Alvarion (ALVR) shares are on the rise in pre-market trading after the company announced a deal to combine forces with Nortel (NT) in the WiMax market. The two companies said that have âa joint strategic WiMAX agreement to create an end-to-end WiMAX solution to meet the needs of the evolving wireless broadband market.â The companies said that their joint solution âfeatures the integration of Alvarionâs advanced radio access network technology, which has been proven in over 200 commercial WiMAX
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Wednesday, June 11, 2008
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