iTnews
  • Home
  • News
  • Technology
  • Networking

Report: Motorola had rejected higher bid from Huawei

By Liam Tung
Aug 4 2010 6:50AM
Follow google news

Journey to the west blocked.

Motorola reportedly turned down a US$1.3 billion ($1.4 billion) offer by Huawei Technologies for its mobile infrastructure business prior to selling its business to Nokia Siemens Networks, fearing that regulators would not approve the deal.

Report: Motorola had rejected higher bid from Huawei

Nokia Siemens Networks agreed to acquire Motorola's GSM, 3G and 4G infrastructure business for US$1.2 billion on 19 July.

According to a report by Bloomberg, Motorola was concerned that a deal with Huawei might be rejected by the US Committee on Foreign Investment.

The legacy of Huawei's chief executive officer - Ren Zhengfei's - a former officer within China's People's Liberation Army - has fuelled allegations that the company has ties to the Chinese military.

Huawei has repeatedly denied those allegations. Bloomberg reported that Huawei hired Morgan Stanley and several US law firms to facilitate the US take-over.

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
chinahuaweimotorolanetworkingnokia siemens networksnsnsecuritytelco/isp

Related Articles

  • AudiA6 crypto launderers arrested, network taken down by police AudiA6 crypto launderers arrested, network taken down by police
  • US charges suspected Russian hacker with facilitating cyber campaign US charges suspected Russian hacker with facilitating cyber campaign
  • Gov looks for upstream threat blocking by telcos, cloud operators Gov looks for upstream threat blocking by telcos, cloud operators
  • Federal Parliamentary Computer Network set for its "most significant" upgrade Federal Parliamentary Computer Network set for its "most significant" upgrade
Join our WhatsApp Channel

Partner Content

Agile isn’t the problem: why projects still fail, and what’s missing
Partner Content Agile isn’t the problem: why projects still fail, and what’s missing
Thomas Peer Solutions unveils data cloud platform and executive leadership forum for 2026
Partner Content Thomas Peer Solutions unveils data cloud platform and executive leadership forum for 2026
CommBank creates opportunities for technologists to upskill  with frontier AI companies
Partner Content CommBank creates opportunities for technologists to upskill with frontier AI companies
You meet the security standard. Shame no one can see it
Promoted Content You meet the security standard. Shame no one can see it

Sponsored Whitepapers

Are Australian organisations as cyber-ready as they think?
Are Australian organisations as cyber-ready as they think?
Are New Zealand organisations as cyber-ready as they think?
Are New Zealand organisations as cyber-ready as they think?
From visibility to execution:  Fixing the SaaS management gap
From visibility to execution: Fixing the SaaS management gap
When cyber risk has no clear owner: A practical guide for senior Australian business leaders
When cyber risk has no clear owner: A practical guide for senior Australian business leaders
Agile in the AI Era: why projects still fail
Agile in the AI Era: why projects still fail

Events

  • iTnews State of Security Breakfast iTnews State of Security Breakfast
  • iTnews State of Data & AI Breakfast iTnews State of Data & AI Breakfast
  • Forrester's AI Forum Sydney Forrester's AI Forum Sydney
  • The 2026 iAwards The 2026 iAwards
  • Integrate 2026 Integrate 2026
Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Kmart Group to expand RFID tagging to more products and to Target

Kmart Group to expand RFID tagging to more products and to Target

Federal Parliamentary Computer Network set for its "most significant" upgrade

Federal Parliamentary Computer Network set for its "most significant" upgrade

WA man jailed for at least five years for evil twin attack

WA man jailed for at least five years for evil twin attack

Optus fast-tracks network operations insourcing from Nokia

Optus fast-tracks network operations insourcing from Nokia

techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.