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Archive for July, 2006

Verizon Picks Nortel for Rev-A

Verizon Wireless has selected Nortel Networks to help meet its goal of launching CDMA 1X EVDO Rev-A service, which offers speeds up to 3.1Mbps, by the end of next year. Terms of the deal were not announced. Verizon already uses Lucent to provide it with Rev-A gear.

Nortel Upgraded

Robert W Baird has maintained its “outperform” rating on Nortel Networks with a $3 target price. The investment firm said Nortel’s four-year strategic alliance with Microsoft should improve its position in voice-based hardware products.

The $1B Question

In a press release yesterday to announce a strategic partnership between Microsoft and Nortel involving unified communications, Nortel CEO Mike Zafirovski said the four-year deal could generate more than $1-billion in sales. The question that was not answered properly or articulated well enough is how and when these sales will happen. How much, for example, [...]

Looking for Meme Love

Not that it really matters (but, of course, it does!), I’m puzzled why I can’t get any love from TechMeme today about the Microsoft-Nortel deal. It’s not there are that many blogs focused on Nortel (well, one to be exact) so All Nortel, All the Time’s absense is a mystery. Update: Who says a little [...]

Nortel, Microsoft Strike Deal

Nortel has signed a four-year deal with Microsoft. Nortel CEO Mike Zafirovski says it could generate more than $1-billion of revenue. The deal, which includes a lot of optimism and a lot of unknowns given the unified messaging market has yet to really see robust growth, could be a win-win for both companies. It could [...]

Lowe Taken to Task over Wi-Fi

WiFi News Net (hat tip to Rob Hyndman) takes Richard Lowe, Nortel’s president of president of Mobility and converged core networks, over an editorial he wrote about Wi-Fi vs. 3G on CNet.com. It’s a strange piece because Lowe starts by rejecting the idea Google will “first and best in delivering the next generation of communications–video, [...]

Nortel-Motorola: A No-Go?

Chicago Business has a story looking at Motorola CEO Ed Zander’s strategic options, which include everything from making an acquisition to expanding the company’s hot cell phone business (Razr, Rokr, etc.). With nearly $15-billion of cash, Zander is not hamstrung financially but his track record suggests he’s not a big fan of mega-deals. Chicago Business [...]

Nortel’s Credit Rating Unchanged

Dominion Bond Rating Service recently put out a research report in the wake of Nortel’s completion of a $2-billion debt refinancing. DBRS is maintaining its unsecured rating of Nortel at B (low), reflecting:
“heightened concerns about Nortel’s ability to improve operating performance despite implementing a strategy to improve its competitive position over the medium term. DBRS’s [...]

Lots of Buzz for $20M Contract

You’d think Nortel had landed a major deal with all the media coverage of its $20-million, seven-year contract with Rolls-Royce to replace a global TDM phone network with IP-based voice and fax system. The deal will also see Nortel assume management of the existing TDM equipment and migrate Rolls-Royce’s divisions to VoIP in the coming [...]

CTO Q&A

TechWorld did a Q&A with Nortel’s recently-appointed chief technology officer, John Roese - nothing earth-shattering but some good insight into the company’s direction and priorities.