Nortel Networks has entered into an agreement to sell its Voice over IP and Application Solutions for $282 million (US). Nortel has a "stalking horse" asset sale agreement with GENBAND for the sale of substantially all of the assets of its North America, Caribbean, Latin America and Asia Carrier VoIP and Application Solutions business, and an asset sale agreement with GENBAND for the sale of substantially all of the assets of the Europe, Middle East and Africa portion of its CVAS business, subject to balance sheet and other adjustments. These agreements include the planned sale of substantially all assets of the CVAS business globally including softswitching, gateways and SIP applications.

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Next Frontier: CableLabs Explores More than Speed Connectivity Era

Internet speed records are all the rage these days, with two separate breakthroughs making the headlines recently. One is more in the distant future, but the other hits closer to home.

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