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Tag Archives: nokia siemens
Your Move, Matlin Patterson
If you’re Matlin Patterson, what should you make of Avaya’s bid to acquire Nortel’s enterprise business? Does it change anything given MP was in the midst of preparing a bid to buy Nortel, including the CDMA wireless business being pursued by Nokia Siemens? Does Avaya’s move bolster MP’s bargaining position given some people believe Avaya [...]
Nokia’s M&A Powerplay
In the ongoing soap opera “As the Nortel Turns”, yesterday was definitely intriguing as Nokia Siemens’ North American president Sue Spradley took to the stage to talk the talk about why Nokia Siemens should be seen as an upstanding suitor as it strives to complete the $650-million acquisition of Nortel’s CDMA wireless business and the [...]
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 [...]
Nokia Siemens Plays Nice with Canada
Nokia Siemens Networks’ efforts to win public support for its $650-million bid for Nortel’s CDMA wireless business and LTE R&D unit went on the offensive yesterday when NSN CFO Luca Maestri told a press conference in Toronto that the company not only plans to keep all 800 wireless jobs in Canada but add more as [...]
Nokia’s Growing North American Foothold
For years, Nokia has been focused on getting a stronger foothold in North America so the proposed purchase of Nortel’s CDMA business is an important element in that strategy. MarketWatch has a story looking at Nokia’s North American efforts. It includes this quote from Frost & Sullivan analyst Ronald Gruia that illustrates how sweet of [...]
An Ode to Nortel