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Articles tagged with: Nortel Networks and Ericsson
Nortel delays auction deadline for some assets
Nortel Networks says it has completed the $1.13 billion sale of its wireless network business to Ericsson of Sweden but is allowing more time for bids in an auction for its optical networking and carrier ethernet units. more
Related Tags: Canada
Canada won't block Nortel sale to Ericsson
Canada's industry minister said Wednesday the government won't block the $1.1 billion sale of Nortel Networks' wireless division to Sweden's Ericsson. more
Related Tags: Canada
Courts OK $1.13B sale of Nortel assets to Ericsson
U.S. and Canadian courts have approved Swedish wireless company Ericsson's $1.13 billion bid to buy next-generation wireless technology and other assets from insolvent telecom equipment maker Nortel Networks. more
Related Tags: Canada
Ericsson Outbids Nokia Siemens Networks for Nortel Assets
Ericsson has snatched a deal from under the noses of Nokia Siemens Networks (NSN) after it won the bidding to buy Nortel Networks carrier assets. Last month, NSN agreed to buy parts of Nortel's Carrier Networks division relating to CDMA and LTE technology in North America for a payment of US$650 million. However the deal allowed counter bids, and Ericsson has offered US$1.13 billion, significantly outbidding NSN. more
Related Tags: nokia-siemens-networks, nokia-siemens, bell, Canada
Global Wireless Infrastructure Revenues Declined 22.4% YoY in Q1 2009
The global wireless BTS infrastructure market revenues declined by 22.4% for the first quarter of 2009 to US$9.8 billion compared with the first quarter of 2008, according to the latest report from EJL Wireless Research. more
Related Tags: alcatel-lucent, motorola, nokia-siemens-networks, zte
Nortel's bankruptcy filing enables radical change, and not just at Nortel
Opinion piece by Dana Cooperson and Matt Walker, analysts at Ovum
On 14 January 2009, Nortel Networks moved beyond talk of divestiture and
speculation of bankruptcy, and filed for creditor protection in Canada and the
US, with Nortel UK entering administration separately under a filing managed by
Ernst & Young. The company reached this point after multiple management
regimes failed in their attempts to remake the company after the bursting of the
telecoms bubble. Nortel's move may result in a more balanced industry
structure for communications equipment.
more
Related Tags: ethernet, t-mobile, ptc, nokia, wimax, cisco, itu, lte, zte, alcatel-lucent, mts, ovum, verizon, tellabs, t-mobile-germany, nortel, bankruptcy, lg, ran, umts, ciena
Ericsson Supplying Vietnamese CDMA to GSM Migration Kit
Ericsson has signed its largest single contract in Vietnam, amounting to US$450 million, to develop and modernize Hanoi Telecom's nationwide mobile network. The partnership, a first in Vietnam, will also see Ericsson managing and operating the network under a full-scope managed services contract. more
Related Tags: core-network, nortel, cdma, microwave, radio-access-network, Vietnam
Q2 Mobile Base Station Contracts Jump Sharply as ZTE Edges Out Huawei
EJL Wireless Research has issued its quarterly report which found that second quarter base station contracts totaled 67, increasing from 47 in Q1 of 2008. more
Related Tags: asia-pacific, motorola, huawei, zte, china-mobile, alcatel-lucent, nortel, cdma2000