Nortel: Bye, WiMax
By June 2008, Unstrung reported that Nortel had "flunked WiMax" upon signing its deal with Alvarion Technologies Ltd. (Nasdaq: ALVR) and had decided not to forge ahead with its own WiMax access network products.
Now it's January 2009, and Nortel is officially out of the mobile WiMax market altogether.
The Decline and Fall continues, and we wonder how serious Nortel really is about LTE, IPTV, and other markets?
Is it reasonable to expect Nortel, in its damaged state, to compete in any market where it doesn't already have a big installed base of switches to provide an income cushion?
— Phil Harvey, Editor-in-Chief, Light Reading