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Category Archives: Wireless
Ottawa Gives A-O-K to Ericsson Deal
Like AAN has been saying all along, the Canadian government has given its approval to Ericsson’s $1.3 billion purchase of Nortel’s CDMA business and its LTE R&D unit.
“There are no grounds to believe this transaction could be injurious to Canada’s national security,” Industry Canada Minister Tony Clement said. “[Ericsson] has the resources and customer [...]
A Sad Tale from Mexico
When Ericsson purchased Nortel’s CDMA business last month, Nortel employees in Mexico were excited about a new owner arriving on the scene to provide some much-needed stability and direction. Unfortunately, the future of the Mexican operations and its 130 employees is still uncertain. Below is a guest post from Mexican employee about the situation:
On [...]
Nortel’s LTE Patents a “National Treasure”
You’ve got to hand it to Research in Motion; it’s making an impassioned and nationalistic pitch for Nortel’s LTE patents.
At an emergency parliamentary hearing this morning looking into Nortel’s plan to sell its CDMA wireless business LTE R&D business to Ericsson for $1.13-billion, RIM co-CEO Mike Lazaridis said Nortel’s LTE patent portfolio and development work [...]
Parliamentary Committee to Hold Emergency Hearing
You just have to love the sense of political urgency swirling around Ottawa these days over the future of Nortel. After ignoring the company’s struggles, including a declaration in mid-June that all of its assets were on the block, the politicos are suddenly alive with the cause.
Bloomberg reports that a Canadian Parliamentary committee will hold [...]
Nortel: We Still Own the LTE Patents
If there was any uncertainty, Nortel made it clear that it is not – repeat not – selling any of its LTE patents under the planned sale of wireless assets to Ericsson. (Update: Two courts have approved Ericsson’s $1.13-billion offer, according to the Globe & Mail.)
The Wall St. Journal reports that Nortel lawyer Derrick Tay [...]
Ericsson, Kapsch Acquire GSM Business