The Finnish joint venture will acquire manufacturing operations for Motorola's GSM, CDMA, WiMAX and LTE products. About 7,500 Motorola employees will join Nokia Siemens Networks
At a speech at the Toronto Board of Trade, Ericsson Canada Inc. chief technology officer Dragan Nerandzic said in 20 years, everything with a microprocessor will be connected to a network. Wireless users will want video content, such as updates to weather or sports on their handheld cellular devices, he said, though they will not be watching movies
Nortel Networks Corp., once a US$28 billion network equipment maker, is now selling off its business assets. What has happened in the 12 months since it filed for court protection from creditors?
If approved by courts and regulators, Ciena will offer jobs to about 1,400 Canadian Nortel employees. Infonetics analyst Andrew Schmitt predicts this will provide relief to Nortel employees concerned about their future
Executives from the Swedish telecom equipment maker could not say how many Nortel CDMA or LTE employees will stay on in Canada with Ericsson. But it plans to keep both its Montreal lab and the Nortel plant in Ottawa
The Swedish telecommunications equipment manufacturer was the highest bidder and was willing to pay nearly double what Nokia Siemens Networks originally offered