Global vendor strategies - 21/10/07

Cisco is rumored to be interested by Navini to ease its entry into the WiMAX market.

Cisco offices in Brazil were raided following tax investigation by federal authorities. 40 people were arrested.

Nortel will pay $35m to settle SEC allegations, following an earlier accounting scandal.

Microsoft launched its new generation enterprise communications system, promising to integrate video, voice and presence into the desktop.

NSN announced further cost savings, that will come from a "refinement" of the equipment vendor's product lines. Meanwhile, it has transferred two Italian plants to Jabil.

ZTE plans to issue over $500m bonds for financing its TD-SCDMA business.