UPDATE 1-Ericsson sees Nortel deal closing "very soon"

* Tech chief sees many CDMA operators switching to LTE

* Does not expect any hiccups in Nortel deal closure

* Says CDMA has many years left especially in voice svcs (Adds more quotes, background)

By Tarmo Virki, European technology correspondent

HELSINKI, Nov 5 (Reuters) - Swedish telecom equipment maker Ericsson (ERICb.ST) expects to close its acquisition of key assets of bankrupt Nortel Networks Corp (NRTLQ.PK) very soon, a senior company executive said on Thursday.

"We don't expect to see any hiccups. I think it will be closed very soon," chief technology office Hakan Eriksson told Reuters.

Last week, Nortel said the two firms had pushed the deadline for closing the deal to end-November to allow more time to satisfy closing conditions, including regulatory approvals.

The U.S. Department of Justice is still reviewing the deal, which raises Ericsson's market share in wireless network equipment in North America to about 50 percent. Canada decided in September against launching a review of the deal.

Ericsson won an auction for the CDMA and LTE assets of bankrupt Nortel in July, offering $1.13 billion for the crown jewels of the one-time Canadian telecom star.