« Lucent Struggles; Nortel Slides | Main | Zafirovski’s Alive »
RBC Cautious on Nortel
By Mark Evans | January 13, 2006
RBC Capital Markets analyst Mark Sue has a cautious approach to Nortel as new CEO Mike Zafirovski works to rebuild the organization from top to bottom. Sue expects the company to have modest sales growth of only 4% to $11.6-billion this year - compared with 6% for Lucent, 10% for Ericsson and 7% for Alcatel. “It’s a new year for Nortel and with it comes new headquarters and challenges along with more changes and opportunities,” he said in a report. Sue would like to see Nortell hire a chief technology officer and chief marketing officer ASAP but believes Zafirovski will wait to bring on a COO.
![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
Topics: Analyst Coverage, Executive Suite |
Add New Comment
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Add New Comment