Nortel Networks

Google on a mission to stock up its patents war chest

Google looks to be filling its patents war chest further, if rumours of a bid for bankrupt Israeli device manufacturer Modu are accurate. With the Android platform under increasing threat from patent challenges, Google is reported to have offered $2m for the patent portfolio of the company, which was founded by USB-Flash drive inventor Dov Moran and which made what it claimed to be the world’s lightest modular mobile phone.

Nortel on WiMAX R&D spree

According to Nortel Networks CTO, John Roese, the Canadian vendor has pushed up its research spending on WiMAX from $10m to $100m over the last 12 months. After one year in the job, Roese is clearly mad keen to show off the company, especially a big change in the main goals of its research work. […]

Nortel to restate results…again

Canadian equipment vendor Nortel Networks said Thursday it will restate financial results for 2004, 2005 and the first nine months of 2006, and will make adjustments to periods prior to 2004. The announcement does not bode well for the company, which is still getting back on track after being rocked by long running financial scandal. […]

Nortel chases growth with ‘forceful optimism’

Canadian telecoms equipment maker Nortel Networks revealed its strategy for the next few years Wednesday, and promised a new vigorous company blessed with “forceful optimism”. Chief executive officer Mike Zafirovsky told reporters at a press event in London that the past is the past and for the next five years the company will be focusing […]

Nortel back in the black

Canadian vendor Nortel Networks swung back into profitability during the second quarter, recording net earnings of $366m (£194m) compared to a loss of $167m in the year ago period. Revenues also increased from $2.38m a year ago to $2.74m in 2005. Net earnings during the quarter included a shareholder litigation recovery of $510m, reflecting a […]

Nortel to sell out of GSM business?

Beleaguered Canadian vendor Nortel Networks is reportedly planning to hive off its GSM business for up to $1.9bn (£1bn) and Alcatel is in the picture as the buyer. Nortel is not a strong player in the GSM infrastructure market in comparison to Ericsson and Nokia, and the vendor has so far been left out of […]

Microsoft and Nortel pair up on ‘Shared Vision’

An alliance to create a business service that combines communications technologies in an effort to simplify how workers communicate, has been signed by Microsoft and Nortel Networks. The technology giants have pledged a four-year agreement that will allow, for the first time, cross-licensing of intellectual property for a new “unified communications” system. The companies said […]

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