Networking equipment supplier Nortel's Australian operations are expected to escape the global job cuts flagged overnight, according to Australia and New Zealand president Mark Stevens.
Nortel Networks said it is eyeing more cost cuts to hit profit targets as investors wait to see up-to-date earnings for the telecommunications gear maker.
George Gilder is known for predicting the future of technology five to ten years ahead. His latest prediction is that communications will be the stocks to soar. According to Gilder, in the 'telecosmic' universe, a coming abundance of bandwidth will make optics companies "the Intels" of the future.
Sydney-based optical components company, Photonic Technologies, has been wholly bought by Nortel Networks, exactly two years after Nortel acquired a one third stake in the company.
Lucent Technologies has reorganised into two main product divisions, part of the struggling company's effort to revitalise sales.
If you're thinking about voice over IP, we take a look at the steps involved in getting it set up and what's on offer from four major vendors.
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