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NOT A SUBSCRIBER?Nokia Siemens may enter Nortel auctionPosted on November 4, 2009 3:30 PM
Nokia Siemens Networks is considering a bid for the Ethernet business of bankrupt telecom equipment maker Nortel Networks Corp. in competition with a stalking-horse bid from Ciena Corp., according to a media report.
The Ethernet auction is the latest step in the breakup of Toronto-based Nortel, which filed for bankruptcy in January with C$4 billion ($3.7 billion) in debt. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline.
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