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.
Canadian media favours protectionism, wants Nortel sale cancelledJuly 30th, 2009 TORONTO - Taking protectionism and nationalism to absurd levels, the Canadian media has now joined opposition parties to pressure the government to stop sale of Nortel assets to Ericsson. The Swedish telecom major acquired Toronto-based Nortel's wireless business for $1.3 billion at a court-supervised auction in New York Friday.
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.
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.
India way behind China, Brazil in trade with CanadaApril 4th, 2009 TORONTO - China and Brazil have left India way behind in promoting trade ties with Canada as the world's ninth largest economy tries to reduce its economic dependence on the US. Though Canada and the US are the two biggest trading partners in the world with their annual bilateral trade of nearly $700 billion, Canada has started diversifying into other markets as figures released Friday by Statistics Canada revealed.
BSNL launches wireless broadband in GujaratFebruary 27th, 2009 NEW DELHI - State-run telecom major Bharat Sanchar Nigam Ltd (BSNL), in association with US-based WiMax solutions provider SOMA networks, Thursday launched wireless broadband services in Gujarat. A BSNL statement said the wireless broadband initiative would spread the expansion of broadband connections in the country.
Canada, IIT Delhi partnering for wireless communication researchFebruary 27th, 2009 TORONTO - A Canadian professor will work with his counterpart at the Indian Institute of Technology (IIT) in New Delhi to find solutions to wireless communication problems as part of a new research partnership between the two countries. 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' under the Canadian government's newly launched International Research Chairs Initiative (IRCI).
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.