Nortel Public Auction Continues

Another day, another part of Nortel (NRTLQ.PK) to auction off to the highest bidder. This time, the company plans to sell the software assets of its carrier division.

An interesting part of the proposed sale is it includes non-patent intellectual property, equipment and other related assets.

This puts the spotlight on Nortel’s attractive patent portfolio, and what role it could play in Nortel’s future. The scenarios include selling the patents – Research in Motion (RIMM), for example, would love the LTE patents – or leaving Nortel as a patent-holding entity with no assets.

Source: Reuters

Comments

[pump19:]

Just who gets this money ?
As a curious stock holder , why not us?
Is the line long on debtors or are there retirement packages due ?
When the #s are in the hundreds of millions , it becomes interesting.

Sep 23 08:19 AM

[pump19:]

All I want is answers.

Sep 23 08:20 AM

[User 379524:]

I'm wondering if as a stock holder I will get something from the Erickson and/or AVAYA sale.

Sep 23 08:36 AM