Also in today's first regional roundup of 2013: Ericsson in Egypt; Apple store raid in Paris; Italian broadband plan approved; Iraq IPO

January 2, 2013

1 Min Read
Euronews: NSN Sells Wireless Patents

Nokia Siemens Networks, Ericsson AB, Etisalat, Apple Inc. and Iraq's Asiacell Telecommunications Co. Ltd. make the headlines for our first daily regional roundup of the year.

  • Nokia Siemens Networks (NSN) has sold a number of 2G, 3G and 4G wireless network and user device patents to a subsidiary of intellectual property specialist Acacia Research Corp. for an undisclosed sum. NSN declined to provide details of the patents involved, with a spokesperson saying only that it is part of the company's strategy to "monetize selective patents." Separately, NSN has struck a patent license agreement with Acacia subsidiary Adaptix: That deal is related to the legal action brought against the vendor by Adaptix in May 2012, according to the NSN spokesperson.

  • Etisalat Egypt is upgrading its radio access network with RBS 6000 multistandard base stations from Ericsson. For more details, see this press release.

  • A major Apple store in Paris was ransacked on New Year's Eve, with armed thieves stealing a significant amount of stock, reports The Guardian. However, it seems police have not confirmed that €1 million (US$1.33 million) of goods were taken, as has been widely reported.

  • The European Commission has approved Italy's €1 billion ($1.33 billion) plan to deliver guaranteed regional broadband access, according to Telecompaper.

  • Iraq mobile operator Asiacell is planning to raise $1.3 billion from an IPO of 25 percent of its shares on the Baghdad stock exchange, reports Bloomberg.

    — Ray Le Maistre, International Managing Editor, Light Reading

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