Genband to buy Nortel’s carrier VoIP ops for USD 282 mln (Digital Media Europe)
(Telecompaper) IP infrastructure equipment manufacturer Genband has entered into an agreement with Nortel to acquire substantially all of the assets of its Carrier VoIP and Application Solutions Business (CVAS) globally, for a purchase price of USD 282 million and a total cost of ownership in excess of USD 400 million. The proposed transaction combines Genband’s next-generation access, trunking …
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