6 posts and columns on Nortel Networks

Voices

U.S. Steps Up Probe of Nortel Patent Deal

in News on July 30, 2011 at 5:20 pm PT

The Justice Department is intensifying an investigation into whether tech giants including Apple, Microsoft and Research in Motion could use a recently acquired trove of patents to unfairly hobble competing smartphones using Google’s Android software.

Voices

Icahn Prods Motorola to Explore Patent Sale

in Mobile on July 22, 2011 at 5:00 am PT

Carl Icahn lit a fire under shares of Motorola Mobility Holdings Inc. and opened up a potential battle with the company’s board, as the activist investor said he has urged the firm to explore options for its patent portfolio, in the wake of the $4.5 billion deal for Nortel Networks Corp.’s patents.

Voices

U.S. Probes Bidding for Nortel Patents

in News on June 3, 2011 at 2:02 pm PT

The Justice Department is scrutinizing likely bidders for a giant trove of patents being sold this month by the bankrupt Canadian telecom-equipment maker Nortel Networks Corp. amid concerns the patents could be used to unfairly hobble competitors in the wireless industry, according to people familiar with the matter.

Ciena Snags Nortel’s Optical Business

in News on November 23, 2009 at 5:30 am PT

Ciena is buying Nortel Networks’ optical networking and carrier Ethernet business after besting an offer from Nokia Siemens in a three-day auction. Ciena will pay $769 million for these assets from the now-bankrupt company, noting that they will significantly bolster its Internet infrastructure business.
acquisitions11

RIM to Nortel: WTF?

in News on July 21, 2009 at 7:13 am PT

Nortel Networks has rejected Research In Motion’s bid for the wireless infrastructure assets Nortel is unloading as part of bankruptcy proceedings. RIM said Monday night that it intended to offer $1.1 billion for Nortel’s CDMA and LTE businesses, but was told it could do so only if it agreed not to bid on other Nortel assets, something it had intended to do.
jim-balsillie

Voices

Nortel: "We're Giving Up," Says Jefferies; Cuts Rating

in News on August 4, 2008 at 2:30 pm PT

Nortel Networks (NT) shares are trading lower today after Jefferies analyst George Notter cut his rating on the stock to Hold from Buy. In a research report entitled “We’re Giving Up,” Notter writes that he is “increasingly concerned about the company’s ability to hit expectations and drive margin expansion in the face of an eroding CDMA revenue stream.”