All About Nortel

Just when you thought Nortel was about to hitch its strategic wagon to IP-TV (video), they fire up the VoIP marketing machine. The company has introduced new VoIP packages under its - are you ready for it? - IPT 1-2-3 program. The idea is companies that haven’t used VoIP can now get them in a [...]

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In a submission to Seeking Alpha, Contrarian Investor’s Mark Schlotzhauer uses Nortel as an example of how investor needs to focus on value rather than following the crowd. To assess whether Nortel is good value, Schlotzhauer uses GuruFocus.com as a benchmark (it’s a site that tracks the investment portfolios of super-rich people such as Warren [...]

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Nortel chief technology officer John Roese has demonstrated a gift for the gab given the number of media interviews he has done since joining the company last year but now he’s jumped into the blogosphere with his own blog. Frankly, I’m stunned to see a high-profile executive with a Canadian company writing a blog, so [...]

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LightReading must have some pretty good sources within Nortel these days. After writing about a speculated asset swap between Alcatel and Nortel last week, LIghtReading is reporting today that Nortel is planning several IP-TV acquisitions as part of an aggressive strategic focus on the telecom video market. “Nortel has revisited its IPTV strategy”, a source [...]

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Amid speculation Nortel and Alcatel could do an asset swap (Nortel’s GSM business to Alcatel; Alcatel’s enterprise unit to Nortel), UBS analyst Nikos Theodosopoulos said in a report that while the deal reflects the growing belief Nortel will de-emphasize wireless in favor of the enterprise market, it’s unclear how a deal would be structured. [...]

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Network World’s Jim Duffy, how covers the telecom beat as well as anyone, has an interesting story for anyone curious about Nortel’s comeback efforts. In an article called “Five things Nortel must do to complete comeback”, Duffy writes that Nortel’s customers, partners and analysts believe the company needs to:
- improve business relations with users and [...]

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Time to turn the page on some of Nortel’s legal woes after Mr. Justice Warren K. Winkler of the Ontario Superior Court of Justice approved an estimated $2.5 billion settlement last weeks that resolves seven lawsuits in the United States, Ontario, Quebec and British Columbia over whether Nortel misled investors during two separate class periods. [...]

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If you believe in the adage “where there is smoke, there is fire”, LightReading reports there could be a deal on the horizon that could see Nortel swap its $2-billion GSM business for Alcatel-Lucent’s $1.2-billion PBX unit and possibly other assets such as cash and/or an enterprise-related unit. Lightreading suggests the deal makes sense because [...]

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Is it just me or is Nortel and CEO Mike Zafirovski getting more than their fair share of media coverage recently? Along with Forbes, the Wall St. Journal and Barron’s, Canadian Business has done a feature story (”Inside the new Nortel”) on how Zafirovski is orchestrating Nortel’s turnaround. From a media perspective, Nortel continues to [...]

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LocalTechWire’s The Skinny highlights the fact Nortel shares have jumped 30% since its reverse-stock split (10 for 1). While The Skinny concludes the stock is “no longer a dog”, analysts appear to be unenthusiastic with 24 of 33 surveyed by Thomson/First Call calling it a “hold”, while only six call it a “buy” and two [...]

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