Euronews: Dec. 29

Nokia Networks , Russia’s Rostelecom , and Poland’s Polkomtel SA are the early risers in today’s news camp.

  • NSN says the takeover of Motorola Inc. (NYSE: MOT)’s wireless networks business won’t be completed by the end of 2010, as previously hoped, but will close during the first quarter of 2011, as clearance is still needed from the Anti-Monopoly Bureau of the Ministry of Commerce of China. (See NSN's Moto Asset Buy Delayed, Might NSN Choke on Its Moto Morsel?, and NSN to Buy Moto's Wireless Biz for $1.2B .)

  • Russia's Rostelecom is looking to buy a stake in WiMax operator Scartel, according to Poten & Partners, citing Russian newspaper Vedomosti. Scartel, which is better known under its operating brand Yota , holds spectrum licenses that can be used for WiMax or LTE services, and that’s believed to be the main attraction for Rostelecom. (See WiMax Operator Issues LTE RFP.)

  • Polish mobile operator Polkomtel is in talks with broadcasting group Polsat concerning potential collaboration, including joint LTE rollout, reports The Warsaw Voice. Polsat holds a license for LTE-friendly 1,800MHz spectrum.

    — Ray Le Maistre, International Managing Editor, Light Reading

  • COMMENTS Add Comment
    Be the first to post a comment regarding this story.
    Sign In