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Tag Archives: VoIP
Genband Snaps Up Carrier Business
The carrier VoIP business must be in rough shape or Nortel’s carrier VoIP isn’t doing that well after it appeared that no one else other than Genband was interested in the business.
In a press release, Nortel said today that Genband has acquired the business for US$182-million after taking into account “balance sheet and other adjustments” [...]
Carrier VoIP Officially on the Block
As the first anniversary of Nortel’s bankruptcy protection filing comes over the horizon, the company is seeking court approval to sell its carrier VoIP business to Genband Inc. for $282-million, which has submitted a “stalking horse bid”.
Genband, which was not among the speculated buyers for the business, will receive financing from One Equity Partners to [...]
VoIP Bids Coming Soon
According to Network World, Nortel is expected to receive bids for its carrier VoIP and application solutions business next week with an auction taking plan in January.
Catharine Trebnick, analyst with Avian Securities, said in a report that the potential bidders include GENBAND, NEC, Nokia Siemens Networks (NSN) and Sonus, or a consortium [...]
When It Comes to VoIP, Nortel Rules
What a weird week it has been for Nortel.
First, it announces the official launch of its super-duper 100G product; and then it’s selected as the VoIP Network Vendor of the Year in the Telecom Asia Readers’ Choice Awards.
“This recognition reinforces Nortel’s long-standing leadership in the global carrier VoIP and softswitch market, a position Nortel [...]
Could a New Nortel Emerge?
Just a crazy thought on a cold, winter afternoon but is there a chance that Nortel could emerge from bankruptcy protection rather than disappearing after selling all of its assets?
Let’s assume that LG acquires the stake in the Nortel-LG joint venture, and Nortel sells off some minor assets. That would leave it with the carrier/carrier [...]
A Note from Genband CEO Charlie Vogt