Topic: Nortel Networks Corporation
Without a doubt some of you actually remember the old style rotary phones that briefly made an appearance in business, but now times have changed and they just will not work. The touch tone phone has continued to lead the way, and every single business has adopted it. But as time went by, it was recognised that there was need ...
Nortel Networks Corp. said Wednesday it has agreed to sell nearly all the assets of its Carrier Voice over Internet Protocol and Application Solutions business globally to Genband Inc. for $282 million. Nortel, based in Toronto, has been selling its operations piece by piece since ...
NEW YORK (Reuters) - Ciena Corp <CIEN.O> posted a wider-than-expected quarterly loss due to rising costs, sending its shares down 4.8 percent in early trade despite revenue that handily beat Wall Street estimates. Even Ciena's prediction that current quarter revenue would also beat estimates failed to cheer up investors who are also nervous about how Ciena ...
Telephone and computer software company Avaya Inc. said Friday that Canada's minister of industry approved its acquisition of the enterprise solutions unit of Nortel Networks Corp. Avaya agreed in September to buy Nortel Enterprise Solutions for $900 million, with an additional $15 million for an employee ...
