| | Call Details | Telefon AB LM Ericsson to acquire majority of Nortel's North American wireless business Conference Call Mon,
Jul 27, 2009, 10:00 am Eastern
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(Other OTC:NRTLQ.PK) |
| | Nortel Networks Corporation designs, develops, engineers, markets, sells, supplies, licenses, installs, services, and supports networking solutions worldwide. Its Carrier Networks segment offers wireline and wireless networks to supply mobile voice, data, and multimedia communications services to individuals and enterprises using cellular telephones, personal digital assistants, laptops, soft-clients, and other wireless computing and communications devices. This segment also provides circuit- and packet-based voice switching products that offer local, toll, long distance, and gateway capabilities. The companys Enterprise Solutions segment provides unified communications, Ethernet routing and multiservice switching, Internet protocol (IP) and digital telephony, wireless local area networks, security, IP and session initiation protocol (SIP) contact centers, self-service solutions, messaging, conferencing, and SIP-based multimedia solutions. Its Global Services segment offers network implementation services, including network integration, planning, installation, optimization, and security services; network support services, such as technical support, hardware maintenance, equipment spares logistics, and onsite engineers; network managed services, including services related to the monitoring and management of customer networks, and providing network managed service options; and network application services, such as applications development, integration, and communications-enabled application solutions. Nortels Metro Ethernet Networks segment provides carrier ethernet switching, optical networking, and multi-service switching products. It has strategic alliances principally with Microsoft Corporation; Dell, Inc.; and IBM. The company was founded in 1914 and is headquartered in Toronto, Canada. On January 14, 2009, Nortel Networks Corporation filed for creditor protection under the Companies' Creditors Arrangement Act in Canada. |
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