Sweden's Ericsson has won an auction¹ for the wireless² assets of bankrupt Canadian telecoms firm Nortel Networks.

瑞典爱立信成功竞拍到破产的加拿大无线电信企业Nortel的网络。

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Nortel went into bankruptcy protection at the start of the year

Ericsson is paying $1.13bn (£688m) for the businesses, which analysts⁵ say will enable it to substantially（实质上，本质上） increase its North American presence.

The units were put on sale by Nortel after it was forced to apply for bankruptcy protection in January, blaming the impact of global recession.

Nortel is now effectively in the process of being broken up.

There had previously⁶ been hope that it could emerge from bankruptcy protection as a slimmed-down firm.

'Sad story'

"An orderly disposal（处理，消除） of the assets of Nortel is the best outcome for the stakeholders," said Nortel official Richard Lowe.

Telecoms analyst⁴ Jeff Kagan said the sale was "a sad story for Nortel, and a happy story for Ericsson".

"Rather than competing with Nortel, Ericsson has won," he said.

Nortel employed about 30,000 people worldwide at the start of this year.