Nortel sees slower CDMA sales

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 billion a year ago. However, the company had a net loss of $113 million, compared with a net loss of $37 million a year ago. The firm blamed the losses on economic weakness, competitive pressures and a reduction in spending from key North American customers. Nortel also said that its CDMA sales were down from $494 million last year to $446 million this year. On the GSM side, revenues were up more than 11 percent to $448 million.

Nortel announced earlier this summer that it was shifting its R&D efforts to LTE and teaming with Alvarion on all WiMAX initiatives.

For more:
- see this Light Reading story
- See this WSJ story (sub. req.)

Related articles:
Alca-Lu stung by CDMA weakness
Nortel teams with Alvarion on WiMAX; focus moves to LTE

Sponsored by SNS Telecom

Shared & Unlicensed Spectrum in the 5G Era

Learn how shared and unlicensed spectrum will transform cellular communications in the 5G era. Featuring enabling technologies, key trends, business models, applications, spectrum availability, case studies and 5G NR/LTE equipment forecasts.