Eu Approved Business Acquisition Nortel Avaya)
Beijing time on November 19, according to foreign media reports, the telecoms equipment maker Avaya Thursday won the approval of the regulatory agencies, to purchase nortel assets. About 9 million in Avaya will purchase price of $beidian business, the main business of companies and government departments to construct network and voice mail system. The European commission said in a statement: “after examination, the European commission concluded that the transaction of the eea or any of its effective competition substantially harm constitutes”. Nortel in January this year, and is currently bankruptcy protection to sell assets, debts. (compilation/clear rain),
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Telecom China