Comments on: Nortel’s #1 in 40G and 100G

By: fishymcdonk

fishymcdonk — Mon, 19 Oct 2009 19:07:43 +0000

Huawei clearly has superior General Tao chicken

By: fishymcdonk

fishymcdonk — Mon, 19 Oct 2009 15:07:43 +0000

Huawei clearly has superior General Tao chicken

By: Teleguy

Teleguy — Sat, 17 Oct 2009 02:25:05 +0000

Don't tell zeroman that, he double posts for them to further discredit Nortel.
Mao would be proud.

By: scalppeeler

scalppeeler — Sat, 17 Oct 2009 01:14:45 +0000

Don't worry.
You'll be put on the straight and narrow soon.

By: my2cents4free

my2cents4free — Fri, 16 Oct 2009 22:41:19 +0000

They have a great technology for long distance hi capacity links… You can build a business on this… but it will be much smaller than the existing MEN one. Bulk of their revenues are legacy optical equipment in the metro network…legacy install based that is not going to be replaced with a 40G/100G long distance technology. Please explain why my statement makes no sense…

By: zeroman

zeroman — Fri, 16 Oct 2009 20:06:52 +0000

The Ethernet was a big part of the story in creating the division until they dropped out of Ethernet couple of years later. if they had not, the optical guys would not have got their own division and probably reported into Lowe or Slattery (Hackney). They only created a slew of powerpoint jobs for their buddies.

By: gone2moro

gone2moro — Fri, 16 Oct 2009 15:53:57 +0000

VoIP estimated value, I've never been clear on what Nortel means when they label something.. for example.. MEN Metro ETHERNET Networks…. don't remember NT selling much Enet into carriers. Verizon Bus for example bought about $5B in optical/sonet gear and MAYBE a million in Ethernet cards for OC-48classic and OM3500.

What's VoIP value based on?…. does it include all of the thousands of DMS 10/100/250/500 TDM switches out there… that will never be converted to VoIP?

Is NT dumping the TDM gear on a Zhone like company for sustaining support and just packaging the CS1500 and CS2k VoIP infrastructure pieces in the VoIP value?

By: Lookahead

Lookahead — Fri, 16 Oct 2009 14:08:46 +0000

The court issue was settled down for the Nortel MEN auction:

Bankrupt Nortel Wins Approval for Unit Auction Led by Ciena
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By Joe Schneider

Oct. 16 (Bloomberg) -- Bankrupt Nortel Networks Corp. won court approval for a plan to sell its optical-networking business at an auction with Ciena Corp. as lead bidder after making changes to the proposal.

Ciena, which has offered about $530 million for the unit, agreed to put up a 5 percent deposit as other bidders are required to do. The company also will let courts decide whether it can block the return of rival bidders’ deposits and accepted restrictions on payment of a breakup fee, said the company’s lawyer, Doug Bacon.

“This meets the requirements of the debtors’ best interests,” U.S. Bankruptcy Court Judge Kevin Gross said in Wilmington, Delaware. “I am pleased to grant the motion.”

Gross and a judge in Ontario yesterday rejected the proposed auction. Ciena, based in Linthicum, Maryland, wants the Nortel unit so it can acquire fiber-optic network products, broaden its customer base in Europe and Asia, and add customers such as Spain’s Telefonica SA.

Gross had objected to the breakup fee to be paid to Ciena if the purchase fell through, and said the unit’s buyer shouldn’t have a veto on bidders getting their deposits back.

Nortel is selling the unit as part of a broader effort to shed businesses since it entered bankruptcy protection nine months ago. The Toronto-based company has raised more than $2 billion from asset sales.

The case is Nortel Networks Inc., 09-10138, U.S. Bankruptcy Court, District of Delaware (Wilmington).

To contact the reporter on this story: Joe Schneider in Toronto at jschneider5@bloomberg.net.

Last Updated: October 16, 2009 00:01 EDT

By: less

less — Fri, 16 Oct 2009 05:15:27 +0000

I'd advise Ciena and anyone else who gets in bed with Nortel to wear a condom on their honeymoon night as Nortel's past lovers all seem to have been stricken down with some type of belligerent STD.
When it comes to syngerizing the ole lever, ladies, yall please remember Joel Hackney's approach to chivalry and dialogue.

Props to Ciena for anything they try to do to fix Zs diarrhea-gargle of a turnaround.

By: scalppeeler

scalppeeler — Fri, 16 Oct 2009 03:11:38 +0000

What are the chances of that happening?
If Ciena win the bidding war they are pretty well taking everybody.
Doesn't anybody else who may outbid them have to take the same amount.
That means management survives does it not.