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Articles tagged with: Nortel Networks and Mike Zafirovski

Former Nortel CEO Submits Claim to Bankruptcy Court for $12 Million

­Nortel's former CEO Mike Zafirovski has submitted a claim for over US$12 million from the company, with more than half going towards his company agreed pension. Zafirovski's claim, which has been filed with the  U.S. bankruptcy court that's dealing with Nortel's restructuring, seeks "not less than US$12,250,543.48".  more

Related Tags: Canada


Nortel CEO Expected to Step Down Shortly

Nortel's CEO, Mike Zafirovski is expected to announce his resignation from the bankrupt company in the near future, people close to the matter have told both the Wall Street Journal and Financial Times. Nortel has declined to comment on the stories.  more

Related Tags: Canada


INTERVIEW: Nortel CEO Sees 4G As Opportunity to Leapfrog Rivals

So-called fourth-generation technologies such as WiMax and Long-Term Evolution which promise to deliver faster mobile broadband, have been a hot topic at the World Mobile Congress, in Barcelona this week  more

Related Tags: mts, wall-street-journal, nortel, gartner, lte, edge, sharp, arun-sarin, umts


Telecom Vendors Say 3G Disappointed, Promote Next Generation"

BARCELONA (Dow Jones) -- 3G is dead, long live 4G. Telecom-gear makers at the 3GSM trade show here on Thursday admitted that third-generation technology, or 3G, has failed to deliver on its promise of growth from an array of nifty new multimedia services. more

Related Tags: nortel, wimax,


Nortel Chief Executive Insists Networking Giant Is 'back'

BARCELONA (Dow Jones) -- Still reeling from job cuts earlier this month and a key executive departure, Nortel Networks CEO Mike Zafirovski was on a charm offensive at the telecommunications trade show here this week, telling MarketWatch the worst is now behind the Canadian networking giant. more

Related Tags: nortel, verizon-communications, chief-financial-officer, alcatel


Nortel Bets On 4G After Alcatel Deal, But Doubts Exist"

TORONTO -(Dow Jones)- Nortel Networks is selling its struggling UMTS wireless access equipment business to French rival Alcatel for US$320 million, highlighting Nortel's bet it can have better success selling next-generation wireless-network gear known as 4G. more

Related Tags: clearwire, nortel, samsung-electronics, alcatel


Motorola Sues New CEO At Nortel

WASHINGTON (Dow Jones) -- Motorola Inc. has sued to block former Chief Financial Officer Mike Zafirovski from taking the top job at rival Nortel Networks Corp.  more

Related Tags: sun-microsystems, nortel, sun, cfo


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