It was almost a complete wipeout for Verizon’s network business in North America and China as Alcatel-Lucent, Ericsson, and Nokia Siemens stole the show.
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After a long, hard fall and talk of a possible bailout, the Canadian telecom icon chooses protection from its creditors.
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Paris-based company says it will trim 1,000 managers, 5,000 contractors, and cut costs related to its massive legacy business.
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With significant financial exposure for Canadian investors, the Ottawa government is unlikely to let the one-time national icon sink into (rumored) bankruptcy.
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Monumental losses, layoffs, employee buyouts, and lowered forecasts marked a difficult week for telecom, but startups could be the biggest casualties to come.
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The Canadian company will shed 1,300 jobs and divide itself into three business units that analysts say are being readied for sale.
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Rival believes there is need for new network design but said Cisco is too wedded to its proprietary software and revenue stream to lead the change.
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Network router pioneer outlines a new strategic vision, one placing it on a collision course with Microsoft and IBM.
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Canadian network gear supplier plans to use DiamondWare's technology to give voice to a virtual reality business application it plans to market later this year.
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A well-financed wireless broadband carrier with well-heeled backers motivated to innovate could jolt the WiMAX community out of its inertia.
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Report says established vendors are dominating the emerging wireless market, but don't count out VC-backed WiMAX specialists.
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The Internet phone call company settles a patent dispute with Nortel Networks, putting to rest the last of the major disputes against Vonage.
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CDMA's poster child plans to commit to wireless broadband technology known as Long Term Evolution, which offers global compatibility with its partner Vodafone.
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The joint venture’s first acquisition is a late-stage startup in the suddenly hot Ethernet market.
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Companies plan to offer unified communications but face growing interest from the likes of Microsoft, Cisco, and Nortel.
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‘90s icon has rediscovered its appetite for startups.
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Internet voice market leader Vonage Holdings is asking a Delaware court to invalidate patent infringement counterclaims being filed by telecommunications equipment maker Nortel Networks.
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Nineties networking icon, rediscovering its appetite for startups, goes shopping for fiber optic, WiFi and 4G systems makers.
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Redmond gets closer to goal of owning business VoIP and beating Skype and Vonage at their own game.
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Tech behemoths team up on unified messaging and VoIP systems.
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