Winnipeg Free Press - Nortel has technology up for grabs to deal with consumer demand for video

(30-Jul-09) Consumers have almost non-stop appetites for watching video on the Internet, a habit that bidders for financially troubled Nortel Networks will consider when they look at its technology for bandwidth hunger.

A key unit of Nortel that's based in Montreal has this technology and is still up for grabs, possibly fetching as much as $1.5 billion, analysts said Thursday.

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