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Nortel's fire sale starts today

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Nortel’s CDMA and LTE wireless assets are first up on the block today.  The good news for Nortel is 1) There are multiple bidders and 2) The price tag seems to go up every time someone issues a press release.

Nokia Siemens Networks, Research in Motion, Ericsson, and MatlinPatterson have all made offers in [...]

Nortel and RIM – WTF?

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BlackBerry daddy Research in Motion (RIM) wanted to put in a $1.1 billion bid for Nortel assets, but  walked away from the deal when Nortel put too many conditions on the deal.  Seriously, what is wrong with this picture? A) Nortel dictating terms to anyone offering $1.1 billion (Canadian, US, whatever, a billion is [...]