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Tag Archives: RIM
Ottawa Won’t Block CDMA Sale
As I’m expounded on several occasions since Ericsson’s $1.13 billion bid to buy Nortel’s CDMA wireless business and LTE R&D unit received court approval, the deal will not be blocked by the Canadian government. Sure, there’s a lot of politicians talking about protecting national assets, and the government talks about reviewing the deal but the [...]
Much Ado About Nothing
So, the politicians got to hold an emergency meeting yesterday on Parliament Hill in Ottawa to review Nortel’s sale of its CDMA wireless business and LTE R&D unit to Ericsson for $1.13-billion. Here’s mini-synopsis: - After extensive negotiations, RIM thought it had a deal to buy the LTE patents a few months ago before Nortel [...]
Posted in Financials, General Also tagged cdma, Ericsson, Mike lazaridis, Mike Zafirovski, Nortel, ottawa 84 Comments
Nortel’s LTE Patents a “National Treasure”
You’ve got to hand it to Research in Motion; it’s making an impassioned and nationalistic pitch for Nortel’s LTE patents. At an emergency parliamentary hearing this morning looking into Nortel’s plan to sell its CDMA wireless business LTE R&D business to Ericsson for $1.13-billion, RIM co-CEO Mike Lazaridis said Nortel’s LTE patent portfolio and development [...]
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 [...]
Questions, Questions, Questions
Even though Ericsson’s $1.13-billion bid for Nortel’s CDMA wireless business and its LTE R&D unithas prevailed over offers from Nokia Siemens and MatlinPatterson, many questions still have to be asked: 1. What exactly did Ericsson acquire? It bought the slowly-dying but still profitable CDMA business but about the LTE component? How many patents are part [...]
Shooting Down the Avro Arrow