Alcatel-Lucent completed its acquisition of Nortel’s UMTS radio access business on December 31 with a cash payment of US$320 million less significant deductions.
With this acquisition, Alcatel-Lucent said one in four UMTS operators – about 40 customers around the world – now use its UMTS solutions. http://www.alcatel-lucent.com
- The deal, which was first announced on 01-Sept-2006, encompassed Nortel’s UMTS access product portfolio made up of the Radio Network Controller and Node B products and OAM solutions, related services and associated assets. The deal added an additional fourteen UMTS customers to the Alcatel customer list. Alcatel said the acquisition would also significantly strengthened its research and development capabilities, especially in HSxPA and 3G Long-Term Evolution (3G LTE), fully leveraging Alcatel’s expertise in multi-standard radio solutions and Software Defined Radio (SDR) technology.