RIM says Canada should review Nortel deal to sell wireless business to Sweden's EricssonAugust 20th, 2009 RIM urges Canadian government to reviewOTTAWA — BlackBerry maker Research in Motion says Canadians want and expect the Canadian government to prevent the $1.1 billion sale of Nortel Network's coveted wireless assets to Ericsson of Sweden. Canada-based RIM issued a statement Wednesday after the deadline passed for appeals to challenge a bankruptcy court ruling allowing the Nortel sale to the Swedish telecommunications firm.
Ericsson CEO clueless about fate of Nortel dealAugust 22nd, 2009 TORONTO - Swedish telecom major Ericsson, whose acquisition of Nortel's wireless business here last month has been challenged by BlackBerry maker Research In Motion (RIM) and Canadian opposition parties, says it is still in the dark about the fate of the deal. Ericsson was the highest bidder at $1.13 billion at last month's court supervised auction of Nortel's wireless division.
Canada okay for Nortel sale likleyAugust 20th, 2009 TORONTO - The Canadian government, which is reviewing the sale of Nortel's wireless business to Swedish telecom major Ericsson after protests by opposition parties and BlackBerry maker Research In Motion (RIM), is almost set to give the go-ahead to the deal. The 124-year-old Nortel, which has been operating under bankruptcy protection since January, is selling its business part by part to pay off its debtors.
Nokia Siemens in $650 million deal for Nortel NetworksJune 20th, 2009 Nokia Siemens buys Nortel in $650 million dealHELSINKI — Nokia Siemens Networks said Saturday it will buy Canadian-based Nortel Networks in a $650 million (€465 million) deal. "Nokia Siemens Networks has taken a significant step towards strengthening its leadership in Long Term Evolution, or LTE, next generation wireless technology and expanding its market presence in North America," Nokia Siemens said.
Nortel to shut down, sells wireless business to NokiaJune 20th, 2009 TORONTO - Toronto-headquartered Nortel, which is under bankruptcy protection in both the US and Canada, has announced that it will liquidate itself. In a statement issued Friday, the 127-year-old Canadian telecom equipment giant said it has entered into a deal with Nokia Siemens to sell its wireless business for $650 million.
Private equity firm MatlinPatterson bids $725 million for wireless assets of Nortel NetworksJuly 21st, 2009 MPAM bids $725 mln for Nortel assetsNEW YORK — A private equity firm specializing in distressed assets says it is bidding $725 million to acquire the cell phone network assets of Nortel Networks Corp., topping a previous $650 million bid from Nokia Siemens Networks. MPAM Wireless, an affiliate of MatlinPatterson Global Opportunities Partners III LP, said it submitted the bid for Nortel's CDMA and LTE assets to Nortel and its creditors Tuesday.
TiVo unveils BlackBerry app enabling recording of shows on the goSeptember 30th, 2009 TiVo unveils BlackBerry app for show recordingTV viewers can now TiVo using their BlackBerry. TiVo Inc., the maker of digital video recorders that can pause and rewind live programming, unveiled a free application Wednesday for the BlackBerry that lets subscribers set up recording of TV shows from the phones.
Barack Obama has yet to get his spy-proof BlackBerryApril 25th, 2009 WASHINGTON - Contrary to previous rumors, President Barack Obama hasn't gotten his super-secure BlackBerry. According to The Washington Times, the American leader will have to long for his souped-up smartphone for a little while, and has instead been forced to use an ungainly hybrid.
Nokia Siemens in $650 million deal for wireless operations of Nortel NetworksJune 20th, 2009 Nokia Siemens in deal to buy Nortel wireless unitsHELSINKI — Nokia Siemens Networks said Saturday it will buy the wireless operations of Canadian-based Nortel Networks in a $650 million (euro465 million) deal to strengthen its position in North American markets. The Finnish-German joint venture said it will purchase the LTE and CDMA assets of Nortel, a former telecom equipment giant now operating under bankruptcy protection.
BSNL to launch BlackBerry services by AprilMarch 18th, 2009 NEW DELHI - State-owned telecom operator Bharat Sanchar Nigam Ltd (BSNL) will launch BlackBerry services by April, a top official said here Wednesday. 'We have got the required approvals from the government and will launch BlackBerry services by next month,' BSNL chairman and managing director Kuldeep Goyal told reporters on the sidelines of a conference.
Obama says aide sends prayer every morning to his BlackBerryJuly 3rd, 2009 Obama says he gets daily prayers on his BlackBerryWASHINGTON — President Barack Obama says he gets a prayer every morning on his BlackBerry. Obama told reporters from religious news organizations on Thursday that White House faith director Joshua DuBois sends him a morning devotional every day to his e-mail device.
Airtel launches new Blackberry smartphoneAugust 4th, 2009 NEW DELHI - Telecom major Bharti Airtel Tuesday launched the Blackberry Curve 8520 smartphone on its prepaid and postpaid platforms in collaboration with the manufacturer of the device, the Canada-based Research in Motion (RIM). The smartphone, priced at Rs.15,990, will be available from Aug 7.
Nokia Siemens buying Nortel wireless units, Nortel to liquidateJune 20th, 2009 Nortel to sell itself off in piecesTORONTO — Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company. Nokia Siemens Networks agreed to buy some wireless operations of Canada's Nortel Networks Corp.
BlackBerry Browser to get Flash Support to stay in line with competitionAugust 20th, 2009 Perhaps BlackBerry Browser is one of the worst Browsers in a smartphone. I know it, you know it and RIM also knows it.
BlackBerry Bold too hot for Japanese to handleMarch 1st, 2009 TORONTO - The BlackBerry Bold smartphone that was recently launched in Japan is proving to be too hot to handle for the Japanese, literally. Many users have reported that the keyboard of their Canadian smartphone overheated during re-charging just days after its launch in Japan.