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Nortel 920-123 : NNCSS-BayStack/BPS Switching Exam

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Test Number : 920-123
Test Name : NNCSS-BayStack/BPS Switching
Vendor Name : Nortel
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Nortel Study Guide

BREAKING news: Ericsson buys Nortel | 920-123 Free PDF and Study Guide

LM Ericsson of Sweden, which is working on long term Evolution (LTE) products in Montreal, has agreed to buy the carrier instant property of Nortel Networks Corp. for US$1.1 billion.

Ericsson changed into the maximum bidder in an auction that wrapped up early Saturday.

Toronto-primarily based Nortel, which has been operating under bankruptcy insurance policy due to the fact Jan. 14, has been trying to sell most of its property for months.

The belongings Ericsson will gain are the code division numerous access (CDMA) products, plus the contracts to sell those items to North American carriers. it will additionally inherit Nortel’s LTE technologies. It became now not immediately clear which employees, facilities or products can be redundant.

See IT World Canada’s updates to this story.

Ericsson outbid MatlinPatterson, a non-public equity enterprise retaining about 10 per cent of Nortel’s long-term debt, and Nokia Siemens Networks, which agreed in June to buy Nortel’s wireless unit for US$650 million.

Nokia Siemens Networks has deliberate to make use of the Nortel unit to expand in North the us. It has seventy five emlpoyees in Canada and had planned to offer jobs to 2,500 Nortel personnel, one-third of whom would have been in Canada.

research in motion Inc. of Waterloo had no longer formally bid in the public sale, however the Globe and Mail suggested that the BlackBerry maker become anticipated to support MatlinPatterson’s efforts after allegations to the executive it had been blocked from buying its instant items and features.

Ericsson president Carl-Henric Svanberg mentioned in a statement the contract comprises crucial CDMA contracts with North American operators reminiscent of Verizon, sprint, U.S. mobile, Bell Canada and bounce, in addition to LTE property, certain patents and patent licenses concerning CDMA and LTE. Nortel’s consumers will additionally advantage from the continued support of Nortel’s installed CDMA base and the migration path to LTE.

“buying Nortel’s North American CDMA company enables us to serve this essential place enhanced as they build relationships for the longer term migration to LTE,” he talked about.

Ericsson will host a press convention Monday morning to define extra particulars of its plans for Nortel’s assets following the acquisition.


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