Tag Archives: North America

Nortel GENBAND Agreement Obtains Canadian and U.S. Court Approval

Nortel Networks Corporation announced that at a joint hearing today, it, its principal operating subsidiary Nortel Networks Limited (NNL) and certain of its other subsidiaries, including Nortel Networks Inc. (NNI) obtained orders from the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice approving the “stalking horse” asset sale agreement with GENBAND, Inc. (GENBAND) for the sale of substantially all of the assets of its North America, Caribbean and Latin America (CALA) and Asia Carrier VoIP and Application Solutions (CVAS) business. Certain other Nortel subsidiaries, including Nortel Networks U.K. Limited (in administration), have entered into a separate asset sale agreement with GENBAND for the sale of substantially all of the assets of the Europe, Middle East and Africa (EMEA) portion of its CVAS business.

The court orders also established bidding procedures for an auction that allows other qualified bidders to submit higher or otherwise better offers, as required under Section 363 of the U.S. Bankruptcy Code.

SMB Communications Technology Spend Will Increase

Good news for VARS and system integrators, according to a recent survey by Avaya, most small businesses will invest in communication technology within a year.

According to a new survey on small business technology trends from Avaya Inc., most small businesses in North America (59 percent) say they are investing in communications technology right now, or plan to do so within the year.

The survey results reveal a small business environment that is still interested in investing in communications technology, even during these tough economic times, with 75 percent saying that communications technology is critical to their business. Some key reasons cited: When it comes to keeping employees as productive as possible, communications tools are the top response (46 percent), followed by compensation and flexible work schedules. Continue reading SMB Communications Technology Spend Will Increase

Level 3 Expands Network Access Across North America to Close the Digital Divide

level3 Level 3 Communications, Inc. today announced an agreement with Open Range Communications to deliver wireless broadband to rural communities. Open Range will leverage Level 3’s extended on-net services to offer high-speed Internet and voice services to millions of previously un-served or underserved communities across North America.

Extended on-net services provide access to the Level 3 network in rural locations along the 42,000 route miles that span North America. Direct access to the network outside of major metropolitan markets enables Level 3 to pick-up or deliver traffic at more locations, providing local carriers, cable operators and wireless companies with additional on-ramps to the Level 3 network. Continue reading Level 3 Expands Network Access Across North America to Close the Digital Divide

Level 3 cuts 450 jobs

Level 3 Communications has announced that they will be reducing their workforce by 450 people in North America, which is about 8 percent of their workforce.

The reduction will take place before the end of December 2008 and will result in a restructuring charge of approximately $12 million to $15 million in the fourth quarter 2008. The reductions are being made across multiple levels in the organization and multiple locations in North America only.

Cisco study predicts Shortage of IT Professionals

Cisco, in collaboration with the Cisco Learning Institute, announced the results of a study on networking labor needs in North America. According to an IDC white paper sponsored by Cisco Learning Institute, “Networking Skills in North America: Trends, Gaps and Strategies,” there is a 60,000-person shortfall between the supply of networking talent and the market demand for highly skilled information technology (IT) workers in the workforce today. As the demand grows for IT professionals, who now represent 14 percent of the workforce, this gap is expected to continue through 2011. Continue reading Cisco study predicts Shortage of IT Professionals

Avaya Launches North America Channel Programs to Expand Customer Choice, Boost BusinessPartner Revenues

To expand the buying options available to customers, Avaya Inc. (NYSE:AV), a leading global provider of business communications applications, systems and services, has launched two programs that broaden support for