| Nortel Business and Financial Restructuring letter Dear Friends of Nortel, Today, Nortel is filing for creditor protection in Canada, the United States and Europe in order to undertake a comprehensive business and financial restructuring. I firmly believe these are the right steps toward a solution for our company. This process will enable Nortel to become the highly focused and financially sound communications leader it should be. Nortel announces more layoffs Nortel Networks will further cut its workforce by 3,200 and eliminate bonuses as part of its ongoing bankruptcy reorganization. Nortel wants to unload application-delivery unit to Radware Nortel wants to sell off its application-delivery gear to Radware, but to keep on selling it under an OEM agreement. Nortel wants to speed up $17.65M Alteon sale Nortel Networks wants to speed up the sale of assets of its application-delivery division because it's worried it will get less money from the sale as time goes by, according to bankruptcy court documents filed on Friday. Nortel still signing up customers Nortel has signed up "hundreds" of new customers since filing for Chapter 11 bankruptcy protection three weeks ago, and is reconsidering its decision to sell its Metro Ethernet Networks business. Nortel to cancel room reservations at Las Vegas CTIA Wireless show Nortel is asking bankruptcy court to help it back out of rooms it booked for a trade show in Las Vegas just weeks before filing for bankruptcy that include a suite with double Jacuzzi and flat screen TVs in the bedroom, bathroom and living room. Cisco Type A phones and daylight savings bug Cisco Type A phones in Cisco Unified Communications Manger versions after 5.1 have a bug with daylight savings, reports Cisco Subnet blogger Dennis Hartmann. With the new 7925, Cisco offers three IP WLAN phones Cisco currently offers three different wireless IP phones. Each has its disadvantages and advantages. Dennis Harmann offers you a list of the pros and cons of each on his Cisco Unified Communications blog. Enter for a Microsoft training giveaway from New Horizons New Horizons Computer Training is offering a free Microsoft training course worth up to $2,500 to be given to one lucky Microsoft Subnet reader. Deadline for entry is March 31. Network World on Twitter Get our tweets and stay plugged in to networking news. |
No comments:
Post a Comment