All About Nortel

Nortel’s efforts to get back bonuses paid to ex-CEO Frank Dunn will be pressing ahead after a Canadian court ruled it would be an “injustice” to have any further delays in three lawsuits against Dunn.
“Nortel Networks and its shareholders have not had a clear response from Dunn (and others) with respect to their alleged misconduct,” [...]

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According to Nomura Research analyst Richard Windsor, Motorola may be getting out of the handset business so it can focus on becoming an enterprise and government players.
Hmm.
If this scenario actually materializes, what could it mean for a potential Nortel-Motorola marriage given Nortel is strategically focused on the enterprise and government markets as well? Perhaps this [...]

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It’s been about a month since I introduced a new comment system called Disqus.
In theory, it’s supposed to be an upgrade by offering comment threads, as well as some much-needed anti-spam tools. That said, I’ve heard a few grumbles from some people about how Disqus can be difficult to use.
Let me know what you [...]

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Cisco’s poised to release a new switch called the Nexus 7000 that offers some staggering metrics: 15 trillion bits of data/second, which could transfer 90,000 Netflix movies in 38.4 second, or send a two megapixel image to every human in 28 minutes, according to the New York Times.
Nicholas Carr said Nexus has two important [...]

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When George Riedel was lured away from Juniper Networks two years ago to become Nortel’s chief strategy officer, it was seen as a sign Nortel was prepared to ramp up its M&A activity. After all, Riedel had carved out a solid reputation for deal-making during his three years with Juniper.
While Nortel has entered into strategic [...]

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Just when you think analysts are starting to get bullish about Nortel again, you run into a bear.
Citing a weaker capital expenditure outlook, UBS analyst Nikos Theodosopoulos has reduced his 12-month target price on Nortel to $15 from $20, while leaving his rating unchanged at “neutral”.
“We estimate global telecom equipment spending grew 2.5% in 2007 [...]

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If you push aside Nortel’s struggles to re-invent/restructure itself, one of the company’s strengths is providing carriers and cablecos with technology to offer VoIP services.
A relatively new customer for Nortel is Clearwire, Craig McCaw’s WiMax service provider that has been working to carve out a wireless broadband business in the U.S.
Clearwire wants to expand into [...]

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Ex-Nortel CEO Frank Dunn wants to defend himself against regulatory lawsuits but he claims that he can’t because Nortel won’t pay his legal bills.
Dunn’s lawyer, Thomas Heintzman, told a judge earlier today in Toronto that Dunn has “huge” legal bills but unless Nortel covers his costs, there’s no way he can afford “qualified counsel”/
One of [...]

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Financial Post columnist Duncan Stewart is downright bearish when he comes to looking at the prospects for Nortel shares over the next six months - a marked contrast to bullish reports recently by TD Securities’ Chris Umiastowski and Scotia Capital’s Gus Papageorgiou.
While Nortel shares have struggled recently, Stewart believes now is not a buying opportunity. [...]

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According to CBR.com, Nortel is going to streamline operations by dramatically reducing the number of applications running on its corporate network by more than tenfold (1,100 to 100) over the next 18 months, while lowering the number of data centers to two from four.
“Today, individual business units, functions and countries may have different ways of [...]

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