Airvana gets money for its unpaid CDMA bills at Nortel

Dan Jones, Mobile Editor

November 13, 2009

1 Min Read
Airvana Gets $40M Nortel Payoff

CDMA specialist Airvana Inc. announced Friday that it will receive $39.6 million related to outstanding Nortel Networks Ltd. invoices, following the completion of Ericsson AB (Nasdaq: ERIC)'s buy-up of the Canadian firm's wireless unit.

Airvana said in January, after Nortel went into Chapter 11, that it had outstanding receivables of $22 million related to its CDMA EV-DO OEM deal with Nortel, plus a number of unbilled items. The $39.6 million payment apparently clears this up. (See Nortel to Pay Airvana $39.6M and Airvana's Nortel Exposure .)

Nortel was Airvana's largest OEM customer, using Rev A base-station channel cards under license from the company. Nortel division–buyer Ericsson is also one of Airvana's OEM customers for CDMA EV-DO equipment. (See Airvana: The Quiet Startup.)

Airvana itself has branched off into femtocells after starting as a pure CDMA infrastructure shop. The company has said it will spend 60 percent of its R&D budget on home base stations. (See Airvana: 'Betting the Farm' on Femto.)

The firm announced its first push into the evolving enterprise femtocell market earlier this week. (See Airvana Thinks Business With Big Femto.)

— Dan Jones, Site Editor, Unstrung

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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