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Ericsson Adds Nortel's GSM Unit For $70M

By Evan Weinberger (November 25, 2009, 12:41 PM EST) -- Swedish telecommunications giant Telefonaktiebolaget LM Ericsson announced Wednesday a deal to purchase bankrupt Nortel Networks Corp.'s GSM assets in the United States and Canada in a $70 million all-cash deal, adding to Ericsson's purchase haul from the collapse of the Canadian telecommunications company....

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