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Tag Archives: LTE
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 [...]
RIM Still Hunting for Nortel
According to the Toronto Star, Research in Motion is interested in acquiring “certain Nortel assets” even though Ericsson has won the auction for Nortel’s CDMA business and LTE R&D unit with a $1.13-billion bid. RIM believes it can still get a food in the MA& door in wake of the Canadian government’s suggestions it could [...]
Mike Z. on the CDMA/LTE Wireless Sale
For what it’s worth, here’s Mike Zafirovski’s e-mail to employees in the wake of Ericsson’s $1.13-billion purchase of Nortel’s CDMA wireless business and LTE R&D unit: Team Nortel: This has been an eventful week for our company. The interest we have seen in our CDMA and LTE Access assets is further proof of what we [...]
Posted in Financials, General Also tagged cdma, Ericsson, Mike Zafirovski, Nortel, Wireless 65 Comments
Nortel’s Ex-CTO Gary Kunis Talks to BNN
Gary Kunis, who was Nortel’s chief technology officer (and, along with ex-COO Gary Daichendt, suggested a dramatic strategic makeover in 2005 that was rejected by the board) was interviewed yesterday on Business News Network. When asked about Nortel’s best long-term assets, Kunis said that within the wireless business it’s the LTE unit. He said Research [...]
Nokia Siemens Gets FTC Approval
Nokia Siemens passed over a hurdle in its bid to buy Nortel’s CDMA wireless business and its LTE R&D unit after the Federal Trade Commission granted its approval as part of an approved list of mergers that involved assessing anti-trust considerations. If rival bids are going to emerge, they have to happen by July 21 [...]
Nortel’s LTE Patents a “National Treasure”