News tagged with telecommunications equipment

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Ciena bids $521M for Nortel business units

Technology / Business

created Oct 07, 2009 | popularity not rated yet | comments 0

(AP) -- Ciena Corp. is offering cash and stock worth $521 million to acquire some of Nortel's most-prized remaining business units as the fallen telecommunications company continues to liquidate.


US, Canadian judges approve Nortel bankruptcy sale

Technology / Business

created Sep 16, 2009 | popularity not rated yet | comments 0

(AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.


Sprint Nextel signs networking deal with Ericsson

Technology / Telecom

created Jul 09, 2009 | popularity not rated yet | comments 0

(AP) -- Sprint Nextel Corp. has signed a seven-year deal with LM Ericsson for the Swedish telecommunications equipment maker to take over operation of Sprint's wireless and wireline networks.


Nortel to sell itself off in pieces

Technology / Business

created Jun 20, 2009 | popularity not rated yet | comments 1

(AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company.


Motorola accuses ex-CFO of destroying evidence

Technology / Business

created Apr 15, 2009 | popularity 2.3 / 5 (3) | comments 0

(AP) -- Motorola Inc. accused its former chief financial officer Wednesday of hiding his tracks by wiping files from a company laptop.


Motorola calls former CFO "treacherous officer"

Technology / Business

created Apr 10, 2009 | popularity 2 / 5 (2) | comments 1

(AP) -- A former executive who sued Motorola Inc. for firing him is a "treacherous officer," the telecommunications equipment maker said in court documents responding to his lawsuit.