Verizon Wireless’ decision to use long-term evolution technology could make life, well, interesting for Nortel.
LTE is technology supported by the GSM community – a market where Nortel has a minor presence. At first blush, this suggests that Verizon’s decision could be bad news for Nortel.
The silver lining, however, is CDMA (the technology used within Verizon’s network) and LTE can play nice together. This means Nortel, which signed a five-year, $2-billion agreement to provide Verizon with CDMA equipment a year ago, could actually benefit from Verizon’s embrace of LTE.
Scott Wickware, Nortel’s VP of marketing and mtrategy for carrier networks, Nortel, told TMCnet that “Nortel is looking forward to helping Verizon Wireless enhance its current CDMA network, which already offers innovative mobile multimedia services, and explore a seamless evolution path to 4G LTE and true mobile broadband for their subscribers.”
Verizon’s Embrace of LTE
Verizon Wireless’ decision to use long-term evolution technology could make life, well, interesting for Nortel.
LTE is technology supported by the GSM community – a market where Nortel has a minor presence. At first blush, this suggests that Verizon’s decision could be bad news for Nortel.
The silver lining, however, is CDMA (the technology used within Verizon’s network) and LTE can play nice together. This means Nortel, which signed a five-year, $2-billion agreement to provide Verizon with CDMA equipment a year ago, could actually benefit from Verizon’s embrace of LTE.
Scott Wickware, Nortel’s VP of marketing and mtrategy for carrier networks, Nortel, told TMCnet that “Nortel is looking forward to helping Verizon Wireless enhance its current CDMA network, which already offers innovative mobile multimedia services, and explore a seamless evolution path to 4G LTE and true mobile broadband for their subscribers.”
For more, check out CNet’s Crave blog.
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