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Wednesday, July 1, 2009

Nortel's LTE Patent Goldmine

Source: Light Reading
There's a good reason why Nortel Networks Ltd. seems keen to hold on to its LTE (Long Term Evolution) access intellectual property and not flog it to Nokia Siemens Networks as part of its wireless asset fire sale: Those patents are worth an absolute fortune!

That, at least, is the view of JP.MorganChase analyst Ehud Gelblum, who issued a research note Monday stating that Nortel's LTE patents could generate royalty revenues of hundreds of millions of dollars, possibly even as much as $2.9 billion.

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