Under the Investment Canada Act, the government can review deals if the assets sold are more than $312 million. But the Nortel assets have been valued only at $149 million.

However, BlackBerry maker and opposition parties are dead set against the deal on grounds of 'national security'.

Ericsson Canada CEO Mark Henderson admitted Friday that he was in the dark about whether the government will review the deal.

'We have met with them openly and tried to give them all the information that they need...and also to submit facts around any concerns around national security. So we are openly discussing with them and waiting for their decision,' Henderson said.

Stressing that the takeover of Nortel's wireless business by Ericsson presented no threat to Canada's security, he said: 'The provision was really around items like terrorism...(but) this is a company that has been in the country for almost 60 years. We have built some of the biggest telecommunications systems in this country.'