July 20 (Reuters) – Research In Motion Ltd (RIM.TO) said on Monday that bankrupt telecommunications company Nortel Networks had effectively prevented the BlackBerry maker from bidding for Nortel’s wireless business.
July 20 (Reuters) – Research In Motion Ltd (RIM.TO) said on Monday that bankrupt telecommunications company Nortel Networks had effectively prevented the BlackBerry maker from bidding for Nortel’s wireless business.
RIM said it was seeking to be qualified as a bidder in Nortel’s auction of its CDMA and LTE wireless technology businesses, scheduled for July 24, but was told it could be qualified only if it vowed not to submit offers for other Nortel assets for a one year.