Nortel talks growth

Nortel CEO Mike Zafirovski told a group of reporters at a CTIA press briefing yesterday afternoon that the company will consider exiting any market where it holds less than a 6 percent share as part of a plan to turn the company around amid its struggling financial position. But the company is moving full force into both the WiMAX and IMS markets, adding that "our financial realities dictate that we must choose our served markets." WiMAX is surprisingly a key focus for Nortel, which executives say will be a key technology for alternative operators like satellite carriers. While Intel and others are hailing the coming of mobile WiMAX, or 802.16e, Nortel says initial deployments will be largely a data play with a focus on nomadic solutions, not mobile handoff, which those developing the standards haven't put a lot of effort into defining. That's because folks are realizing there might not be a lot of demand for high-speed mobile handoff in light of EV-DO and HSDPA.

To read more about Nortel's turnaround plans:
- check out this article from EE Times