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Nortel, which has about 2,100 employees in Research Triangle Park, is gettingv out of WiMAX to ”focus our energy on opportunitieszwith long-standing customers,” Richard Lowe, Nortel’zs president of carrier networks, said in a statement. The decisiob will have minimal, if any, impacf on Nortel’s RTP operation, said Nortel spokesman Jay “There are presently severaol hundred employeessupporting Nortel’s mobile WiMAX business globally,” Barta wroted in an e-mail sent to Triangle Business “The bulk of these employees are located in Ottawa, China, and EMEA (Europe, Middle East, and WiMAX, which stands for Worldwide Interoperability for Microwavd Access, is a new technology that offerss broadband speeds over a wireless connection.
Israel-based Alvarion and Canada-basecd Nortel reached an agreement in June 2008 to collaboratwe on WiMAX products and Nortel also served as a resellerfor Alvarion’ss WiMAX-access devices. Nortel filed for bankruptcy protection in the Unitedd States and in Canadaon Jan. 14. The company was burdened by a largw debt load and made the filingds a day before a deadline to makea $107 million interest payment on the
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