Mobile and Wireless

Ericsson completes Nortel acquisition in North America

By Team Diginews4u ⋅ November 18, 2009 ⋅  Email This Post ⋅ Post a comment

Ericsson has completed its acquisition of substantially all of Nortel’s CDMA business and LTE assets in North America.

The acquisition includes the transfer of important CDMA contracts with North American operators including Verizon, Sprint, US Cellular, Bell Canada, Telus and Leap, as well as LTE assets, certain patents and patent licences relating to CDMA and LTE.

The former Nortel staff will be integrated into the Ericsson group over the coming months and the entity will work under the Ericsson brand.

In terms of sales, North America will now be Ericsson’s largest region.

In addition to the people Ericsson gains through the combination, the company also hopes to benefit from knowledge of Nortel’s CDMA customers and their networks.

Related posts:

1. Coreflow expands into North America
2. Nokia Siemens to buy LTE, CDMA assets from Nortel
3. Sony expands PS business to Latin America
4. Radware to acquire Nortel’s Layer 4-7 Application Delivery Business
5. Tech Data completes acquisition of Scribona assets

Tags: Acquisition, CDMA, Marketing, Patents