Nortel wireless fire sale delivers North American footprint to NSN
Nortel’s wireless carrier network infrastructure division may bring in a paltry $650 million if the Nokia Siemens Networks (NSN) deal goes through. By all accounts, NSN — the joint venture of Nokia...
View ArticleBreaking: Ericsson bids $730mm for Nortel’s CDMA, LTE assets
Ericsson has finally entered the Nortel fray, announcing their starting bid at $730 million for bankrupt vendor’s LTE and CDMA asset a day before the official auction is held. It will now be (at least)...
View ArticleGood MEN are hard to find: Ciena to pay $769M for Nortel’s CE/optical biz
From stalking horse to ponying up more than three quarters of a million bucks, Ciena will be taking home most of Nortel’s Metro Ethernet Networks (MEN) business for $769 million, the companies...
View ArticleCiena OK’d for Nortel optical/CE biz, judges tell NSN ‘too little, too late’
So far, the bankruptcy court proceedings for auctioning off Nortel’s assets have been lacking some good old-fashioned courtroom drama for us in the peanut gallery. Competitor A puts in bid, Competitor...
View ArticleNSN gobbles up some of Motorola’s wireless network infrastructure goodies
Nothing like starting off the week with a bang. Nokia Siemens Networks announced today it’s paying $1.2 billion for some of Motorola’s wireless technologies — and perhaps just as significant, its...
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