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Nortel to sell out of GSM business?

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Beleaguered Canadian vendor Nortel Networks is reportedly planning to hive off its GSM business for up to $1.9bn (£1bn) and Alcatel is in the picture as the buyer.

Nortel is not a strong player in the GSM infrastructure market in comparison to Ericsson and Nokia, and the vendor has so far been left out of the mega-merger…

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