NSN Nortel deal?

Posted by ssrps on April 28, 2009

Most analysts are buzzing about NSN as the prospective buyer of Nortel mobile assets seeking to challenge ALU in the CDMA market while grabbing the existing Nortel customer base. See Reuters article from last week and an article from telecom magazine earlier this month.

Financial watchers have reported on NSN seeking credit speculating that it might be for the acquisition

In the meantime Nortel has filed for extending its bankruptcy protection till July 30 (was due to expire at the end of April).

BTW, info on all one ever wanted to know about Nortel is available at All about Nortel.

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This entry was posted on April 28, 2009 at 10:31 am and is filed under NEP. Tagged: NEP, Nortel, NSN. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “NSN Nortel deal?”

NSN Nortel deal « World of telecom said

June 22, 2009 at 12:27 am
[...] by ssrps on June 22, 2009 As discussed here earlier, the press releases from Nortel and NSN are out this weekend. A “stalking [...]

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NSN Nortel deal?

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NSN Nortel deal « World of telecom said

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