Canadian and US courts have approved the sale of Nortel's CDMA and LTE assets to Ericsson. But the Canadian government may still intervene to keep the assets local.
Orange Business Services has migrated a sector of Siemens’ WAN to a converged Orange network in under a year. Orange Business Services offers a dedicated single point of contact service desk coupled with Orange’s presence in 166 countries
UK-based content delivery network vendor Velocix for an undisclosed sum.
BT has secured a five-year contract to deliver managed services for Commerzbank’s ITS.Netrix voice trading systems worldwide. The first phase will be the deployment at Commerzbank’s 650-desk trading centre in Frankfurt, Germany, with domestic and international centres to follow.
Recently ousted MySpace co-founder and CEO Chris DeWolfe has reemerged in the start-up game reportedly looking to raise €70 million (US$100m) for a roll up of an undisclosed internet industry vertical, Techcrunch reports.
Norwegian carrier Telenor will press on in the legal battle to hold its stake in Russian carrier Vimpel despite a court’s rejection of its application to dismiss an earlier court decision demanding that it surrender the stake. A Telenor lawyer told reporters in the courtroom that the company would appeal.
Alcatel-Lucent has appointed Victor Agnellini as senior vice president for transformation. The role which is based in Paris, will cover the transformation initiatives developed throughout the company into a single global project.