Canada’s Globe and Mail reports that Nortel Networks’ sale of key CDMA and LTE technology to Ericsson is being evaluated by Ottawa based on the balance sheet value of its assets, paving the way for the controversial deal to close without federal intervention. The report notes that Nortel values the assets to be sold at US$149 million, instead of the US$1.1 billion purchase price, which means the deal is unlikely to trigger a review under the Investment Canada Act. The sale will now only be stopped if the government has national security concerns, or if federal officials conclude Nortel grossly undervalued the assets on its books.