"Yes.... whatever happened (in the mobile equipment market) to Nortel, Motorola, Lucent"
Looking at the larger businesses rather than just the mobile divisions - the move to mobile hurt there traditional markets (that were also under attack from IP telephony providers such as Cisco, Skype/Lync and the Chinese traditional PBC manufacturers) while they were unable to dominate the emerging mobile markets in the same way as they had done in traditional markets.
The world changed and they didn't, or at least they didn't change fast enough - Nortel was liquidated and broken down largely ending up with Ericsson, Motorola's mobile division was sold to Nokia-Siemens and Lucent spun off Agere and Avaya but ultimately was still struggling and was acquired by Alcatel (who were later acquired by Nokia-Siemens). These stories are repeated through the history of large western telecoms manufacturers...