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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
.. 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. This acquisition gives Ericsson access to a product portfolio and installed base in the data segment while ensuring the supply of the platform for the recently acquired CDMA and GSM units. more
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. This acquisition will significantly expand Ericsson's footprint in the Korean market and provide Ericsson with a well established sales channel and strong R&D capability in the country. 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. All three leading analyst firms' recently published reports rank nortel as the global leader with the largest revenues in the carrier IP market for the third quarter of 2009. 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. Inter-technology handover allowing mobile users the ability to move between LTE and CDMA networks without losing data connectivity means that operators can run these networks concurrently without impacting services. This will help to ensure that users have full network coverage while taking advantage of LTE speeds, wherever initially available. 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
nortel Networks reported a 25% drop in second-quarter revenues to US$1.97 billion, with declines in all segments and regions and increased by 14 percent from the previous quarter. The company reported a net loss in the second quarter of 2009 of US$274 million, compared to net loss of US$113 million a year ago. more
Related Tags: mike-zafirovski, three, Canada
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