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April 1, 2019
2 Min Read
Nortel's back!!
Just when you thought the world didn't have any surprises left, a consortium of Canadian and Asian private equity investors has sprung up to pump US$150 million into the resurrection of Nortel Networks, one of the biggest ever names in the telecom world.
And with an eye on the future, and 5G already so hotly contested, the Montreal-based "New Look Nortel" is to focus on the development of components and software for 6G networks, Light Reading learned early this morning.
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