-
Mark’s Blogs
Find ME Online
-
Tag Archives: nokia siemens
The Politics of Nortel (Part II)
From the just wondering file: Does it strike anyone as strange that the Canadian government is now looking at whether Ericsson’s purchase of Nortel’s CDMA business and LTE R&D unit is a “benefit to Canada” – a stark contrast to when Nokia Siemens made a $650-million “stalking horse” bid that was going to get $300-million [...]
A Note from Sue Spradley
In the wake of Nokia Siemens losing last Friday’s auction for Nortel’s CDMA wireless business and LTE R&D unit, Sue Spradley, who heads up Nokia Siemens’ North American unit, left a comment for Nortel employees on AAN that I wanted to highlight: It is with disappointment that I respond to this blog as I was [...]
Will RIM Get to Bid?
With the auction happening today for Nortel’s CDMA and LTE assets, the biggest question is whether Research in Motion will get to participate. Despite being told it didn’t qualified bidder after failing to comply with the bidding process, RIM said in a statement that: “RIM remains seriously interested in bidding on Nortel assets and continues [...]
Posted in General Also tagged cdma, Ericsson, Nortel, research in motion, verizon, Wireless 36 Comments
Wireless Auction to Proceed – Without RIM
The auction process for Nortel’s wireless action will happen on Friday with Research in Motion sitting on the sidelines – at least for now. The two approved bidders are Nokia Siemens, which has submitted a $650-million offer, and Matlin Patterson, which is offering $725-million. In a statement, Nortel said RIM was blocked from making a [...]
The Strange Dance Between Nortel and RIM
Just when you thought things couldn’t get more strange at Nortel, it does. It’s hard to understand what to make of Research in Motion’s interest in Nortel’s CDMA and LTE assets. RIM thinks it could pay about $1.1-billion, significantly higher than the bids from Nokia Siemens and MatlinPatterson. However, Nortel and its legal advisors will [...]
Nokia May Bid for MEN