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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Charter CEO Talks Broadband Moves, Next Steps for Video

For Charter CEO Chris Winfrey, when you push one-time events aside, the underlying trend for subscribers is actually slightly better YOY.

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