Nortel's GSM business also on auction blockOctober 2nd, 2009 TORONTO - Nortel, the 124-year-old Canadian telephone equipment company that is selling its various businesses to pay off its debtors, has announced to auction its GSM (global system for mobile communication) business also. Like the previous auctions of the company's wireless business and enterprise unit, the GSM division will also be sold through "open auction", Toronto-based Nortel said in a statement here.
Canada to review Avaya purchase of Nortel assets to determine if deal benefits CanadaSeptember 24th, 2009 Canada to review Nortel-Avaya dealTORONTO — Canada's industry minister said Thursday he will review the sale of Nortel's enterprise division to U.S. telecom company Avaya to determine if the deal significantly benefits Canada.
Canada won't block Nortel sale of wireless unit to EricssonSeptember 16th, 2009 Canada won't block Nortel sale to EricssonTORONTO — Canada's industry minister says the government won't block the $1.1 billion sale of Nortel Networks' wireless division to Sweden's Ericsson. Industry Minister Tony Clement said Wednesday there is no basis for a federal review of the deal on national security grounds.
Woo Indian students to Canada through education diplomacy: ExpertSeptember 6th, 2009 TORONTO - Canada should launch vigorous 'education diplomacy' to woo Indian students, says an expert on Canada-India relations. Ryan M. Touhey, a professor who has authored a study titled "A new direction for the Canada-India relationship", says India is a huge education market for Canada and Ottawa should lose no time in wooing Indian students.
Ericsson buys Nortel's wireless business for $1.13 bnJuly 25th, 2009 TORONTO - Swedish telecom major Ericsson has bought Nortel's wireless business for $1.13 billion. In a statement Saturday after Friday's court-monitored auction in New York, Ericsson said it has acquired Nortel's CDMA and futuristic long term evolution (LTE) technology.
Ericsson also bidding for Nortel's wireless businessJuly 24th, 2009 TORONTO - Sweden's Ericsson has entered the bid to acquire the next-generation wireless business of Nortel. Toronto-based Nortel, which is selling its various divisions as part of its liquidation plan, will auction its wireless business Friday in New York.
Research In Motion hangs tough on Nortel Networks wireless bid, says fight for assets not overJuly 22nd, 2009 RIM hangs tough on bid for Nortel wireless assetsTORONTO — Communication industry analysts say Research In Motion is refusing to budge in its pursuit of Nortel Networks' wireless business because its key technology patents could help secure RIM's future as a mobile phone technology leader. Veritas Investment Research Corp.
Oxford, McGill universities tie up on brain researchJuly 4th, 2009 TORONTO - Two prestigious universities - Oxford in Britain and McGill in Canada - have joined hands for research on the human brain. The two universities are among world leaders in neuroscience research.
Telenor acquires 49 percent stake in Unitech WirelessMay 20th, 2009 MUMBAI - Norway's Telenor has acquired another 15.5 percent stake in Unitech Wireless, the telecom arm of realty major Unitech, for Rs.1,130 crore (Rs.11.3 billion/$237 million), taking its shareholding in the Indian company to 49 percent, it was announced Wednesday. 'Unitech Wireless on May 19, 2009, received an amount of Rs.1,130 crore in aggregate from Telenor Asia Pte Ltd for acquisition of further 15.5 percent stake in Unitech Wireless by way of issuance of fresh shares,' the Indian telecom operator said in a regulatory statement.
Alcatel bags $150 mn contract from Unitech WirelessMay 15th, 2009 NEW DELHI - French telecom infrastructure firm Alcatel-Lucent Friday said it had bagged a $150 million contract from Unitech Wireless to support its launch of GSM operations. Unitech Wireless is a joint venture between real estate major Unitech Ltd and Norwegian telecom giant Telenor.
Telecom growth continues with 15.87 mn new connectionsApril 22nd, 2009 NEW DELHI - Continuing the telecom growth story, India added 15.87 million telephone connections during March as compared to 13.82 million a month earlier, says the Telecom Regulatory Authority of India (TRAI). With this, the total number of telephone connections reached 429.72 million at the end of March as against 413.85 million in February, a TRAI statement said.
Canada partners IIT Delhi for wireless researchFebruary 27th, 2009 TORONTO - Under a new research partnership between Canada and India, a Canadian professor will collaborate with a professor from the Indian Institute of Technology in New Delhi in wireless communication research. Robert Schober of Vancouver-based University of British Columbia will work with Ranjan Mallik of IIT Delhi to 'tackle some of the most pressing problems in wireless communication system design'.
Over 15 mn telephone subscribers added in JanuaryFebruary 21st, 2009 NEW DELHI - A little over 15 million telephone connections were added in January in India. With this, the total number of connections crossed 400 million at the end of January as compared to nearly 385 million the previous month-end, a growth of 3.96 percent, an official statement said.
Over 15 mn telephone subscribers added in JanuaryFebruary 19th, 2009 NEW DELHI - A little over 15 million telephone connections were added in January in India. With this, the total number of connections crossed 400 million at the end of January as compared to nearly 385 million the previous month-end, a growth of 3.96 percent, an official statement said.
Unitech gets spectrum space for telecom in West BengalJanuary 11th, 2009 NEW DELHI - Unitech Wireless, the telecom arm of real estate major Unitech Ltd., Monday said it has received 4.4 megahertz (MHz) of spectrum in the 1,800 MHz GSM band in the West Bengal telecom circle. With this, the company has been allotted initial spectrum in 21 service areas of India out of 22, a company statement said.
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