Ericsson Wins Nortel Wireless Assets For $1.1B
Nortel announced Saturday that it and its subsidiaries had concluded the auction for its infrastructure for code division multiple access, a cell phone standard, as well as its next-generation wireless broadband technology LTE Access assets.
Nortel's wireless business is the world’s second-largest supplier of CDMA. At least 2,500 employees supporting the CDMA and LTE Access businesses will receive...
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