Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Nortel has announced a new strategic initiative, metro ethernet networks, that it says will offer "innovative ethernet portfolios designed to deliver high quality, reliability and security".
It hopes to increase its share of the market for super-fast ethernet networks seen as essential to handling the coming growth of bandwidth-hungry video applications.
"Nortel's future depends on our continued leadership in innovation and with our new metro ethernet networks we're bringing our best technologies together, backed by an initial incremental investment in R&D," said president and CEO Mike Zafirovski.
"With IPTV, IMS and other applications evolving quickly, service providers will face huge bandwidth challenges across all networks - wireless, wireline and cable. Metro ethernet networks is the first step in getting Nortel in front of that curve to win in this critical new space in the market."
The new division will be lead by Philippe Morin as president, former general manager of Nortel's Optical division.
Nortel says its metro ethernet networks business strategy is based on the increasing reliance on ethernet as the standard protocol for both LAN and WAN communications to break the bandwidth bottleneck between high-speed fibre-optic networks and metro networks serving consumers and business.
The division will also focus on wireless capabilities, "using Nortel's metro ethernet solution to ensure such applications as high-bandwidth video provide real-time speed and quality to mobile devices," the company says.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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