Source: Light Reading
Nortel Networks Ltd. isn't selling quite as much to Nokia Siemens Networks as might have first appeared, as the Canadian vendor is holding on to some key patents related to LTE (Long Term Evolution), the all-important proto-4G technology that's set to power the world's next-generation mobile networks.
A Light Reading probe into the details of the proposed $650 million acquisition of CDMA and LTE assets finds that, although Nortel's official announcement stated it provided "Details of Sale Process for CDMA Business and LTE Access Intellectual Property Rights [IPR]," Nokia Siemens Networks (NSN) isn't buying any key LTE-related IPR from Nortel as part of the current proposed deal.
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