Alvarion inks WiMAX agreement with Nortel
WiMAX pure player Alvarion Ltd. (Nasdaq:ALVR) said this morning that it secured a joint WiMAX agreement with networking services provider Nortel Networks (NYSE:NT) to create an end-to-end WiMAX solution to meet the needs of the evolving wireless broadband market.
Shares popped 8%, or $0.61, to $8.12 in pre-market trading. For detailed price information and recent news stories about Alvarion, click ALVR.
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