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Ericsson wins $1.3B Nortel CDMA LTE technologies bid

Nortel has confirmed today it has entered into a sale agreement with Swedish-based Ericsson Corp. to buy Nortel’s CDMA Business and LTE Access Assets for $1.13 billion following Nortel’s liquidation.

Nortel President and CEO Mike Zafirovski said in a statement today, “[The sale] represents a very positive prospect for our customers who will be able to continue their relationships with a long term partner; for employees who will have new opportunities at Ericsson and for many of our other stakeholders. I want to especially thank our customers for their tremendous support during the process, which contributed to such a positive outcome.”

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Ericsson to invest $1.5B in South Korea

Swedish-based telecom network maker Ericsson has announced it will be investing $1.5 billion over the next five-years in South Korea to build a research center to create fourth-generation network equipment.

Under the plan, Ericsson will employee a total of 1,000 people at its South Korean-based unit, up from just under 100 current employees.

Ericsson CEO Carl-Henric Svanberg announced the plan today during a meeting in Sweden with South Korean President Lee Myung-Bak.

The new 4G wireless technologies will be sold around the world to telecoms.

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China to Issue New 3G Licenses

China has announced it will begin to issue licenses to companies for its 3G mobile network for over $40 billion in government contracts. The Chinese infrastructure will include C and WCDMA, and TD-SCDMA. It is more likely China will opt for extensive use of the TD-SCDMA standard as it was developed by China and therefore China would avoid paying royalties. The Chinese government has awarded 3G contracts mainly to domestic Read the full story

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Google Android Gets New Partners, Sales to Skyrocket


The Google Open Handset Alliance today has just announced 14 new members are on board for further developing and adopting Google’s Android Mobile OS. The new companies include Sony Ericsson, Toshiba, Garmin, ASUSTek, AKM Semiconductor Inc., Telco Vodafone, among others. Ericsson has also previously announced it plans to release a Google powered device by mid 2009. “Sony Ericsson is excited to announce its membership of the Open Handset Alliance and confirm its intention to develop a handset based on the Android platform,” said Rikko Sakaguchi, CVP and head of Creation and Development at Sony Ericsson. The most notable news here is that Vodafone is on board, who has more than 280 million subscribers. The GPhone is expected to sell about 500,000 units by the end of 2008 (manufactured by HTC), and will only sell more given the new partnerships in 2009. The GPhone is free for partners to use while other mobile operating systems are significantly more costly. I can tell you from experience that each Windows Mobile license costs about $7 per unit, while Symbian costs about $3 per unit. Clearly, there is a lot of money for companies to save when they sell millions of units.

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