Nortel Bails on WiMax, Leaves Wireless Technology’s Fate Uncertain
Nortel shares jumped 13% this morning when the telecommunications equipment manufacturer announced it was offloading its WiMax business to Israel-based Alvarion, which also got a boost from the news.Once the next-gen high-speed wireless technology to beat
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Posted on June 12th, 2008 by
Filed under: stock news





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