Nortel (NT) is pulling out of the mobile WiMAX business and curtailing its strategic agreement with Alvarion (ALVR).
Nortel, which recently filed for Chapter 11, wants to focus on existing customers, it said.
The companies last summer forged a deal through which Nortel would sell Alvarion’s WiMAX access products. The relationship also entailed Nortel providing Alvarion with resources and funding to promote the advancement of its WiMAX base stations.