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Tag Archives: gsm
Nortel’s M&A Scorecard
Update: The auction of the GSM/GSM-R business is being held today. It has been nearly a year since Nortel filed for bankruptcy protection, and five months since the company announced it was going to sell all of its assets instead of attempting to emerge as the New Nortel. Here’s a scorecard of what’s been sold, [...]
Nortel Postpones GSM/GSM-R Auction
Faced with the prospect of holding two auctions on the same day, Nortel has postponed the auction for its GSM/GSM-R business. The company said it is holding discussions with a number of interested parties, and will provide an update next week. In the meantime, Nortel will hold an auction today for its metro Ethernet division. [...]
Nortel Puts GSM Business on the Block
Nortel is selling its GSM business – an asset that many people may have not been aware that Nortel even operated given its low profile. Nortel said it will hold an “open auction” to sell “substanially all of its globa GSM/GSM-R business”. Qualified bidders need to submit offers by Nov. 5, while the auction will [...]
Nortel’s Forgotten Business: GSM
For all the attention on Nortel’s CDMA business, which was sold to Ericsson for $1.3-billion, most people are probably unaware that Nortel still has a GSM wireless business that had sales of $377-million during the first-half of the year. Given that GSM has supplanted CDMA has the technology for most wireless carriers around the world, [...]
The Nokia-Nortel Deal That Should Have Happened
With the spotlight on Nokia Siemens’ proposed $650-million bid for Nortel’s CDMA wireless business and LTE R&D unit, it’s interesting to note it was four years ago that Nokia and Nortel nearly entered into a wireless joint venture. If the deal was had consummated, Nortel would have not only made a lot more money but [...]
Why the Low Price for GSM Business?