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Entries from March 2006

Nortel, Qualcomm Hit Wireless Record

March 31st, 2006 ·

With high-speed wireless networks all the rage, Nortel and Qualcomm are flexing their marketing muscle with a claim they have set a new download speed record of 7.2Mbps using 3.5G technology. They plan to show off the technology, which uses Nortel's HDSPA equipment and Qualcomm's mobile station modem MSM6280, next week during the CTIA Wireless [...]

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Tags: Technology

Zafirovski Live (Today!)

March 30th, 2006 · 1 Comment

Nortel CEO Mike Zafirovski is meeting with the media today (sorry, it's next week)   in Las Vegas (sorry, no Webcast for you!) for the first time since his hiring was announced nearly five months ago. So what should he be grilled…er, I mean asked about? Here are few suggestions:
1. What is Nortel's enterprise strategy. [...]

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Tags: Executive Suite · Technology

Zafirovski Getting Chatty

March 28th, 2006 ·

After working behind the scenes since taking the helm in November, Nortel CEO Mike Zafirovski suddenly wants to talk. Next week, he’ll participate in a press conference at the CTIA Wireless show in Las Vegas. A couple weeks later, he’ll deliver the keynote address at the North Carolina Technology Association’s annual CEO Conversation conference. While [...]

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Tags: Executive Suite

No Trading For You!

March 28th, 2006 ·

Not that it really matters but 189 Nortel executives - including CEO Mike Zafirovski - will be barred from trading their shares after the Ontario Securities Commission filed a cease-trade application yesterday. The  order would last until two days after Nortel files its financial statements - whenver that happens. With the stock trading at below [...]

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Tags: Executive Suite · Financials

New Nortel to Emerge

March 27th, 2006 ·

According to Information Week, Nortel CEO Mike Zafirovski will spill some of the beans this week about the New Nortel. This will include a new, streamlined global services business that will focus on 70 "discrete" services rather than 700. Mike Z. believes that with a better on services, which now account for 20% of Nortel's [...]

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Tags: Enterprise · Technology

Who Could Buy Nortel?

March 25th, 2006 · 3 Comments

In the wake of the Alcatel-Lucent mega-deal, there's lots of speculation on who could buy Nortel. Desjardins Securities analyst Paul Howbold stepped up with five candiates, the top one being Ericsson. Here's how he maps out the contenders:
Ericsson. Re-enter the CDMA market, gain further scale in wireline technologies to boost IMS/FMC, CEO has a [...]

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Tags: M&A

Alcatel-Lucent in “Discussions”

March 24th, 2006 ·

You have to wonder what Nortel CEO Mike Zafirovski thinks about reports that Alcatel and Lucent are in discussions about $34-billion merger? While they will only admit to be talking, a deal could have huge ramifications on the telecom equipment landscape. Nortel, for example, would find itself with a formidable competitor in “Alcacent”, and the [...]

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Tags: M&A

Nortel Needs a New Name?

March 23rd, 2006 · 1 Comment

Maclean’s columnist Steve Maich thinks Nortel needs a new name to “make a dramatic break from the past”. The problem, he said, is Nortel’s current name is associated with an accounting scandal rather than innovation. I’m not sure a name change is the right given it is so hard to re-establish a world-class brand but [...]

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Tags: Executive Suite

Nortel Teams Up on IP-TV

March 21st, 2006 · 1 Comment

Nortel and Minerva Networks have announced the joint development and release of an API that will integrate real-time IPTV services with Minerva’s iTVManager software. Nortel is driving hard on IP-TV as it drives to leverage its IMS platform. “IPTV is more than simply delivering television services over an IP network,” said Walt Megura, general [...]

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Tags: Technology

More Deck Chair Shuffling?

March 20th, 2006 · 2 Comments

As the New Nortel continues to evolve, the company is combining its carriers data and enterprise data businesses into a single organization. The unit,  known as converged data networks, will be headed by Aziz Khadbai, a 16-year Nortel veteran. The move "furthers our ability to provide feature-rich converged networks that support critical real-time applications including [...]

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Tags: Executive Suite