Comments on: Roese on the Next Thing

By: unknown

unknown — Thu, 21 Aug 2008 07:30:58 +0000

The funniest part is in the numbers:
Revenue B/(W)

Q2 2008 YoY QoQ
Carrier Networks $1,038 (2%) (15%)
Enterprise Solutions $ 610 3% (5%)
Global Services $ 536 9% 4%
Metro Ethernet Networks $ 378 4% 16%
Other $ 60 5% 7%

I assume other = CTO office? and how many r&d folks are there in the CTO office at NT? how many in other divisions?

By: Observer

Observer — Thu, 21 Aug 2008 05:43:30 +0000

Vision is overrated in communications and information technology. The entire industry is turning into a commodity and “services” – a buzzword for companies that really just sell customers things they don't need or want. Every company including Nortel throws around words like “services” which don't mean anything. The only meaningful growth the last 8 years has been in video and application acceleration (which in the context of increased bandwidth) isn't really anything revolutionary. Market shares have not meaningfully changed in the equipment space save for Huawei. The only word that comes to mind for the internet/communications/technology sector is commodity. As someone once said, there's no 'there' there.

By: unknown

unknown — Thu, 21 Aug 2008 03:30:58 +0000

By: Observer

Observer — Thu, 21 Aug 2008 01:43:30 +0000

By: Shackled

Shackled — Wed, 20 Aug 2008 14:37:48 +0000

Someone told me Z's contract was up at the end of August. Can anyone confirm or provide more details (if any)?

By: Nortelhand

Nortelhand — Wed, 20 Aug 2008 13:58:51 +0000

My feeling is the same as others. Mike Z has taken Nortel to new lows all the while making a lot of money for himself. He has hired YES men. Do you notice how Mike Z is not talking up Nortel in the press any longer? No fire side chats? No vision statements? Nothing on how Nortel will be great AGAIN? This guy has raped Nortel for his own pocket. Any guesses as to when Nortel is going from the 5s to the 4s?

By: Another Nortel Watcher

Another Nortel Watcher — Wed, 20 Aug 2008 07:15:57 +0000

BB – very good analogy but in my opinion the combination of Mike Z, John Roese, Choker Hackney, and Richard Lowe are all the John Scullys of today. The rest of Mike Z's hires and appointments are even worse because they're irrelevant.

This cabinet team is tanking the company. Where is the board? Why don't they act? For ***** sake, what evidence do they need? Do they understand their role? My lawyer understands their role and he's chomping at the bit to go after them.

By: broadbandbill

broadbandbill — Wed, 20 Aug 2008 06:15:20 +0000

I would like to see the CEO show some courage and FIRE this useless idiot; his bet on MIMO-only WiMax may have cost Nortel billions and even ensured that Nortel never EVER has any impact in the wireless space. John Roese is the John Scully of today; talks the talk but could never walk the walk!! –bb

By: commentor

commentor — Wed, 20 Aug 2008 06:03:40 +0000

Hiring Roese was the biggest joke and mistake MikeZ did. I think he spoke soo much during the interview he fooled MikeZ who had no clue about what John was saying. The fact is R&D is struggleing under this person because they just can not explain anything to this guy before he takes over the coversation and starts yapping. That is why the CTO office, almost 3 years after the fact is still a uselless entity within Nortel.

I feel sorry for all the great minds at Nortel, all the true visionaries and the experts (and are lots of them inside) I feel sorry that they are led by this big mouth!. Exnt2 is right, he may be in the move soon (just look at his history).

By: broadbandbill

broadbandbill — Wed, 20 Aug 2008 06:00:30 +0000

The biggest joke in the telecom world – John has no prior experience in either wireless or telecom markets, which represents the majority of Nortel’s revenues. Imagine leading a global R&D organization based on INEXPERIENCE!!! At best, irresponsible; at worst, criminal. And they wonder why they are where they are….–bb