Apple and Google to bid for Nortel LTE patents

Editor Mobile

Apple and Google are reported to be bidding for Nortel’s LTE patents.

According to reports, Nortel expects to select an initial bidder (from at least five interested parties) within three weeks. The deal is expected to be worth around US$1 billion. Apple and Google are also in the mix of buyers, as are Huawei Technologies Co. and ZTE Corp., two Chinese telecom-equipment makers.

EditorApple and Google to bid for Nortel LTE patents