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Snyder: Part II
By Mark Evans | August 22, 2006
One other issue raised by Charter Equity analyst Edward Snyder in today’s Toronto Star is that Nortel’s CDMA business could be its “shining star” even though CDMA appears to be losing the standards battle against GSM. In what appears to be a strange thesis, Snyder said Alcatel-Lucent could lose CDMA market share or abandon the business if their merger goes poorly - even though it will be the dominant market leader when the merger is approved. “If Lucent and Motorola get out of CDMA, who’s going to get that share?,” he said. “Probably Nortel. Nortel could end up the king of the hill for the CDMA infrastructure business that nobody thinks is growing. It could be hugely profitable.”
Topics: Analyst Coverage, Technology, Wireless |