TelecomTV has a story that offering some good perspective on the problems facing Nortel and other telecom equipment suppliers.
While Nortel was thrust into the spotlight last week amid its lower financial projections and the sale of a key asset, the reality is it’s just one of many telecom equipment suppliers struggling to remain competitive. With fierce competition, uncertain economic conditions and customers who are re-thinking spending decisions, the telecom landscape is, at best, volatile.
For suppliers to remain competitive, they’re going to have be focused, well-managed and able to navigate some pretty rough times ahead. It’s important to remember that Nortel isn’t the only company scrambling to keep its head above water.
In fact, nortel is cutting people also in China .... and I doubt it is winning anything significant in the cdma market over there.
exnt2
yes but the Nortel position is catastrophic. vendors like extreme, tellabs, ciena etc. are small with limited portfolios. extreme is ethernet, tellabs a bit optical but mostly multi service and ciena in optical. to be fair to them, they are facing a crunch.
nortel on the other hand has no excuse. with enterprise, wireless and wireline including optical, its a question what management was sitting and doing. bad economy, slowing decisions, consolidating carriers cannot be used as an excuse. Thats what Z would have you believe. What was Zero man doing when Ciena was exploding with optical, or Tellabs replacing Nortel gear or Fujitsu stealing optical share or Alcatel / Ericsson / Nokia taking away wireless share.
He was sleeping at the wheel. Too busy jetting around maybe. Do not downplay the seriousness of Nortels problems with the rest of the industry. Zero man should be fired.
Nortel employees - if you had any guts make a nice t-shirt with a nice big Z for Zeroman Z.
Nortel investor
Mark.... On the last article you posted re. Richards defends Nortel there is a comment in there by ER regarding China telecom announcing the 1st round CDMA bidding results that were awarded to 5 companys with Nortel being one of them... Can you verify as to what this means?
Good Insight from TelecomTV
TelecomTV has a story that offering some good perspective on the problems facing Nortel and other telecom equipment suppliers.
While Nortel was thrust into the spotlight last week amid its lower financial projections and the sale of a key asset, the reality is it’s just one of many telecom equipment suppliers struggling to remain competitive. With fierce competition, uncertain economic conditions and customers who are re-thinking spending decisions, the telecom landscape is, at best, volatile.
For suppliers to remain competitive, they’re going to have be focused, well-managed and able to navigate some pretty rough times ahead. It’s important to remember that Nortel isn’t the only company scrambling to keep its head above water.
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