Nortel Networks

UPDATE 2-Ciena raises bid for some Nortel assets-sources

Reuters UK (Free subscription) | yesterday

* Auction for metro ethernet assets ongoing-sources (Adds analyst comments, details on Ciena bid, byline)

• Ciena Said to Win Nortel Unit for $769 Million - DealBook
• Ciena wins auction for some Nortel assets: sources - Reuters

Ciena takes Nortel unit auction to 2nd day: sources

Reuters (Free subscription) | 21/11/2009

NEW YORK (Reuters) - The auction for Nortel Network's optical networking and carrier ethernet business went into a second day on Saturday, after Ciena called for a break in the auction late on Friday, two sources said.

Nokia joins Siemens in Nortel bid

atHome Top Story (Free subscription) | 21/11/2009

Insolvent telecom equipment maker Nortel Networks Corp. started the auction for its optical networking and carrier ethernet business on Friday, with Nokia Siemens Networks joining the fray.

Nokia Siemens joins Nortel auction

CBC.ca (Free subscription) | 20/11/2009

Insolvent telecom equipment maker Nortel Networks Corp. started the auction for its optical networking and carrier ethernet business on Friday morning, with Nokia Siemens Networks joining the fray.

Nortel Provides Update on Auction Date for the Sale of its GSM/GSM-R Business

MobileTechNews (Free subscription) | 20/11/2009

Nortel delays GSM/GSM-R auction previously scheduled for November 20, 2009.

• Nortel: Nortel Provides Update on Auction Date for the Sale of its GSM/GSM-R Business - Market Wire

'Threat to jobs' if case delayed US unemployment figures stabilise EU clears Avaya's Nortel purchase

The Irish Times (Free subscription) | 20/11/2009

US telecom equipment maker Avaya has received EU regulatory clearance for its planned buy of assets owned by bankrupt Canadian peer Nortel Networks. Avaya is buying Nortel’s enterprise business, which builds networks and voicemail systems for companies and government agencies, for about $900 million.

Avaya gets EU approval for Nortel deal

ireland.com (Free subscription) | 19/11/2009

US telecom equipment maker Avaya has received European Union regulatory clearance for its planned buy of assets owned by bankrupt Canadian peer Nortel Networks.

Nokia Siemens, One Equity bid for some Nortel assets

Daily News Analysis (Free subscription) | 19/11/2009

Nokia Siemens Networks and private equity firm One Equity Partners have jointly bid for Nortel Networks Corp's optical networking and carrier ethernet business.

NSN emerges as bidder for Nortel optical operations - report

Telecompaper (Free subscription) | 19/11/2009

(Telecompaper) Nokia Siemens Networks and private equity firm One Equity Partners have jointly bid for Nortel Networks's Optical Networking and Carrier Ethernet businesses, according to a person familiar with the sale cited by Reuters. This bid challenges an earlier bid made by US-based network equipment manufacturer Ciena of USD 526 million for the assets. Last month, the bankrupt Canadian telecommunications...

Daw: Recovery not enough to rescue pensions

atHome Top Story (Free subscription) | 19/11/2009

The health of most pension plans continues to improve as stock markets recover, but it will be a long time before plan members in private industry can rest easy.

RPT-UPDATE 2-Nokia Siemens, One Equity bid for some Nortel asset

Reuters UK (Free subscription) | 19/11/2009

* Joint Nokia Siemens, One Equity bid to rival Ciena's

Nortel Losses Shrink on Lower Costs

cellular-news (Free subscription) | 17/11/2009

Nortel Networks has reported revenues in the third quarter of US$1.05 billion, compared to US$2.3 billion a year ago.

Nortel wins court approval for JPMorgan hold sale proceeds

Telecompaper (Free subscription) | 16/11/2009

(Telecompaper) Nortel Networks has won a court approval to have JPMorgan Chase hold proceeds from the sales of its telecommunications units after regulators warned that the money may not be available for Canadian creditors, reports Bloomberg. Ontario Superior Court judge Herman Wilton-Siegel approved the request by Nortel, which is selling businesses after filing for bankruptcy protection in Canada...

Nortel Completes Sale of CDMA Business and LTE Access Assets to Ericsson

MobileTechNews (Free subscription) | 16/11/2009

Nortel completes sale of CDMA Business and LTE Access assets to Ericsson for a purchase price of US $1.13 billion.

Airvana to get $39.6M Nortel-related payment

cellular-news (Free subscription) | 14/11/2009

Airvana, which supplies products used by wireless operators, said Friday it will get a $39.6 million payment for outstanding invoices related to products and services it sold to Nortel Networks before Nortel filed for bankruptcy protection.

• Airvana to get $39.6M Nortel-related payment - Seattle Times
• Airvana to get $39.6M Nortel-related payment - San Fransisco Chronicle
• See the 4 articles on the same subject