Articles tagged with: Nortel

Nortel Sells Patent Portfolio for $4.5 Billion

Nortel has concluded the auction of its patent portfolio and raised US$4.5 billion from the bidders, considerably higher than the initial offer of US$950 million from Google. more

Related Tags: ericsson, apple, research-in-motion, sony, google, auction

Google Bid to Buy Nortel Patents Faces Challengers

Google could face a challenge to its US$900 million bid for a block of Nortel patents, with a higher bid from Research In Motion, more

Related Tags: google, research-in-motion

Ericsson closes $65 Million Acquisition of Nortel's Multiservice Switch business

Ericsson says that it has completed the previously announced agreement to acquire Nortel's Multiservice Switch business. more

Related Tags: ericsson, cdma

Ericsson Buys Nortel's Korean Joint Venture with LG Electronics

Ericsson has agreed to buy Nortel's majority shareholding (50%+1 share) in LG-Nortel, the joint venture of LG Electronics and Nortel Networks for an undisclosed amount in shares. more

Related Tags: ericsson, lg, lg-telecom, Korea

Nortel gets stay period extension

Nortel gets stay of proceedings extension to help continue restructuring, operations sales more

Related Tags: Canada

Ericsson Completes Nortel GSM Business Acquisition

Ericsson says that it has completed the acquisition of Nortel's North American GSM business. The closing of the transaction follows the announcement on November 25, 2009, that Ericsson had entered into an asset purchase agreement for these assets. more

Related Tags: ericsson, kapsch--carriercom

Nortel Continues to Lead Global Carrier VoIP Market

Nortel Carrier VoIP and Application Solutions (CVAS) continues to lead the global Carrier VoIP market according to Dell'Oro Group, Infonetics Research and Synergy Research. more

Related Tags: voip, softswitch, globe

Ericsson Wins Bidding for Nortel's Nth American GSM Division

Ericsson has won the bidding to acquire Nortel's GSM business in the US and Canada, as part of its Carrier Networks division. The purchase is structured as an asset sale at a cash purchase price of US$70 million on a cash and debt free basis, subject to adjustments. more

Related Tags: ericsson,

First Active Handover Between LTE and CDMA Networks Demonstrated

LG and Nortel have demonstrated the world's first 3GPP standards compliant active handover of a data transmission between a LTE network and a CDMA network. more

Related Tags: lg, lte, cdma, cdma-evolved-high-rate-packet--data, ehrpd, 1xev-do, 700mhz, 4g, handover, research-and-development, dual-mode, Canada

Nortel CEO Mike Zafirovski steps down

Mike Zafirovski is stepping down as CEO of Nortel Networks, which is currently liquidating. Additionally, Nortel's board of directors will be reduced from nine to three. more

Related Tags: mike-zafirovski, three, Canada

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