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Tag Archives: LTE
Ericsson Deal is Done
The $1.13-billion sale of Nortel’s CDMA wireless business and its LTE R&D unit has been completed.
“Completion of this first large-scale divestiture is a major milestone in Nortel’s plan to preserve the value of its innovation and know-how while maximizing value through the sale of its businesses,” Pavi Binning, Nortel’s chief restructuring officer, said in a [...]
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 Battle for Nortel’s Patents Heating Up
To date, Nortel’s asset sales (aka “The Nortel Garage Sale”) have been interesting but not terribly exciting unless you take into account the public temper tantrums that Research in Motion had after it wasn’t allowed to participate in the auction for Nortel’s CDMA wireless business and LTE R&D unit.
But it looks like things could get [...]
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 [...]
Nortel’s LTE Orphans
From the files of the sad and bizarre comes a strange tale of a small group of R&D employees working for Nortel’s LTE division.
Apparently, Nortel kept about 100 of its top LTE R&D people aside for Research in Motion, which had been interested in the LTE R&D business, and would still like to buy the [...]
The End is Near