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Ericsson buys Nortel wireless assets for big money

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Ericsson announced its interest in Nortel’s wireless assets late, but it came home the winner, paying $1.13 billion for Nortel’s LTE and legacy CDMA business.   The deal will likely almost double Ericsson’s revenues in North America over the short term; Nortel’s CDMA operation ran at about $2 billion last year as compared to Ericsson’s [...]

AT&T outlines 3G upgrades, LTE path

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On Wednesday, AT&T announced how it plans to upgrade its 3G network to deliver faster speeds, including LTE trials in 2010 and deployments starting in 2011.

HSPA (High Speed Packet Access) 7.2 technology is the central part of today’s upgrade announcement, and will give a speed boost to AT&T’s favorite child, the iPhone.  In [...]