TORONTO – In an effort to shore up its carrier business, Nortel will discontinue its mobile WiMAX business and end its joint agreement with Alvarion Ltd.
"We are taking rapid action to narrow our strategic focus to areas where we can drive maximum return on investment," said Richard Lowe, president of carrier networks for Nortel. "We will work closely with Alvarion to transition our mobile WiMAX customers to them and assure customers that they will continue to benefit from leading-edge technology and high-quality service. Our continued success in the wireless business requires us to focus our energy on opportunities with long-standing customers. This will position Nortel more effectively to capitalize on future resurgence of carrier spend levels and drive value to the business."
Nortel announced the agreement with Alvarion back in June 2008, pledging to integrate Alvarion’s radio access network technology with Nortel’s core network solutions, backhaul solutions, and global services. The deal also covered the resale by Nortel of the Alvarion platform of WiMAX access products.
