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WhatsApp Begins Voice Calling Feature
WhatsApp is a popular messaging service that many people use in lieu of SMS messaging. Recently, WhatsApp began gradually rolling out a new VoIP feature that will allow users in India to engage in voice… →
Voxox Will Now Supply Cloud Phone Hosted VoIP
Every business owner is looking for ways to save money, time, and to increase the productivity of their business. Voxox, an internet phone service provider, is now offering a solution to this concern.… →
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4PSA Receives 2014 INTERNET TELEPHONY Product of the Year Award
Orlando, Florida - February 4, 2014 - 4PSA - a technology leader in cloud communications software, announced today that TMC, a global, integrated media company, has named VoipNow Cloud OnDemand as a recipient… →
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 Nortel and Genband discuss CVAS purchase
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23 November 2010
According to Reuters' report, Nortel is alleging that Genband is intending to pay less than the agreed upon some for the Nortel CVAS portion of the company they purchased back in December 2009. Nortel stated that Genband is trying to "drastically and improperly" decrease the price of the purchase. The news comes straight from court papers filed last on Wednesday by Nortel. The papers announce Genband was trying to decrease original $179.5 million price for CVAS to $142.9 million by leveraging provisions in the sale agreement.
Genband wasn't the only target of Nortel's pre-Turkey Day litigation either, as Nokia Siemens Networks also felt some wrath. The company claims NSN breached a licensing contract after they lost their bid for Nortel's optical network to Ciena. What appears to have been an easy way to deal with bankruptcy is starting to look a little more tangled.
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