Keep Nortel technology in Canada, province says

Ontario is calling on the federal government to stop the transfer ofthe next generation of wire­less technology developed by Nortel toforeign hands.

Ontario is calling on the federal government to stop the transfer of the next generation of wire­less technology developed by Nortel to foreign hands.

Swedish giant LM Ericsson has agreed to pur­chase Nortel Net­works’ profitable and stable wireless business that includes LTE, or long-term evolution technology.

Ontario Finance Minister Dwight Duncan says Canadian taxpayers helped fund research that led to Nortel’s creation of LTE technology and it shouldn’t go to a foreign company.

He says Ontario strongly believes the federal gov­ern­ment should not let this opportunity to protect Canadian technology slip through its fingers.

Duncan wants Ottawa to try to block the Nortel sale to Ericsson and to help broker a deal with Research in Motion or another Canadian firm to keep the technology and development jobs in Canada.

 
 
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