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Thursday we took a closer look at the struggles of Nokia Siemens Networks and its contribution to a quarterly loss posted by parent Nokia Oyj (NYSE:NOK). The $1.35 billion goodwill-impairment charge at NSN was the main culprit in Nokia's $832 million loss, its first in a decade. But not the...
Posted on October 16, 2009 1:25 PM
On the eve of a heated auction for the wireless infrastructure assets of bankrupt telecom equipment maker Nortel Networks Corp. -- scheduled for Friday -- the company's portfolio of wireless communications patents looks like something of a wildcard.Given the way that licensing negotiations in this huge, patent-intensive industry can resemble...
Posted on July 23, 2009 1:06 PM
Nokia Corp. (NYSE:NOK) is based in Finland, Siemens AG (NYSE:SI) is German, and Nortel Networks Corp. is in Canada, but a possible deal tying these three companies together has a strong presence in Dallas. Joint venture Nokia Siemens Networks BV, which has had a weak U.S. presence in comparison...
Posted on July 20, 2009 3:05 PM
On June 22 Nokia Siemens Networks BV became the stalking-horse bidder for the wireless infrastructure business of bankrupt Nortel Corp. If its $650 million bid succeeds, it will get Nortel's CDMA operations (the world's second largest) plus its LTE assets. LTE, or long-term evolution, is a standard for the next...
Posted on June 29, 2009 9:38 AM
If telecom supplier Nortel Networks Corp. (NYSE:NT) should liquidate instead of re-emerging from bankruptcy, it looks like there's plenty to sell. According to The Wall Street Journal and other media reports, Nortel is in talks about selling its enterprise unit and wireless equipment business. Nokia Siemens Networks, Avaya Inc. (NYSE:AV),...
Posted on March 12, 2009 12:13 PM
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