By Editor on October 2, 2009 · Leave a Comment
Nortel announced on wednesday that it is planning to sell off its GSM and GSM-R (GSM for railways) assets via an open
auction process due to be held on November 9, 2009. The transaction will include GSM related
patents and non-exclusive
licenses to other relevant patents.
Subject to approval of the
bidding procedures filed with the US and Canadian courts, qualifying bidders will need to submit offers for the assets by November 5, 2009.
Earlier in September, Avaya emerged as the winning bidder for Nortel’s corporate communications unit, with an offer of close to a billion dollars.
Earlier in August, the CEO and
president of Nortel, Mike Zafirovski had announced his resignation effective immediately.
Nortel announced on wednesday that it is planning to sell off its GSM and GSM-R (GSM for railways) assets via an open auction process due to be held on November 9, 2009. The transaction will include GSM related patents and non-exclusive licenses to other relevant patents.
Subject to approval of the bidding procedures filed with the US and Canadian courts, qualifying bidders will need to submit offers for the assets by November 5, 2009.
Earlier in September, Avaya emerged as the winning bidder for Nortel’s corporate communications unit, with an offer of close to a billion dollars.
Earlier in August, the CEO and president of Nortel, Mike Zafirovski had announced his resignation effective immediately.
Filed under Mobile ·
Tagged with Auction, Avaya, bidding procedures, billion dollars, canadian courts, CEO, corporate communications, GSM, GSM-R, Mike Zafirovski, Nortel, open auction, President, resignation, Transaction, U.S
By Editor on August 1, 2006 · Leave a Comment
www.WirelessFederation.com/news: Mobile Virtual Network Operator (MVNO) agreement has been signed between Tele2 Telecommunications Services GmbH and VIAG Interkom in Germany as per which Tele2 will use Interkom’s wireless network to provide the air interface for Tele2′s fixed line customers.
With over 1 million residential and business fixed telephony customers, Tele2 is one of Germany’s largest Indirect Access Operators.
According to Lars-Johan Jarnheimer, President and CEO of Tele2 AB, Germany is the largest telecoms market in Europe and this MVNO will enable Tele2 to offer an attractively priced offering of both fixed and mobile services on one bill to its customers.
The MVNO is expected to be operational in Q2 2002.
Filed under Mobile ·
Tagged with Access, Agreement, Business, Communication, Communications, Customer, Customers, Europ, Europe, Fixed, Fixed Line, Fixed Telephony, German, Germany, Interface, Market, Mobile, Mobile Service, Mobile services, Mobile Virtual Network Operator, MVNO, Network, obile, Offer, Opera, Operation, operator, operators, perators, President, Price, Service, Services, Tele2, Tele2 AB, Teleco, telecom, Telecommunication, Telecommunications, telecommunications services, Telecoms, Telecoms Market, telephony, VIAG Interkom, virtual network, Wireless, Wireless network, WirelessFederation
