Wireless phone network provider Ericsson has joined the race to acquire the wireless assets of ailing Nortel, with a bid rumoured to be worth $730m (£444m).
The Swedish firm will be competing with mobile giant Nokia Siemens Networks, which launched a bid of $650m (£395m) this week.
Earlier in the week, BlackBerry maker Research In Motion complained that Nortel had effectively blocked it on procedural grounds from making a $1.1bn (£669m) bid, according to Reuters.
"We always look at opportunities that can be of interest for Ericsson and create value for us, and we are participating in this process to the point it makes sense," an Ericsson spokeswoman told the news service.
Nortel filed for Chapter 11 protection earlier this year before agreeing to sell its CDMA and LTE wireless technology businesses to Nokia Siemens Networks.
The auction for Nortel's CDMA and LTE wireless technology businesses is due to take place later today.
COUNTER
Saturday, July 25, 2009
Wireless phone network provider
Wireless phone network provider Ericsson has joined the race to acquire the wireless assets of ailing Nortel, with a bid rumoured to be worth $730m (£444m).
The Swedish firm will be competing with mobile giant Nokia Siemens Networks, which launched a bid of $650m (£395m) this week.
Earlier in the week, BlackBerry maker Research In Motion complained that Nortel had effectively blocked it on procedural grounds from making a $1.1bn (£669m) bid, according to Reuters.
"We always look at opportunities that can be of interest for Ericsson and create value for us, and we are participating in this process to the point it makes sense," an Ericsson spokeswoman told the news service.
Nortel filed for Chapter 11 protection earlier this year before agreeing to sell its CDMA and LTE wireless technology businesses to Nokia Siemens Networks.
The auction for Nortel's CDMA and LTE wireless technology businesses is due to take place later today.
The Swedish firm will be competing with mobile giant Nokia Siemens Networks, which launched a bid of $650m (£395m) this week.
Earlier in the week, BlackBerry maker Research In Motion complained that Nortel had effectively blocked it on procedural grounds from making a $1.1bn (£669m) bid, according to Reuters.
"We always look at opportunities that can be of interest for Ericsson and create value for us, and we are participating in this process to the point it makes sense," an Ericsson spokeswoman told the news service.
Nortel filed for Chapter 11 protection earlier this year before agreeing to sell its CDMA and LTE wireless technology businesses to Nokia Siemens Networks.
The auction for Nortel's CDMA and LTE wireless technology businesses is due to take place later today.
Nokia 5530 XpressMusic Officially Released
June 18th, 2009 After many rumours and sneaks the 5530 Express Music is officially released by Nokia at the company's Connection 09 event in Singapore. The handset is a compact Express Music Cellphone that uses a touch interface for accessing people and content on the brilliantly clear homescreen.
Nokia Surge : A Quick Review
July 14th, 2009 At last, Nokia has understood that to penetrate the US market, they have to tie up with carriers to get some subsidy on their phone. Nokia Surge is a result of that.
Nokia Siemens
Nokia Siemens in $650 million deal for Nortel Networks
June 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.
June 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.
Nokia posts 66 percent drop in 2Q profit
Nokia posts 66 percent drop in 2Q profit, lowers yearly market share target
July 16th, 2009 Nokia profit drops 66 percent in 2QSTOCKHOLM — The world's top cell phone maker, Nokia Corp., on Thursday said second-quarter earnings fell 66 percent as the global recession sapped demand. The company scrapped its target to gain market share this year and its stock sagged.
July 16th, 2009 Nokia profit drops 66 percent in 2QSTOCKHOLM — The world's top cell phone maker, Nokia Corp., on Thursday said second-quarter earnings fell 66 percent as the global recession sapped demand. The company scrapped its target to gain market share this year and its stock sagged.
Nokia News
* iPhone 3GS vs BlackBerry Bold vs Palm Pre vs Nokia N97 : A Detailed Comparative Study
* Nokia posts 66 percent drop in 2Q profit, lowers yearly market share target
* Top 10 Mobile Phones for Businessmen
* Nokia Surge : A Quick Review
* Nokia 5800 Xpress Music Review
* Offer of the day : Nokia N97 and Dell Vostro Comes at $730
* Nokia Siemens Networks gets euro250 milllion loan from European Investment Bank
* Nokia N97 vs iPhone 3GS : A Comparative Study
* Nokia posts 66 percent drop in 2Q profit, lowers yearly market share target
* Top 10 Mobile Phones for Businessmen
* Nokia Surge : A Quick Review
* Nokia 5800 Xpress Music Review
* Offer of the day : Nokia N97 and Dell Vostro Comes at $730
* Nokia Siemens Networks gets euro250 milllion loan from European Investment Bank
* Nokia N97 vs iPhone 3GS : A Comparative Study
Friday, July 24, 2009
10. Marketing Strategy
One of the main reasons behind the success of their mobile phones is their marketing strategy. The main source of earning is the popularity of their phones in the Asian market. China is making phone designs/softwares specific for the region. For instance, since many rural Chinese aren’t familiar with the romanized transliteration system that most cell phones use to input Chinese for text messages, Nokia developed two phones with software that lets them write characters with a stylus. And for India, Nokia launched two India-specific models, which included a flashlight, dust cover, and slip-free grip (handy during India’s scorching, sweaty summers). They also included some softwares in several regional languages which made Nokia a success.
9. Experience
Nokia is the largest cellphone manufacturer in the world with about 40% of market share with its competitors nowhere near its sales volume. They know the world of mobile phone more than any other. They have ages of experience, hundreds of success stories and dozens of smart handsets in current portfolio. That helps them to evolve and thereby nourish our needs.
8. Price
The price tags of every Nokia mobile phone is very reasonable. I mean, I can still get a GSM mobile phone for as less as Rs. 1200 in India with all the basic features and that will last long enough to pay me back with my dues.
7. Reliability
Nokia really has become a brand that people can trust upon. The error rates or crash rates of Nokia phones are very low. It will not dump you when you need this phone. And petty may this be but still, Nokia has this trust thing going in favour of it. People can blindly trust Nokia in Asian Countries. and not to mention, Nokia has deservingly earned this place.
6. Customer Service
The Customer Care of Nokia which they call the Nokia Care, handles the complaints very efficiently satisfying their customers. I had a problem with the display of my Nokia Phone. I took it to the Nokia Care and they very quickly fixed it and gave it back. Its just the trust they implement on the customer’s mind, is really appreciable.
Hope you remember the battery bursting incidents of Nokia mobile phones in India. The BL-5C battery, which was the culprit in this case, was promptly replaced with no questions asked. They also helped people with a temporary site to go and put their unique manufacturing id and see if they needed to change the battery or not. Believe me, the call wasn’t that easy keeping in mind the number of battery parts they had to change.
5. Wide Product Range
Nokia has a vast and huge list of mobile phones. Nokia mobile phones are available for every consumer groups, starting from simple and durable phones for the low income groups and high-end phones for those who can afford to spend money. So regardless of you being a corporate honcho or a fresher into the world of economy, Nokia has something for you. The sheer range of products is enviable and at the same time the success mantra of Nokia’s dominance.
4. Robustness
Everyone knows that Nokia mobiles are truly rock solid. I want to share my experience with respect to this. I dropped my Nokia the very next day I bought it. I dropped it on the staircase and it bounced to nearly 12 steps down. My heart pumped out with the fear of losing the phone on the second day. But what I found when I reached downstairs is that the phone is fully functional and it only had a few scratch in its body. Since then, it slipped off my hand many a times but it did not refuse to function. Thanks to Nokia for making such rugged phones. It would really be the worst thing if I had to take my phone to service centre or had to buy a new one every time I dropped my phone.
3. Battery
The Battery life of Nokia mobile phones is longer than many other cellphones available in the market. People who talk a lot prefer Nokia than any other brands. They always know that the battery will not run out in the middle of the call. iPhone has had this problem with battery life in the past and that hasn’t been solved yet. Nokia leaves others miles behind when we consider the longevity of the battery.
2. Hardware
You can be assured of the quality that Nokia provides in your phone hardware. The circuits are far more durable and reliable than any of the other mobile phone available in the market. I am using a single Nokia phone for 6 years and I had to take it to the service centre only once during this period for a trivial problem. That speaks for the truth I am talking about.
Top 10 Reasons Why Nokia Rules the Mobile Phone Market
In spite of the presence of big names in consumer electronics like Samsung, LG, Sony-Ericsson and Motorola, Nokia really rules the mobile phone market all over the world with nearly 40% of the market share with no close competitors. Nokia is certainly the king when it comes to brand value, service and experience. The Finnish mobile giant is clearly No. 1 choice in South East Asia including India and China. How they could reach the top position? Let’s find out.
1.Call Quality
Nokia is known for its circuitry to handle the RF Reception and providing the best call reception quality. You won’t see users complaining much about the noise or the disturbances within Nokia phones unless its a problem of the telecom service provider. So, the primary objective of a mobile phone i.e. to serve us with better and clearer sound when we talk , is served by Nokia perfectly. And if you are a person who is accustomed to other mobile phone manufacturers, then you know that even Apple iPhone and Sony Ericsson are guilty of it.
1.Call Quality
Nokia is known for its circuitry to handle the RF Reception and providing the best call reception quality. You won’t see users complaining much about the noise or the disturbances within Nokia phones unless its a problem of the telecom service provider. So, the primary objective of a mobile phone i.e. to serve us with better and clearer sound when we talk , is served by Nokia perfectly. And if you are a person who is accustomed to other mobile phone manufacturers, then you know that even Apple iPhone and Sony Ericsson are guilty of it.
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