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Ciena buys Nortel business units for $769M

Charlotte Observer (N.C.), The | 16 hours 49 minutes ago

TORONTO Ciena Corp. and Nortel Networks Corp. said Monday that Nortel has sold its global optical networking and carrier ethernet businesses to Ciena for $769 in cash and debt. ... (more)


Reports: GE, Vivendi Differ on Value of Vivendi's Stake in NBCU; Will Vivendi Take Interim Payment Anyway? NY Times; Reuters

TVWeek.com | 16 hours 55 minutes ago

General Electric?s talks to buy Vivendi?s 20 percent stake in NBC Universal stalled over how much the stake is worth, the New York Times reports, citing anonymous sources.... (more)


GSMA Show Promotes Apps, Android and Green Energy

Yahoo! | 16 hours 56 minutes ago

Mobile phone apps able to work on all OSs instead of just one, the potential for Android to become a major OS and the promotion of ways to save energy were all major areas of focus at the Mobile Asia Congress organized by the GSM Association (GSMA) last week in Hong Kong.... (more)


South Koreans to get Apple's iPhone this week

Yahoo! | 16 hours 57 minutes ago

Apple Inc's iPhone is coming to South Korea this week, a local carrier announced Sunday, bringing the iconic communications device to one of the world's most sophisticated mobile phone markets.... (more)


VERIZON WIRELESS ANNOUNCES THE AVAILABILITY OF THE SAMSUNG OMNIA II

FierceWireless | 16 hours 58 minutes ago

Verizon Wireless and Samsung Telecommunications America (Samsung Mobile) today announced the availability of the Samsung Omnia® IITM, a full-touch all-in-one smartphone powered by Windows... Read more >>... (more)


UPDATE 2-Ciena beats NSN to buy Nortel ops for $769 mln

Reuters | 17 hours 5 minutes ago

HELSINKI/NEW YORK, Nov 23 (Reuters) - Ciena Corp (CIEN.O) will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million after it trumped Nokia Siemens Networks [NSN.UL] in a three-day auction.... (more)


Business Notes

TWICE | 17 hours 8 minutes ago

Items: Wi-Fi Router-Phone Due Sprint Adds First Netbook AT&T Plans 7.2Mbps USB Modem Maemo-OS Phone Launched Samsung Readies Open OS Wi-Fi Router-Phone Due TAOYUAN, TAIWAN ? An HTC-made 3G smartphone due in the U.S. early next year will incorporate embedded Wi-Fi router, enabling multiple laptop users to share a cellular-data connection when they're on the go.... (more)


Unstrung - Mobile Applications - Telefonica Picks Sierra Wireless - Telecom News Wire

Unstrung.com | 17 hours 33 minutes ago

Customers in Madrid and Barcelona first to experience new 21-Mbit/s mobile broadband network... (more)




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