Phone Scoop

printed December 19, 2014
See this page online at:

Home  ›  News  ›

Nokia Siemens Joins Auction for Nortel Assets

Article Comments  

Nov 20, 2009, 2:09 PM   by Eric M. Zeman

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.

more info at Wireless Week / Associated Press »



Forum Options

This forum is closed.

Subject Author Date
No messages.
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.