Nortel bows out of WiMAX

Nortel, which declared bankruptcy earlier this month, is getting out of WiMAX. It announced yesterday that it has decided to discontinue its mobile WiMAX business and end its joint agreement with Alvarion Ltd. Under the agreement, Nortel had sold Alvarion WiMAX products and had contributed funding and resources to Alvarion.

The move promises to allow Nortel to focus on more profitable areas of its business.

“We are taking rapid action to narrow our strategic focus to areas where we can drive maximum return on investment. We will work closely with Alvarion to transition our mobile WiMAX customers to them and assure customers that they will continue to benefit from leading-edge technology and high-quality service,” said Richard Lowe, president of carrier networks, Nortel.

Alvarion, for its part, is analyzing the details of actions it will take to mitigate the impact on its business.

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