This post originally appeared on Jeff Wiener’s The Telecom Blog. Thanks to Jeff, who heads up Digitcom, for his permission to re-pint it on AAN.
Over my 19 years in the Telecom business almost everything has changed, as telecom technology continues to advance at a rapid rate. One of the [...] Continue Reading…
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I had intended not to spend too much time on AAN with my consulting business rocking and rolling but I’ll take a hall pass with Ericsson’s plans to spend US$242-million to buy Nortel’s 50% + 1 stake in LG-Nortel Co., Nortel’s joint venture with LG Electronics – one of [...] Continue Reading…
Do you think the crew upon the Titantic would have received big bonuses if any of them had survived? After all, they did prove that it was possible to sink the unsinkable, and some people did manage to live.
Well, Nortel seems to be intent on rewarding its senior executives [...] Continue Reading…
Who knew it could take so long to completely dismantle a company. Even though Nortel has been in bankruptcy protection since January, 2009, it has requested and received approval to extend its protection until July 22.
Even though Nortel has raised more than $3-billion from selling assets, it still [...] Continue Reading…
As many of you have probably noticed, AAN hasn’t been that active recently.
Part of it has to do with the fact the amount of news coming out of Nortel has dropped considerably, which is understandable given there aren’t many assets left in the portfolio.
As well, my digital [...] Continue Reading…
Now on the Auction Block, 4K Patents
One of the last assets within the Nortel portfolio finally appears to be on the block as the company is exploring the sale of its patent portfolio.
According to reports, Nortel is looking at whether to sell the portfolio or transform into into a licensing entity. The decision will be based on whether Nortel can attract a high enough price.
One company that will be interested in at least some of Nortel’s patents is Research in Motion, which made it abundantly clear that it wants the LTE patents.
Nortel is being advised by Lazard and Global IP Law Group.