May 27, 5:54 PM EDT
Media & Culture
Ericsson, Kapsch win bid for Nortel's GSM assets
By IBT Staff Reporter on 11/25/09 AT 11:31 AM
Sweden's Ericsson and Austria's Kapsch CarrierCom AG will acquire certain wireless technology assets from Nortel Networks Corp, the bankrupt Canadian telecom equipment maker said on Wednesday.
Nortel to sell GSM business
By IBT Staff Reporter on 09/30/09 AT 11:40 PM
Nortel Networks Corp said on Wednesday it plans to sell its global GSM business, as the bankrupt telecom equipment maker continues to auction off its assets.