Nortel Networks news from FierceWireless

In the face of a continued economic downturn, Nortel Networks has revealed a preview of its third quarter results and revised down its full year outlook. The company said it expected third quarter... Read more >>

Tier 3 operator Cleartalk has deployed a CDMA network using Nortel Networks gear in the AWS spectrum in the Amarillo and Lubbock, Texas, markets. Cleartalk, which does business as Flat Wireless,... Read more >>

Alcatel-Lucent isn't the only vendor feeling the squeeze from a decrease in CDMA sales in North America. Nortel Networks today reported second quarter revenues of $2.6 billion, up slightly from $2.56... Read more >>

Three former executives from Nortel Networks were criminally charged in Canada with misstating the company's financial results in 2002 and 2003, according to the Royal Canadian Mounted Police. Frank... Read more >>

When it comes to 4G, Nortel Networks is putting its R&D efforts behind LTE and teaming with Alvarion to come up with an end-to-end mobile WiMAX solution. The shift is notable because in the past... Read more >>

Nortel Networks said its first quarter revenue rose 11 percent to $2.76 billion, largely due to deferred revenue from an LG Electronics joint venture that had been projected to wrap up in the second... Read more >>

Motorola hired Paul Liska as its new chief financial officer. Liska takes over for Tom Meredith who served as the interim CFO during the past few months. Meredith will remain on the company's board,... Read more >>

Nortel Networks posted a $37 million loss in its Q2 because of lower revenue and various charges. That's down from $342 million in net income this time last year. Some of the fees that affected the... Read more >>

TORONTO, ONTARIO -- February 06, 2007 -- Nortel(1) (TSX: NT)(NYSE: NT) today announced that Peter Currie will step down as Executive Vice-President and Chief Financial Officer of Nortel and Nortel

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Nortel networks is in a pickle, as it reported its seventh loss in the last nine quarters. It's embarking on a massive cost-cutting strategy with the goal to cut costs by $1.5 billion over the... Read more >>