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Courts sign off on Nortel's patent portfolio sale, auction set for June 20

Nortel Networks Corp. has received court approvals in Canada and the United States to move forward with the sale of its patent portfolio. The courts approved the the "stalking horse" bid for $900 million made by Ranger Inc., a unit of Google Inc. (GOOG).The...

Nortel’s patents up for grabs, but will Google or RIM win out?

Google may have to fend of Canadian firm Research In Motion Ltd (RIM) when it comes to snapping up Nortel Networks Corp.’s patent portfolio, according to Bloomberg news, which says the BlackBerry maker could beat Google Inc.’s $900 million offer.

Capital Markets: Google bids for Nortel; TelePacific finishes acquisition; and more

TelePacific Communications, announced that it has received regulatory approval for and completed the acquisition of fixed wireless internet service provider NextWeb, Inc., dba Covad Wireless. Through its acquisition of NextWeb, TelePacific now controls a WiMAX-featured wireless broadband network, a licensed microwave backhaul network, and...

Google bids $900 million for Nortel's patent portfolio

Google Inc. has an undeniably massive war chest for just about anything it wants. Now it's setting its sights on Nortel Networks Corp.'s patent portfolio. Google said it's bidding $900 million for the bankrupt company's patent portfolio.While Google continues to argue for patent law...

Capital Markets: Intel acquires McAfee; EU approves Ericsson; and more

Intel Corporation announced the acquisition of McAfee, Inc. is complete. McAfee will continue developing and selling security products and services under its own brand. As a wholly-owned subsidiary of Intel, McAfee reports into Intel's Software and Services Group. The acquisition is said to...

ZTE to bid on Nortel patents, Ericsson “watching”

Reuters | February 16, 2011 | Huang Yuntao and Leila Abboud (Reuters) - A major Chinese telcoms-network equipment maker said on Wednesday it will bid on patents related to next-generation wireless technology held by bankrupt Nortel Networks. ZTE, China's No. 2 telecoms equipment maker, is eyeing...

ZTE to bid on Nortel patents, Ericsson "watching"

Reuters | February 16, 2011 | Huang Yuntao and Leila Abboud (Reuters) - A major Chinese telcoms-network equipment maker said on Wednesday it will bid on patents related to next-generation wireless technology held by bankrupt Nortel Networks. ZTE, China's No. 2 telecoms equipment maker, is eyeing...

Genband picks up Cedar Point for stronger VoIP position

Genband is increasing its position in the cable VoIP softswitch sector, announcing it plans to acquire Cedar Point Communications Inc., a privately held company that provides IP switching solutions for cable operators. Terms of the deal were not disclosed. The purchase is the latest...

Reality Check: Wave of consolidation washing over wireless

Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace. It’s been said that a rising tide raises all ships, but not so in the wireless...

John Roese to head up Huawei's R&D efforts in North America

Despite a run of recent setbacks in the United States, Huawei Technologies Co. Ltd. is making strategic moves, including hires, to keep its big plans for this market alive.John Roese, former CTO at Nortel Networks, is now joining the company as SVP and GM...

@ Perspective 2010: Operators not deploying new networks without new services

FRISCO, Texas--Despite all of the operating efficiencies that can be gained from deploying all Internet Protocol networks, carriers aren't going to implement the huge undertaking unless they can offer new services with new pricing plans on the networks, carriers said in a far-ranging panel...

Spotlight on: Genband: Firm integrates Nortel VoIP assets, employees

Fresh off its May 28 official acquisition of Nortel Network Ltd.'s VoIP business, Plano, Texas-based Genband has been busy integrating new employees and product lines, as well as adding to its existing product portfolio with a new partnership.With the $182 million acquisition of Nortel's...

CEO Compensation: No. 11 through 20

Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. Last week, RCR Wireless News ran the list of the top 10 highest paid wireless executives. This week we are featuring No. 11- 20. Some caveats apply: private companies...

Nokia Siemens Networks to increase U.S. customer base with Motorola purchase

Nokia Siemens Networks should be able to increase its presence in the United States and Japan with the announced acquisition of Motorola Inc.'s networks business. The $1.2 billion acquisition was hinted at last week. Motorola will retain its iDEN networks business.Nokia Siemens will pick...

DAS part of reason Tyco picked up ADC: New speculation NSN will buy Motorola networks biz

A shakeup in the wireless infrastructure segment seems certain as Tyco Electronics Ltd. (TEL) bought ADC Telecommunications Inc. (ADCT) for $1.25 billion and speculation heats up that Nokia Siemens Networks will pick up Motorola Inc.'s (MOT) networks business, a buy that could be...

Capital Markets: BlackBerry Fund expands in China, Transpera completes funding, and more

The BlackBerry Partners Fund, an independent venture capital firm that works in collaboration with Research In Motion, said it has expanded its investment activities in China with the launch of a $100 million affiliate fund focused on mobile investment opportunities in the country. BlackBerry...

@CTIA: Vendors aim to address carriers' needs as network traffic increases

As carriers adjust to increased stress on the network from increased data usage, wireless vendors are introducing a variety of products and services designed to manage that increased traffic. Following is a roundup of some of the vendor announcements at the show around advanced...

Worst of the Week: My predictions for 2010

Hello! And welcome to our Friday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....

Ericsson buys Nortel’s GSM assets in North America

Having successfully completed the purchase of Nortel Network’s CDMA and LTE assets, Ericsson announced plans to buy the bankrupt network manufacturer’s GSM assets in the U.S. and Canada for $70 million. Austrian-based Kapsch CarrierComm AG is picking up the rest of Nortel’s GSM business...

UPDATED: Busy week for jobs in telecom sector

Following an intense weekend of bidding, Linthicum, Md.-based Ciena Corp. prevailed in winning bankrupt telecom equipment provider Nortel Networks Corp.'s Metro Ethernet Networks business for $769 million in total compensation. The assets include Nortel's optical networking and carrier Ethernet business and are expected to...

Reality Check: Mobile broadband goes mass-market

Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.The global mobile industry is about to reach a major inflection point: Mobile broadband is on the...

North America becomes Ericsson’s largest sales region: And second-largest employment region

North America has become Ericsson's largest sales region and its second-largest employment region with the just completed acquisition of Nortel Networks assets and the recent outsourcing win from Sprint Nextel Corp. Ericsson's $1.13 billion purchase of bankrupt infrastructure vendor Nortel, which was finalized...

Spotlight: Q&A with Ericsson CTO Hakan Eriksson

Ericsson’s growing presence in the North American market is set for further expansion in the coming months as the infrastructure and technology giant this week announced that its current CTO Hakan Eriksson would begin heading up the company’s IP business based in San Jose,...

Analyst Angle: Evolution of wireless infrastructure OEMs

Editor's Note: Welcome to our weekly feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry.Wireless infrastructure OEMs such as the likes of Ericsson, Nokia Siemens Networks, Alcatel-Lucent, Huawei, etc.,...