Nortel pledges to offer more re-org details

With partners such as JDS Uniphase and Andrew, among others, saying they need more details from Nortel Networks about its bankruptcy protection plans, the Canadian network equipment vendor reportedly plans to offer more details soon. Nortel's bankruptcy protection period was extended to May 1.

Perhaps the complaints from companies that supply Nortel with technology components are typical to bankruptcy protection situations, but not all that much has been clear yet about Nortel's future plans, other than a plan to cut jobs and costs, and skip the Mobile WiMAX market. Nortel also said it would pull back on an earlier plan to sell its Metro Ethernet unit, a move which would have delivered some cash, though Nortel may have had to settle for less money that it had hoped to gain.

For more:
- Network World has this post

Related articles
Nortel filed for bankruptcy protection last month
Nortel said it would put off selling its Ethernet unit

Suggested Articles

According to Synergy Research Group, as of the middle of this year, there are 541 hyperscale data centers with another 176 in the pipeline.

Due to increased connectivity demand into Asia-Pacific, Telstra is beefing up its network infrastructure in the U.S. by adding two points-of-presence.

Adtran is provisioning multi-gigabit speeds in rural Mississippi through the deployment of its XGS-PON technology.