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Nortel Loses Out on Sprint’s WiMax Plans
According to the Wall St. Journal (hat tip to Seeking Alpha), Sprint has rounded out its WiMax suppliers by selecting Nokia ahead of Alcatel-Lucent and Nortel. Nokia will join Motorola and Samsung Electronics to supply technology for Sprint’s $3-billion WiMax network over the next two years. This can’t be good news for Nortel, which has pinned a lot of its future growth on WiMax. That said, Sprint is just a single contract so it’s not like Nortel’s WiMax dreams have evaporated (much like Nortel now appears to be back in BT’s good books after missing out on the 21CN contract). But it would have been a solid signal to the market if Sprint had tapped Nortel.
Technorati Tags: Nortel, Wireless