Articles tagged with: Lg Electronics and Nortel Networks

Nortel to Seek Buyer for Stake in LG-Nortel Joint Venture

Nortel has confirmed that it has decided to seek a buyer for its majority stake (50% + 1 share) in LG-Nortel, the company's Korean joint venture with LG Electronics. Nortel, which is in bankruptcy protection said that LG-Nortel is a profitable, standalone business with a strong balance sheet, and has not filed for creditor protection.  more

Related Tags: nortel, lg, bankruptcy, goldman-sachs, Korea South

World's Wireless Industry Heads To Spain For 3GSM Conference

BARCELONA (AP)--The wireless industry began meeting this week with a bevy of flashy new cellphones, faster networks and more entertainment geared for the small screen taking center stage at the 3GSM World Congress.  more

Related Tags: windows-mobile, steve-jobs, ipod, voip, nortel, touch-screen, ims, mobile-music, samsung-electronics, cnn, cnn

S Korea LG Elec: To Invest $145 Million In JV With Nortel

SEOUL -(Dow Jones)- LG Electronics Inc. (066570.SE) said Wednesday it will invest $145 million in its joint venture with Canada's Nortel Networks Corp. (NT) to provide telecom equipment and networking systems.  more

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LG Elec, Nortel To Set Up JV To Provide Telecom Systems"

SEOUL -(Dow Jones)- South Korea's LG Electronics Inc. (066570.SE) said Monday it has signed a preliminary agreement with Canada's Nortel Networks Corp. (NT) to set up a joint venture to provide telecommunications equipment and networking systems to Korea and other markets globally.  more

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