FTC Approves Google, Apple and Intel Bids for Nortel Wireless Patents
The United States Federal Trade Commission has approved both Google’s and Intel’s preliminary bids for former Canadian networking giant Nortel Networks after weeks of deliberation. Google has already bid $900 million for the assets, which range from 6,000 patents to satisfy bankruptcy obligations. The patents in question cover 3G/4G wireless, internet, voice, data, optical networking, […]
Nortel Gives Up on Restructuring, Will Sell Assets to Nokia-Siemens Networks
After declaring bankruptcy in January, Canadian telecommunications conglomerate Nortel Networks has decided to end its current restructuring activity and will liquidate all of its core assets by accepting a $650 million bid by Nokia Siemens Networks for the most lucrative part of its carrier-networks division and a wireless-research unit in a statement filed on Friday. […]
T-Mobile and Nortel Announce Further Milestone for LTE
T-Mobile and Nortel Networks have jointly announced that they have achieved a data rate of 170 Mbps on the downlink and 50Mbps upload at 41mph while traveling around the area of Bonn, Germany down a highway within range of three cellsites. The German subsidiary of the international carrier has also made remarks to Reuters stating […]