Ericsson has acquired the North American GSM assets of bankrupt Nortel for $70m, this follows their successful purchase of the North American CDMA and LTE assets (for $1.13bn).
The GSM equipment is used by AT&T Mobility and T-Mobile USA. Ericsson also get 350 ex Nortel employees. The GSM operation made about $400m for Nortel last year, so the buy seems quite a steal.
The European and Taiwan assets were bought by Austrian firm Kapsch CarrierCom for $33m.
Showing posts with label Nortel. Show all posts
Showing posts with label Nortel. Show all posts
2009/11/25
2009/02/19
Nortel cant die
Nortel will still be here in 10 years - or at least some incarnation of Nortel. It's extremely unlikely that they'll die.
Nortel are so ingrained in the large telcos that they cant die. They manufacture switches, not the kind you sit on your desk that have a few Ethernet cables plugged in, but telephony switches - the kind that have thousands of customers plugged into. There are thousands (if not tens of thousands) of these telephony switches in lots of networks and they're not the kind of thing you can replace easily.
As a telecoms provider with Nortel switches that you've paid millions of dollars for, you need them to be there. You also want to ensure they'll be supported for the next 10 years or so. When a CPU board fails, you want to know it's going to be replaced and someone needs to ensure any software bugs are fixed.
So though Nortel might be going through a bit of a bad patch, even if the company per se goes under, Nortel will still be there and their spirit at least will live on, just maybe consumed by another company - Nortel's systems are alive and well and will be for the for a while - if they aren't then don't try making a telephone call for a while.
Nortel are so ingrained in the large telcos that they cant die. They manufacture switches, not the kind you sit on your desk that have a few Ethernet cables plugged in, but telephony switches - the kind that have thousands of customers plugged into. There are thousands (if not tens of thousands) of these telephony switches in lots of networks and they're not the kind of thing you can replace easily.
As a telecoms provider with Nortel switches that you've paid millions of dollars for, you need them to be there. You also want to ensure they'll be supported for the next 10 years or so. When a CPU board fails, you want to know it's going to be replaced and someone needs to ensure any software bugs are fixed.
So though Nortel might be going through a bit of a bad patch, even if the company per se goes under, Nortel will still be there and their spirit at least will live on, just maybe consumed by another company - Nortel's systems are alive and well and will be for the for a while - if they aren't then don't try making a telephone call for a while.
2009/01/15
Nortel files for bankruptcy
Nortel has filed for Chapter 11 and 15 bankruptcy protection in Delaware. It has also filed for protection in Canada and it's assumed European and other areas will also file for protection.
Nortel was one of the telco giants and it's unlikely it will disappear as so many telcos (both old school and new wave) depend on Nortel for core network equipment such as telephony exchanges etc.
Even if they do go under, they'll emerge under the wing of someone like Alcatel-Lucent or another huge operator.
Nortel have been struggling for a while and the credit crunch is the last straw that broke the camel's back.
Nortel was one of the telco giants and it's unlikely it will disappear as so many telcos (both old school and new wave) depend on Nortel for core network equipment such as telephony exchanges etc.
Even if they do go under, they'll emerge under the wing of someone like Alcatel-Lucent or another huge operator.
Nortel have been struggling for a while and the credit crunch is the last straw that broke the camel's back.
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