Mitacs - a not-for-profit organization - has announced that it is working with the ENCQOR 5G network to place 400 student interns from Ontario and Quebec into various 5G-related projects within their network.
Nortel Networks is down to 534 employees in Canada in its services and corporate groups. It has not said what will happen to the patents. Employees on long term disability will be terminated Dec. 31, 2010 and Nortel has agreed to provide a severance payment fund that would give former employees a maximum of $3,000 each
With the Passport brand of switches and Long Term Evolution wireless patents, an investor could still have a go at the Nortel brand, one analyst says. Other industry watchers say the firm is gone for good, now that Avaya Inc., LM Ericsson and Ciena Corp. have bought Nortel