Courts OK Apple group's $4.5B Nortel patent buyout
U.S. and Canadian courts have approved the sale of thousands of patents from bankrupt Nortel Networks to a consortium including Apple and Microsoft for about US$4.5 billion.
U.S. and Canadian courts have approved the sale of thousands of patents from bankrupt Nortel Networks to a consortium including Apple and Microsoft for about US$4.5 billion.
On June 1, 1991, the first commercial calls over GSM were made in Finland and Sweden, Nokia Siemens and Ericsson noted Friday as they celebrated the anniversary by recollecting the early days of the technology.
Nortel Networks has auctioned off its remaining patents and patent applications to a consortium of key technology companies for a cash purchase price of US$4.5 billion.
If you're impressed with the current generation of LTE services, wait until you get a load of LTE Advanced.
Using commercial hardware, telecommunications equipment vendor Ericsson demonstrated LTE Advanced to regulators in Stockholm on Tuesday.
ST-Ericsson this week said it would cut up to 500 jobs as part of a cost-savings plan that could help the company reach profitability sooner.
Ericsson has reached an agreement to acquire Telcordia Technologies for US$1.15 billion, the company said on Tuesday.
India has relaxed some of its security rules for telecommunications operators and equipment suppliers, after earlier rules that required equipment makers to deposit software source code with the government came in for criticism.
Telecommunications vendor Ericsson and construction firm, Silcar are the major beneficiaries of two NBN Co contracts awarded this week.
Sony's security woes are continuing unabated as two more hacking groups today claim to have broken into the company's networks.
Technology and IP commercialisation company, ipernica (ASX:IPR), expects a $2.9 million windfall from settling a patent lawsuit against Ericsson in the US.
Android has further consolidated its status as the leading global smartphone operating system, according to data released by both Gartner and the Millennial Media mobile ad network.
Clearwire is outsourcing the management of its network to Ericsson for seven years in a bid to cut its operating costs.
Thirty-five percent of Android and iPhone owners in the U.S. use apps such as Facebook on their smartphone before even getting out of bed, according to a survey conducted by telecommunications equipment vendor Ericsson.</a>
Alcatel-Lucent reported growing revenue and a shrinking loss for the first quarter of 2011, helped by operators' need for more capacity in their fixed and mobile networks, the company said on Friday.