bailout tag
5 result(s) displayed for bailout (1 - 5 of 5):

Is The End of Skype Near?
As you probably heard, Joltid has sued eBay and now the new consortium of buyers, over the P2P licensing rights used in Skype. Brad from the 'Twilight in the Valley of the Nerds' blog emailed me to say he... Full Story
Posted on September 18, 2009 11:25 AM
U.S. Social Security Blows $300 Million on Nortel VoIP system
According to CNN:Nortel Government Solutions, a U.S. company wholly owned by Nortel completed the core network for the massive new U.S. Social Security Administration (SSA) VoIP system within 180 days of initial purchase orders, an aggressive requirement of the 10-year,... Full Story
Posted on February 2, 2009 2:04 PM
President-Elect Barack Obama's $40 billion Handout Bailout to Internet Providers
President-Elect Barack Obama is planning to send up to $40 billion in grants and loans bailout funds toward improving broadband availability and speeds as part of broader economic stimulus efforts, according to UBS analysts. According to Telephony Online: A... Full Story
Posted on January 15, 2009 3:32 PM
Avaya acquires Nortel rumors
With today's news of Nortel's potential bankruptcy flying, my fellow TMC team members have been trading emails back-and-forth about Nortel's future. (See also Rich's overview). Brendan Read had an interesting take that I thought I'd share: This could cause... Full Story
Posted on January 14, 2009 1:10 PM

Nortel cuts jobs and lowers forecast
Nortel plans a major restructuring and another round of job cuts. From Fortune: The Toronto networking equipment giant said Monday it would trim 1,300 jobs on top 1,200 cuts previously announced. Nortel had 32,550 employees at the end of 2007.... Full Story
Posted on November 10, 2008 11:27 AM



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