Nortel / Huawei Joint Venture Dead

On February 2, 2006, the day the Nortel/Huawei Joint Venture was announced, Google directed a search to this site with the following terms. My Web Stat software picked it up.

I guess I found the fact that someone from Nortel was trying to understand problems with the Huawei / 3COM venture after they had just completed one themselves was, ironic.

Now, it looks like the Joint Venture between Nortel and Huawei is over. It’s hard to say whether this is positive or negative, since so little was known about the intent in the first place.

From yesterdays 10-Q filing (Page 50):

On November 9, 2005, we and Huawei Technologies Co., Ltd. entered into a non-binding Memorandum of Understanding to establish a joint venture for developing ultra broadband access solutions. We and Huawei have now decided not to proceed with a joint venture,” reads the filing.

Hat Tip to Lightreading