VoIP News & Information

PowerUnique Technologies Co., Ltd. , one of the wholly-owned subsidiaries of China VoIP & Digital Telecom Inc., today announced that it has signed cooperation agreements with two system integrators to market its virtualization products and solutions in China.

Many people are looking to save some money on bills with the economy in such bad shape. One way you can cut costs if you still use a landline is to move to a cheaper phone service that uses VoIP. netTalk has been around for a while and the company has unve...

Nortel Networks will sell its VoIP and applications solutions assets to Texas-based Genband in a private sale for $282 million.

The latest deal follows two other major sales by Nortel.

With no additional bidders, Nortel Networks Corp. was forced to sell its global VoIP assets for only $182-million, well below their estimated worth. The Canadian telecom equipment-maker has been auctioning off assets to pay back billions of debt to creditors and in pension payments.

The deadline for submitting bids to compete with a tentative “stalking horse” deal with Genband, a small Texas company, was Tuesday. Nortel said it would not be commenting on the process.

GENBAND Inc. is the winning bidder for bankrupt Nortel Networks’ carrier VoIP assets – because there were no other bidders. Companies interested in vying for the Nortel division at auction were required to submit offers by last night. But GENBAND was the only one.

Get the latest news alerts: Follow LTW at Twitter. RESEARCH TRIANGLE PARK, N.C. – Genband will purchase Nortel’s Voice over Internet Protocol business unit for $282 million, the companies announced Wednesday morning.

If you still work for what's left of Nortel, guess what? Charlie 's in charge! Genband Inc. says it has been cleared to acquire Nortel Networks Ltd. 's Carrier VoIP and Application Solutions (CVAS) business.

By the end of September 2009 VoIP subscriptions had grown by 15% in the first 3 quarters of the year to pass the 100 million milestone, according to new research.