4G5GWorld has a new home now. Visit TelecomGrid for new stories and blogs!
RIM: Keep Nortel's LTE assets in Canadian hands
Posted on 09. Aug, 2009 by LteWorld
in News, LTE
August 9, 2009 | FierceBroadbandWireless - The Canadian House of Commons Industry Committee held an emergency meeting scheduled on Friday to discuss the auction process that ended with Ericsson successfully walking off with Nortel's CDMA and LTE assets for $1.13 billion.
The Canadian Deputy Minister of Investment proclaimed that his department would look into what he called an "apparent discrepancy" between the terms Ericsson was given and what Research in Motion was offered to buy Nortel Network's CDMA and LTE assets, according to Unstrung.
