Over the past couple of weeks, several Nortel executives have been selling shares. The most notable sellers include:
1. Dietmar Wendt, head of global service, who sold 5,055 shares for $128,002
2. Lauren Flaherty, chief marketing officer, who sold 6,172 shares for $157,002
3. George Ridel, chief strategy officer, who sold 13,242 shares for $337,671
4. Dennis Carrey, executive [...]
Entries from June 2007
Nortel Execs Selling Stock
June 30th, 2007 · 10 Comments
Tags: Executive Suite · Stock
Could Nortel Have Invented the iPhone?
June 29th, 2007 · 5 Comments
The Ottawa Citizen’s James Bagnell, who knows Nortel as well as anyone, has a really interesting angle on the iPhone: could Nortel have invented it.
The reality is Nortel was working on a phone in the early-1990s called the Orbiter that featured a graphics display. The developers of the Orbiter’s user interface was Don Lindsay, who [...]
Tags: Wireless
Nortel a Distant #3 in Enterprise
June 27th, 2007 · 6 Comments
According to research by IntelliComm Analytics, Cisco and Avaya are virtually neck-and-neck when it comes to the leading enterprise telecom suppliers in North America during Q1. Avaya had 20.9% of product revenue was Cisco was a smidge behind with 20.9%. Nortel, meanwhile, had 12.1%.
Tech Confidential Blog suggests the study illustrates why Avaya was such an [...]
Tags: Enterprise · Rivals
Nortel Hires CIO
June 26th, 2007 · 1 Comment
Nortel has filled its chief information officer position by hiring Lenovo CIO Steven Bandrowczak. He will replace interim CIO Bill Donovan in mid-July. Bandrowczak had been with Lenovo for less than two years after joining as senior vice president and CIO following a similar stint at DHL Worldwide. According to a Nortel press release, Bandrowczak [...]
Tags: Executive Suite
What’s Better? Wi-Max or HSDPA?
June 25th, 2007 · 1 Comment
So what’s the better/more viable technology - Wi-Max of HSDPA. Ericsson recently dissed Wi-Max as the Betamax of the telecom world - an assertion that Nortel, of course, vigorously objected to. In any event, Smart Office asks the question about whether Wi-Max is superior to HSDPA in the wake of Austar deciding to use Nortel’s [...]
Tags: Contract Wins · Wireless
Nortel Looks Good at NXTComm
June 22nd, 2007 · 4 Comments
TD Securities analyst Chris Umiastowski recently attended the NXTComm 2007 conference, and came away impress with Nortel. In particular, he said Nortel is showing some good traction with its PBT carrier ethernet solution, as well as its optical transport portfolio (Imagine that, interest in optical again!)
Umiastowski said the opportunities for PBT sales could be bolstered [...]
Tags: Analyst Coverage
Forbes Interviews CTO Roese
June 20th, 2007 · 10 Comments
Do you think Nortel CTO John Roese has ever met a reporter he didn’t like? Just when you thought he was taking a break from the spotlight, he gets interviewed by Forbes.
Tags: Executive Suite
Bell Canada Likes MEM
June 20th, 2007 ·
Bell Canada, Canada’s largest carriers, will be deploying Nortel’s network and service operations management technology called Metro Ethernet Manager so it can deliver bandwidth-hungry services such as video and file-sharing to business customers.
“We have seen significant growth and now carry a wide variety of service traffic on our Ethernet network, such as IP virtual [...]
Tags: Technology
Chandran Joins WebTech Board
June 18th, 2007 · 3 Comments
Clarence Chandran, who was once viewed as John Roth’s successor as Nortel CEO until he was stabbed during a break-in in Singapore, has joined the board of directors of WebTech Wireless Inc., which provides located-based and fleet telematics services. It’s an interesting choice given Vancouver-based WebTech has been beset by problems recently, highlighted by a [...]
Tags: Executive Suite
Nortel Trims French Workforce
June 18th, 2007 · 5 Comments
Nortel is cutting 180 employees in France, or 16% of the its workforce in the country. It’s certainly not a big number but symbolically this is a huge move given French employees work within a strong union and they are extremely well paid. The employees who were cut work within Nortel’s second-generation wireless operations.
Tags: Financials · Wireless
