Nortel Sells Stake in LG Venture to Ericsson

After nearly a year, bankrupt Nortel Networks has secured the “sound future” it sought for its share of the joint venture with LG Electronics (LGERF.PK). On Wednesday, Ericsson (ERIC) said it will buy the 50-percent-plus-one-share stake for $242 million and change the initiative’s name to LG-Ericsson. Ericsson has been the rumored buyer since March. The Nortel-LG project, […]

LG-Nortel, Accton Team on Voice, Data in U.S., Canada

LG-Nortel and Taiwan-based equipment company, Accton, have announced a joint venture that will offer voice and data solutions to North American small and medium businesses and large enterprises. LG-Nortel will own a 60 percent share in the joint venture and Accton Group will own 40 percent. The new company will be tentatively named Edgecore Networks Inc., which […]

Sony Ericsson: Were Not Looking at Nortels LG Stake

Sony Ericsson says it’s not the company rumored to be keen on buying Nortel Networks Corp.’s stake in the LG-Nortel venture. A news story from South Korea on Wednesday said Sony Ericsson and Alcatel-Lucent are prepared to vie for Nortel’s share in the LG deal. Alcatel-Lucent is the other company being posited as an acquirer, […]

Telamon to Distribute LG-Nortel Ethernet Solutions

A new agreement means Telamon will distribute LG-Nortel’s WDM-PON Ethernet Access solutions across North America. Telamon will distribute the solutions to its existing customer base and into new accounts, meeting rapidly growing demand for fiber-optic access solutions as carriers increasingly roll out fibre-to-the-business/home/basestation (FTTx) services to residential and business customers. The LG-Nortel portfolio is one […]

LG-Nortel Signs Ethernet Sales Deal in Finland

K&K Active Oy, a value-added distributor of data transfer and telecommunications products, has reached an agreement with LG-Nortel to be its exclusive Ethernet Fiber Access solution sales channel in Finland. The Nortel Ethernet Fiber Access solution, based on Wave Division Multiplexing Passive Optical Network (WDM-PON) technology, will enable K&K to address customers interested in next-generation […]

LG-Nortel Unveils Line of Desktop IP Phones

The new standards-compliant IP Phone 8800 series by LG-Nortel, a joint venture of LG Electronics (LGERF.PK) and Nortel (NT), delivers IP telephony functionality for enterprises, SMBs and carrier-hosted VoIP services. Incorporation of a wide-band codec enables the LG-Nortel IP Phone 8800 series to deliver the best voice quality at all times, the company said. The LG-Nortel IP […]

Product Showcase: Microsoft OCR-Compatible Gear

Ericsson Enterprise Mobility GatewayEricsson will build the next generation of its Enterprise Mobility Gateway on Microsoft Office Communications Server 2007s VoIP call management platform to give enterprises a fast and cost-effective route to fixed-mobile convergence. The company says this will enable business users to use their mobile devices as extensions of their corporate communications network. […]

Covad to Distribute LG-Nortel VoIP Phones

Covad Communications Group Inc. partners soon will be able to sell VoIP phones made to the very small business and small business marketplace. Covad has made a distribution agreement with Vodavi Technology Inc., whose partner and largest shareholder, LG-Nortel Co. Ltd., will make the phone models. Vodavi will provide sales and support. The 6800 Series […]

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