All About Nortel

TD Securities analyst Chris Umiastowski has issued a research report after spending some time thinking about Nortel’s investor day a couple of weeks ago, and talking with a number of industry contacts. He clearly came away impressed with management.
“We figure that if Nortel executes smoothly, the stock will likely double. To us, that justifies [...]

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The boom in sales that telecom equipment makers are expecting from doing business in China may not materialize, according to the Wall St. Journal. With $10-billion to $30-million of 3G wireless sales poised to happen over the next four to five years, the business may go to Chinese suppliers such as ZTE and Huawei rather [...]

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If you’ve ever wanted to know more about Nortel’s IMS strategy, Rich Tehrani had a chat recently with Eric Bezille, Nortel’s IMS product marketing manager for Europe and Asia.

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It took a few days but the Globe & Mail has finally picked up on Nortel’s $20-million contract to build a fiber-optic network in Iraq.

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Ericsson and Nokia have won a contract to supply equipment for T-Mobile’s 3G network in the U.S. The contract comes on the heels of announcement by parent, Deutsche Telekom, that it would spend$2.64 billion on a U.S. 3G network. According to an RBC Capital Markets report (an excerpt was posted by GigaOm), “Ericsson may be [...]

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Now that I’m no longer a business journalist, I wonder whether there’s any chance of begin the first blogger to formally interview Nortel CEO Mike Zafirovski? After all, I write the only blog (as far as i can tell) specifically devoted to all things Nortel so you figure they could treat me like a quasi-journalist, [...]

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The Toronto Star has a short story looking at possible takeover candidates within corporate Canada. Not surprisingly, Nortel makes the list. Here’s the Star’s take: “Post-telecom bust, the telecom-equipment sector is consolidating. Weak sister Nortel matches up nicely as a North America partner to European peers Telefon AB L.M. Ericsson of Sweden, Germany’s Siemens AG [...]

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For those of you who don’t have a WSJ subscription, here’s the story on Nortel that appeared in yesterday’s newspaper.
TORONTO — As Nortel Networks Corp. reported its seventh loss in the past nine quarters, Chief Executive Mike Zafirovski mapped out a plan to get the company’s bottom line back in the black.
Mr. Zafirovski says the [...]

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Nortel’s “recovery” has caught the attention of the Wall St. Journal, which published a story today (subscription needed). In the story, CEO Mike Zafirovski said the company’s financial rebound will come from reducing costs by $1.5-billion by 2008 and a boost in profit margins from new product offerings.

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