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Nokia Siemens Networks [NSN], the Finnish-German joint venture, said it will buy the CDMA and LTE assets of Canadian-based Nortel Networks in a $650 million deal to strengthen its position in North American markets.
A week ago, Ontario Teachers' Pension Plan (OTPP) quietly sold much of its stake in Canadian Bell (BCE Inc.) thus ending the tumultuous relationship between the institutional investor and Canada's largest telecom company.
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