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Ericsson snaps up Nortel core switching business

Ericsson will pay $65m for the MSS unit, which will nicely complement the GSM and CDMA assets picked up from Nortel last year

There are still titbits of the Nortel carcass to be had, with Ericsson this weekend striking a bargain to acquire the Canadian firm’s Multi-Service Switch business (MSS), boosting its presence in the CDMA market.

@telecoms