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Analyst: Nortel's LTE patent value may be overblown
Posted on 02. Jul, 2009 by LteWorld
in News, LTE
July 1, 2009 | By Lynnette Luna : Industry analysts have conflicting views over whether Nortel's LTE patents it retained instead of selling them to Nokia Siemens Networks (NSN) along with the LTE and CDMA businesses are worth a whole lot.
The bankrupt vendor, which is in the midst of offloading its various businesses and subsequently sold its LTE and CDMA assets to NSN for $650 million, held on to what is believed to be key LTE IPR assets, which could potentially bring in some hefty royalties. JP MorganChase analyst Ehud Gelblum has pegged the royalty figure as high as $2.9 billion in a recent research note.
