Nortel still backing LTE, puts MEN sale on hold

Nortel Networks, as it restructures through Chapter 11 bankruptcy and despite its decision to exit the mobile WiMAX business, said that it was still investing significant resources in Long Term Evolution (LTE) technology. Additionally, it said that it was postponing the sale of its Metro Ethernet Networks (MEN) business, which it had been shopping for months. Article, MEN Article

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