Yearly Archives: 2006

Is Nortel Back in BT’s Good Books?

By Mark Evans | Published: December 15, 2006

After being unceremoniously excluded from BT’s $19-billion next-generation network project a couple of years ago, it looks like Nortel could be getting back in BT’s good books. The two companies have signed a new, three-year deal with will see Nortel help BT provide its business customers with VoIP, multi-media, instant messaging and mobile communications services. [...]

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EDC Still Backing Nortel

By Mark Evans | Published: December 14, 2006

Export Development Canada’s support of Nortel is alive and well amid news Nortel has amended its master facility agreement to extend the maturity date of the US$750-million facility for an additional year to December 31, 2008. This includes the existing US$300 million of committed support for performance bonds and similar instruments.

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Nortel’s Unveils MSFT Plans

By Mark Evans | Published: December 14, 2006

For anyone wondering about what Nortel and Microsoft plan to together in the wake of their partnership announcement earlier this year, all the juicy details – or at least some of them – can be found here.

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The Kings of Cash

By Mark Evans | Published: December 13, 2006

Motley Fool has a story called the “Three Kings of Cash”, looking at companies (Qualcomm, Garmin, Volcom) that generates lots of free cash flow. For Nortel watchers, one paragraph that stood out was this one: “Unlike companies such as Nortel Networks (NYSE: NT), Blockbuster (NYSE: BBI), and Overstock.com (Nasdaq: OSTK), which struggle to keep the [...]

Posted in Financials | 4 Comments

Nortel’s New Niche: Hockey

By Mark Evans | Published: December 12, 2006

If this whole Wi-Max strategy doesn’t work out, Nortel may have another wireless business poised to propel growth: hockey arenas. Nortel has signed a deal with Scotiabank place – the home of the Ottawa Senators – to provide a “state of the art” wireless network throughout the building. Earlier this year, Nortel signed a wireless [...]

Posted in Contract Wins, Wireless | 1 Comment

The Power of Barron’s?

By Mark Evans | Published: December 11, 2006

Maybe investors’ enthusiasm for Nortel is healthily tempered. The stock has climbed a modest 30 cents to $22.84 in mid-afternoon trading despite the positive piece in Barron’s. Interesting.

Posted in Stock | 2 Comments