« Oh, Oh: O2 to De-Nortel | Main | Tough Q1 Expected for Nortel »
Motorola Riper for a Deal with Nortel
By Mark Evans | April 24, 2008
Motorola looks increasingly vulnerable these days after it posted a 21% decline in first-quarter sales and a net loss of $194-million. The big shocker was a 40% drop in the mobile phone business to $2.1-billion.
With Motorola scrambling financially, maybe the idea of a marriage/deal with Nortel looks more appealing as a way for two struggling telecom equipment providers to join forces to become a stronger enterprise player.
Technorati Tags: Motorola