View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 8, 2009

NSN to bid for big piece of Nortel: reports

Media speculation of US buy-in for Euro giant

By CBR Staff Writer

Telecommunication equipment giant Nokia Siemens Networks is said to be in the running to buy some of the larger parts of troubled Nortel Networks Corp, which went into Chapter 11 bankruptcy protection in January.

The move is seen as offering a stronger foothold in the lucrative North American markets to the world’s second biggest supplier of telecommunications networking gear. 

Newspaper reports suggest that the joint venture business between Nokia Corp and Siemens AG has already made an unsolicited offer for most of Nortel’s carrier networks business, including some of its wireless and VoIP interests.

Apparently, Siemens Enterprise Communications and Avaya Inc are two of the companies expected to bid for Nortel’s enterprise telecom business, which is also to be divested as part of the ongoing restructuring process of the Canadian networking group.

Content from our partners
How to engage in SAP monitoring effectively in an era of volatility
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU