks workers in Research Triangle Park who have a new boss and a steady job.

Bankruptcy rates are a popular topic in the world we cover and always command great interest.

Verizon Communication Inc. has beat others to the punch in the ultra big-pipe game by lighting up a 100 gigabit-per-second link in its core for live traffic.

Chronicle, Raffy Boudjikanian. I.T. distributor sets up warehouse in Dorval Multi-billion dollar I.T. distributor Westcon Group, which deals with well-known industry giants such as Cisco Systems, Avea, and Nortel Networks, held the official launch recently of its new warehouse in Dorval.

Verizon Business has deployed 100Gb-per-second equipment on a fiber link between Paris and Frankfurt, activating the next generation of optical networking for commercial services to enterprises.

Despite selling itself off in pieces, Nortel Networks continues to rack up successes in VoIP.

Nortel Networks has unveiled the industry's first commercially available 100G solution and announced that Verizon has deployed the solution in its live customer network in Europe.

Hitachi has reportedly acquired next generation packet core network components from Nortel Networks Limited, Nortel Networks Inc., and Nortel Networks Technology for a total of US$10 million.

Hitachi Ltd. said Wednesday that it has bought software assets related to next-generation mobile communications systems from Nortel Networks Corp.

Discussion of a bill that would protect employees when their company goes bankrupt has been pushed back again in Canada's House of Commons.

Thank the United States Thanksgiving holiday for us missing this one: 72 Nortel Networks execs are taking home $7.5 million worth of bonuses this year.

Basking Ridge, N.J.-based Verizon has partnered with several vendors to offer telemedicine and telehealth services over its telecommunications network.

Nortel Networks has sold off another piece of its company. The Global System Mobile unit has been sold to Telefonaktiebolaget LM Ericsson and Kapsch CarrierCom AG in a joint bid for $103 million.