Ericsson Finalizes Acquisition of Nortel's CDMA/LTE Assets
Today Ericsson said that it has completed its purchase of Nortel's CDMA and LTE wireless businesses. The acquisition includes CDMA contracts with Verizon, Sprint, U.S. Cellular, and Leap, as well as LTE assets, certain patents and patent licenses relating to CDMA and LTE. Ericsson is paying $1.13 billion for these Nortel assets. Nortel employees that worked in these business units will be folded into Ericsson's operations. The deal still needs to gain regulatory approval.
HTC One A9: First Phone To Work on Verizon Without CDMA
HTC will sell an unlocked version of its new One A9 that can be used on Verizon's LTE network, even though the phone lacks the legacy CDMA technology found in all other Verizon phones to date. That makes the One A9 the first phone announced for use with Verizon in LTE-only mode.
Meet the LG Exalt, Verizon's First LTE-Only Flip Phone
Verizon Wireless recently added the LG Exalt LTE to its lineup of inexpensive flip phones. The Exalt LTE has the distinction of being Verizon's first 4G LTE basic phone, according to the carrier.
Apple and Ericsson Sign Patent Accord, Settle Lawsuits
Apple and Ericsson have signed a patent-licensing agreement and put an end to on-going patent litigation between the two. Ericsson said the deal is broad and covers 2G, 3G, and 4G LTE technologies.
Verizon's 1900 MHz Spectrum In NYC Now Entirely LTE
Verizon Wireless has completed refarming its 1900 MHz spectrum in the country's largest city, an effort first begun in 2014. The company recently converted the last remaining 10 MHz block from CDMA 3G to LTE 4G, which means Verizon is running LTE on 20 MHz of its Band 2 spectrum in New York City.
Nortel employees that worked in these business units will be folded into Ericsson's operations.