All About Nortel

Over the past few months, I’ve been wavering back and forth on a comment policy. While I like comments and lively conversations between people with different views, there has also been a nagging issue about allowing comments that go over the line (however one decides to determine “the line”). That said, there is growing concern [...]

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Nortel will hold conference calls with analysts and the media on May 3. Here are the details:
Financial Analysts (4:30 p.m.)
To participate in the audio teleconference and Q&A, please call:
- North America 1-888-211-4395
- International 1-416-620-2013
To take part in the audio Webcast, please visit: www.nortel.com/q1earnings2007
Media (5:30 p.m.)
To participate in a media Q&A please call:
- [...]

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Goldman Sachs has downgraded Nortel to “sell” from “neutral” amid concerns Nortel may not be able to meet its 2008 revenue goals. The investment firm also said Nortel shares may also face “selling pressure’” from the company having to distribute up to $1.9 billion in stock over the next 12 months as compensation in shareholder [...]

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It was interesting to read a story in the Financial Post a couple of days ago about how BCE Inc. CEO Michael Sabia could walk away with a severance package of $8.4-million if he loses his job within one year of a change in control (BCE, Canada’s leading telecom carrier, is in play amid speculation [...]

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According to someone who reads Gokul Blog, Nortel’s recent contract to provide with Mexico’s Telmex with IP telephony and multimedia services came at the expense of Cisco, which was battling to win the deal. For more details on why Nortel prevailed, check out the post.

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Nortel has established its first foothold - albeit a small one - in the U.S. Wi-Max market after reaching a deal with Quad-Cities Online to provide high-speed wireless access to customers in western Illinois and eastern Iowa. The deal will let Quad-Cities move many of its several thousand dial-up users to a high-speed connection. The [...]

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With everyone going green these days, it’s good see Nortel climb on the bandwagon. The company has just signed a deal with Sims Group to boost the collection and recycling of electronic equipment across Europe. To get rid of old equipment, Nortel customers can contact Sims by telephone or e-mail. It’s a solid move in [...]

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After losing a $28.1-million lawsuit ruling for patent infringement to Australia-based Ipernica Ltd., Nortel said it will fight the decision, according to LocalTechWire.com. “We strongly disagree that their verdict is supported by the facts or the law,” Jay Barta, a Nortel spokesperson, said in an e-mailed statement to Bloomberg. “Accordingly, we will be filing post-trial [...]

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Nortel has been ordered to pay $28-million to Ipernica Ltd. for illegally using the Australian’s company’s switching technology. Nortel was not alone on Ipernica’s hit list as the company also went after Cisco, Alcatel-Lucent and Juniper, which reached an out of court settlement. Ipernica estimated its technology is used in $2 billion worth of networking [...]

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Nortel has issued a warning about three major vulnerabilities in its VPN routers that could allow remote attackers to compromise devices and gain unauthorized network access. The VPN routers - 1000, 2000 and 4000 - offer features such as VPN, firewall, bandwidth management, encryption, authentication, and data integrity for secure connectivity. The flaw were discovered [...]

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