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SR Telecom reinventing itself

Briefs | 04/17/2007 12:00 pm EDT

SR Telecom Inc. is eliminating 75 positions, centralizing activities and selling legacy products division in a move to better position the company to address burgeoning WiMAX market. Announced on April 16, the Montreal-based firm says it expects to realize $5.5 million in savings this year.

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