Network equipment vendor Nokia Siemens Networks said Monday it has lost the auction for Nortel Networks Corp's optical networking and carrier Ethernet assets to U.S.-based rival Ciena Corp.
NSN, a joint venture between Finland's Nokia Corp. and Germany's Siemens AG, said the bankruptcy court-sanctioned auction started Friday and extended through the
Sorry this is premium content. To read news articles more than 7-days old you need a subscription,
or you can use pay-per-view to access this article. For subscription options, click
HERE.
This content is delayed by at least 1 hour from original time of publishing