Briefs: Nortel, Huawei team on ultra-broadband

Feb 01, 2006

Nortel and China's Huawei Technologies will set up a global joint venture to develop solutions for ultra-broadband access.

Ultra Broadband allows companies to deliver voice, data, video and wireless broadband services to business and residential customers using a common fixed wireless or fixed-line platform, including copper wires.

The new company established under Wednesday's memorandum of understanding will focus on enhancements of Huawei's broadband access portfolio along with the development of ultra-broadband products. Canada-based Nortel brings to the table its networking technologies and marketing clout.

"This joint venture ... combines the strengths of Huawei and Nortel into a company that can aggressively target and win share in the rapidly expanding ultra broadband market," said Nortel President Mike Zafirovski. "This will create a powerful new player in what is a high growth market."

Nortel said it would be majority owner of the new joint venture, which is expected to be formalized in the third quarter, and is already working on product development.

Copyright 2006 by United Press International

Explore further: Research shows how householders could stay warm for less simply by storing heat better

add to favorites email to friend print save as pdf

Related Stories

Nortel, Sierra boast EV-DO Revision A test

Mar 24, 2006

Nortel and Sierra Wireless Friday announced the first test calls using the EV-DO Revision A technology that is expected to run faster wireless applications.

Eyes on Huawei-Nortel broadband deal

Feb 02, 2006

Nortel's decision to tie up with China's Huawei Technologies to develop broadband access is seen as a good deal for the Canadian telecommunications group. Yet some industry analysts are questioning whether the same could ...

Recommended for you

BlackBerry courts iPhone users with cash

6 hours ago

Canadian smartphone maker BlackBerry is wooing Apple customers with a cash offer for trade-ins of iPhones for its new square-screened, keyboard-equipped Passport.

HP earnings show continued struggle

7 hours ago

Venerable tech giant Hewlett-Packard has been struggling for three years to turn its business around. Its latest earnings show it still has more work ahead.

UN moves to strengthen digital privacy (Update)

8 hours ago

The United Nations on Tuesday adopted a resolution on protecting digital privacy that for the first time urged governments to offer redress to citizens targeted by mass surveillance.

Spotify turns up volume as losses fall

8 hours ago

The world's biggest music streaming service, Spotify, announced Tuesday its revenue grew by 74 percent in 2013 while net losses shrank by one third, in a year of spectacular expansion.

Are electric cars greener? Depends on where you live

8 hours ago

Long thought a thing of the future, electric cars are becoming mainstream. Sales in the United States of plug-in, electric vehicles nearly doubled last year. Credible forecasts see the number rising within ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.