Nortel's GSM Biz Headed to Auction Block
Nortel has officially put up its global GSM and GSM-R (for railroads) business units for sale. The company has taken the first steps in the U.S. and Canada to facilitate the sale. Bids for the GSM/GSM-R business units must be submitted by November 5, with an open auction to follow November 9. Nortel declared bankruptcy earlier this year, and eventually decided to sell off its business in pieces rather than restructure.
Nokia Adds 3G and US Support to Retro 3310
HMD Global today announced the Nokia 3310 3G, an updated version of its retro feature phone announced earlier this year. The new model is slightly larger and has a new interface, but externally looks like the 2G version of this year's 3310.
Imagination Technologies Puts Itself Up for Sale
Imagination Technologies today said it has put the entire company up for sale following its loss of business with Apple. Earlier this year Apple announced plans to make its own GPU for the iPhone, a part Imagination Technologies has manufactured for Apple for years.
Imagination to Divest Biz Units In Wake of Losing iPhone Contract
Imagination Technologies said it plans to sell two of its business units and strengthen its balance sheet before its years-old partnership with Apple expires. Earlier this year Apple told Imagination Technologies that it will no longer need the company's GPUs for the iPhone in 15 to 24 months time.
Republic Wireless MVNO to Add GSM-Based Service
Republic Wireless, an MVNO that operates on Sprint's network, says it has signed a deal with a GSM-based carrier and will expand service with a GSM smartphone later this year. Republic's SVP of sales Lon France told Fierce Wireless the device will be a high-end Motorola handset, though he didn't name the exact model nor the new carrier partner (likely T-Mobile).