Nortel & Huawei Form JV

Nortel and Huawei issued a joint press release highlighting the intent to form a joint venture targeting the Ultra Broadband access market. The two companies will join forces to develop a new product portfolio sold exclusively through Nortel and Huawei.

These new Ultra Broadband products will target next-generation DSL and fibre-to-the-home (FTTH) opportunities with service providers around the world, and are critical in delivering new high-bandwidth services such as IPTV and interactive video services.

The announcement says that by working together, new revenue opportunities and new markets are opened for Nortel and Huawei. Just as important, this announcement is an example of a strategic step that Nortel is taking in its business transformation plan focused on generating new revenue and expanding operating margins.

The following two tabs change content below.


Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam dignissim magna vitae dui posuere eu feugiat augue eleifend. Fusce sed tincidunt quam. Donec varius aliquam metus ut semper. Donec augue purus, feugiat interdum malesuada vel, aliquet quis massa. Nulla facilisi. Nam vel ante quam, et tincidunt dui. Maecenas venenatis libero eu nulla tincidunt et accumsan velit sodales. Nam congue mauris et felis porttitor blandit. Nam eget tempor massa. Nullam suscipit gravida eros, ac suscipit magna feugiat sit amet.

Latest posts by admin (see all)