Nortel Network affirmed its 2008 outlook and expects the company’s revenue to grow at a single-digit percentage rate from the previous year figure of US$10.95 billion.

The company further expects the gross profit margin at about 43 percent of revenue and operating margin to widen 3 percentage points from a year ago.

Nortel further announced its partnership with Israel’s Alvarion in order to align its 4G wireless broadband strategy to meet the growing demands for WiMax and LTE technologies across the globe. The company has chosen Scott Wickware as the general manager for this WiMax collaboration.

Under the agreement, both the companies will design a complete end-to-end WiMAX solution for customers all over the globe leveraging on Alvarion’s WiMAX access platform combined with Nortel’s strength in all-IP network core technologies, backhaul, developing applications for carriers like VoIP and unified communications along with end-to-end lifecycle support through Nortel Global Services for WiMAX.

While commenting on LTE and WiMax technologies, Richard Lowe, president, Carrier Networks, Nortel said “WiMAX will provide fast, cost-effective coverage and mobile broadband capabilities for early movers in the wireless broadband market. LTE will provide the high-speed, high-capacity mobile broadband network allowing network operators to offer not only faster connections but also an enriched user experience that includes real-time services such as mobile TV, web services, mobile advertising, and carrier-hosted services for businesses.”