Nortel, in bankruptcy, sells IPv4 address block for $7.5 million

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http://blog.internetgovernance.org/blog/_archives/2011/3/23/4778509.html

Nortel, in bankruptcy, sells IPv4 address block for $7.5 million

by Milton Mueller on Wed 23 Mar 2011 10:30 PM EDT  |  Permanent Link  |
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Wake up call for our friends in the Regional Internet Registries. Nortel, the
Canadian telecommunications equipment manufacturer that filed for bankruptcy
protection in 2009, has succeeded in making its legacy IPv4 address block an
asset that can be sold to generate money for its creditors. The March 23
edition of the Dow Jones Daily Bankruptcy Report has reported that Nortel's
block of 666,624 IPv4's was sold for $7.5 million - a price of $11.25 per IP
address. The buyer of the addresses was Microsoft. More information is in its
filing in a Delware bankruptcy court. Now the interesting question becomes,
does the price of IPv4s go up or down from here? As the realities of dual
stack sink in, I'm betting...up. 

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