Nokia Siemens Joins Auction for Nortel Assets
According to the Associated Press, Nokia Siemens Networks is bidding against Ciena for some of insolvent Nortel's networking assets. Ciena placed a "stalking horse" bid of $521 million for Nortel's optical networking and carrier ethernet businesses. Nokia Siemens Networks has entered a bid for the assets, but the amount of that bid was not disclosed. The auction is being held today, and the winner will still need to gain regulatory approval to complete any asset acquisitions.
Nokia Confirms Talks to Acquire Alcatel-Lucent
Nokia and Alcatel-Lucent today said they are in advanced talks concerning a merger or acquisition between the two. Such a deal would would produce a massive competitor to Sweden's Ericsson and China's Huawei in the telecommunications market.
AT&T, Verizon Dominate AWS-3 Auction
The FCC today published a list of companies that placed winning bids for the AWS-3 spectrum auction. The FCC auctioned off 1,600 licenses, for which 70 companies were competing.
FCC Keeps Auction Reserve at 30 MHz
The FCC today finalized its proposed rules for next year's 600 MHz spectrum auction and kept the reserve for smaller carriers at 30 MHz. T-Mobile and others petitioned the FCC to raise the reserve to 40 MHz, but FCC Chairman Tom Wheeler believes the 30 MHz cap offers plenty of opportunity for those who may bid.
FCC Commish Calls to Question Dish's Auction Discounts
FCC Commissioner Ajit Pai is objecting to Dish Networks' claim on more than $3 billion in discounts in the recently closed AWS-3 spectrum auction. Dish did not bid directly on any spectrum.
AT&T Unhappy About Dish's AWS-3 Bidding Tactics
AT&T today accused rival Dish Networks of creating artificial demand for spectrum and raising prices in the recently concluded auction for AWS-3 spectrum. Dish itself did not bid in the auction and instead had three smaller companies participate on its behalf.