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Archive for May, 2007

The Word of the Day is: HyperConnectivity

Nortel’s efforts to spread the hyperconnectivity (HyperConnectivity?) message is now officially on tour. CEO Mike Zafirovski will be delivering a keynote at the Interop conference in Las Vegas tomorrow to push the concept, which has been Nortel’s strategic mantra in recent weeks. He’ll also be talking about how is focused on helping businesses take advantage [...]

Will You be Nortel’s Friend?

Network World’s Greg Royal has a good post on Nortel’s need to create a better partnership strategy. He argues that “although they have partnerships with larger companies, such as Microsoft they have yet to understand the power of building communities of vested interest in a way that Cisco, IBM and others do. I use the [...]

Nortel and Toshiba to Develop Base Stations

Another part of Nortel’s ambitious Wi-Max strategy unfolded today as the company announced a joint venture with Toshiba to develop base stations - a market they believe will be worth $4-billion within the next three years. Toshiba, Japan’s largest chipmaker, said it expects the joint venture will have sales of $100-million by March, 2011, which [...]

Nortel Settles With the OSC

It’s been three years since Nortel abruptly fired CEO Frank Dunn “for cause” in the wake of an accounting scandal - and the company is still putting aside the mountain of related legal issues. One mini-mountain has now been resolved as the company has reached a settlement with the Ontario Securities Commission. The deal which [...]

Nortel Introduces Fastlane

Nortel’s push into the enterprise and services market has taken a step forward with the launch of its new FastLane services portfolio that features “pre-packaged implementation, support and management services for enterprises”.
“We are at a critical inflection point with our channel strategy as we look to drive strong enterprise and services growth,” said Dietmar [...]

Robert Baird Maintains “Outperform”

Robert W Baird has maintained its “outperform” rating on Nortel with a target price of $34. In a research note, the investment firm said Nortel posted strong revenue growth and higher than expected margins in the first-quarter, and that earnings will likely accelerate in the second of the year before ramping up in a major [...]

New Enterprise Product?

According to InfoWorld, Nortel is poised to announce major additions to its enterprise portfolio - a move that will illustrate CEO Mike Zafirovski’s commitment to taking on rivals such as Cisco and Juniper. Based on a research report by CIBC World Markets analyst Ittai Kidron, InfoWorld suggests Nortel will roll out a a datacenter application [...]

Motorola Needs Mike Z.

I don’t have access to the story (yet) but Barron’s has a story about Motorola and the showdown between investor Carl Icahn and Motorola CEO Ed Zander. Here’s the intriguing first paragraph from the Barron’s story:
“MOTOROLA HAS BEEN DOMINATING THE HEADLINES with last week’s contentious showdown between Carl Icahn and Chief Executive Ed Zander. But [...]

Carroll Throws Dart at “Hyperconnectivity”

For the past couple of months, Nortel has been touting its hyper-connectivity strategy to describe how its going to take advantage of the growing demand on Internet-based networks from things such as wireless devices, Wi-Max and IP-TV. Jim Carroll takes issues with Nortel’s adoption of “hyper-connectivity”.
Their “bold” new strategy is curious, considering I’ve been using [...]

Citigroup Keen on Nortel

Citigroup analyst Michael Genovese has bought into Nortel’s hyper-connectivity message. In a research note, he said hyper-connectivity will see more online users, devices, bandwidth, applications and networking and, as a result, boost Nortel’s competitive advantage. He rates Nortel a “buy” with a $35 stock price target.