All About Nortel

According to the Wall St. Journal (hat tip to Seeking Alpha), Sprint has rounded out its WiMax suppliers by selecting Nokia ahead of Alcatel-Lucent and Nortel. Nokia will join Motorola and Samsung Electronics to supply technology for Sprint’s $3-billion WiMax network over the next two years. This can’t be good news for Nortel, which has [...]

[Read more →]

Nortel moved a major step forward in finally putting its accounting scandal behind it after two U.S. judges approved a $2.25-billion class-action lawsuit settlement. U.S. District Judge Loretta Preska said the global settlement reached earlier this year is “fair, reasonable and adequate” to compensate people or entities who bought common stock or sold options on [...]

[Read more →]

Blogging Stocks questions whether Nortel can stay independent given it is trading at a market cap to sales ratio lower than Alcatel-Lucent and Motorola, and the lacklustre performance of Nortel shares recently. “There are several companies that might find Nortel an attractive acquisition. The list would be lead by Motorola, Cisco Systems Inc., and Alcatel-Lucent,” [...]

[Read more →]

Whoever is doing Nortel’s PR should be getting a huge year-end bonus. First, a glowing story in Forbes; then, another one in Barron’s; and now, a “Has Nortel Turned Around?” story in Forbes. This media bonanza featuring CEO Mike Zafirovski is a far cry from his predecessors, Frank Dunn and Bill Owens. Dunn had an [...]

[Read more →]

Nortel received an early holiday gift after Ron Alepian agreed to come over from BCE to become the telecom equipment maker’s v.p. of global communications. He replaces Bill Durling, who replaced, Marian MacKenzie, who replaced…Well, you get the picture. Alepian will be responsible for the “strategy and execution for global public relations, employee and executive [...]

[Read more →]

Anyone who was hoping Nortel would snap up Redback Networks to expand its router business is going to have to think about a new strategy after Ericsson made a $2.1-billion offer for Redback. The cash offer of $25 a share is a modest premium of 18% over Redback’s closing price yesterday, and now puts Ericsson [...]

[Read more →]

It’s interesting to see the pragmatic - if somewhat unenthusiastic reaction - among analyst to Nortel’s $2-billion deal with Verizon Wireless, which was announced yesterday. It’s almost like no one is willing to jump back on the bandwagon even though Nortel appears to have gained some momentum with a key customer. A good example is [...]

[Read more →]

Not sure quite to make of the news that Nortel has won a five-year, $2-billion contract to provide equipment and services to Verizon Wireless. From previous experiences dealing with Nortel and large contracts, I’m reluctant to trumpet the fact Nortel has won a $2-billion contract because who really knows if $2-billion of business will actually [...]

[Read more →]

So let’s have some holiday fun and put together a 2007 wish list for Nortel CEO Mike Zafirovski. Let’s me start things off by suggesting Mike Z. could like to see the small and medium size business market really embrace the BCM 50 so it becomes a $1-billion a year business. Anyone else want to [...]

[Read more →]

Eastman Kodak has extended its U.S. voice network management deal for another three years with Nortel. This involves Kodak’s U.S. network of PBXs and telephone services through 2008, as well as an upgrade of the existing Meridian switch to an IP-enabled Communication Server 2100.

Technorati Tags: Nortel, VoIP

[Read more →]