Posts Tagged ‘wireless business’

Nokia bids low for Nortel

Posted on the November 23rd, 2009 under General, Mobile Companies, Nokia by CellBharatTeam

The Canadian telecom giant has laid its optical networking and carrier Ethernet business for Dutch auction. Nortel has been selling its business to forfeit its creditors followed by a huge loss in last year. It also gained a insolvency fortification in the US and Canada in January.
But it was expected that Nokia with its financial Read More