Ericsson Canada’s Mark Henderson Talks About Nortel Deal

Interesting...also, James Bagnall is doing a series in the Ottawa Citizen all this week titled "Who killed Nortel". Part 1 is in today's paper. He discusses in some detail how the BoDs decided to put Nortel in Chpt11.

http://www.ottawacitizen.com/news/nortel/index....

Here is a link to the story:
http://www.kelowna.com/2009/10/30/who-killed-no...

"The fact that directors did not have such a plan before filing for creditor protection was telling. It did not bode well for Nortel’s ability to re-emerge as a standalone corporation."

Very telling indeed. This confirms that the BoD was clueless and inept, and shareholders have a right to be outraged.

After Z man appeared in the Ottawa parliament hill, I think Z man and BoDs were scared of being caught in the court actions, so they fleeted away after many years milking Nortel. However, the justice will be (should be) enforced to these thieves. All we need to do is to promote the media attentions.

Ericsson will keep these wireless stragglers on for a year or so, and flush them down the toilet in a heartbeat once Verizon gives the all-clear signal.

What do these wireless folk possess that Ericsson doesn't have already? LTE software experience? Canadian passports?

Smoke and mirrors

Hocus-pocus

Hmmm, I guess then the projections that VzW will keep their CDMA 1x network up until ~2020 is a misperception.....but that certainly is what many beleive they will do. Part of the transition to LTE from Huawei and others.

This is a disgusting, juvenile, ignorant, and false comment. You have no idea what you are talking about do you?

You are right. It is disgusting. In that 400+ LTE staff in Ottawa, there are at least 300 priceless functional managers, architects and project managers.
There is no way Ericsson can live without them.

Sigma charts need to be created, meticulously kept and interpreted by qualified personnel only. Ericsson lags way behind in this forward-focused synergies leveraging paradigm discipline. Prios, One-on-One, Career Development,e tc, it all needs to be continued, and more meticulously than ever.

How is E/// going to make it without Hackney? He was the leader of L6S chartware and pet projects. Clearly, E/// will have to buy out Avaya to secure Hackney to lead the BBs. My money is going to Avaya. Hackney will create the velocity needed to transform time-to-market and hyperconnectivity and systems integrated multimedia and UC.

Aye, damn them frivolous mob lawsuits keeping Nortel down...

Those funds would be better served fueling NTs best-of-breed tradition in value-added core competencies and best practices supporting customer-centric enterprise on the near-event- horizon toward that next-generation mindshare which could boil the ocean with no mission-critical tail risk whatsoever.

Simply put, all that needs to be done is secure the funds from the rabid hordes and send some of that money Hackneys way and let him to fix it The Nortel Way.

Don't you mean "best-of-greed" ...

You said it I didn't. I don't want to get sued any more than necessary...

Of course I have no clue what I'm speaking about regarding Nortel divestitures:

http://www.allaboutnortel.com/2009/07/02/nokia-...

Think E/// will buy GSM to block NSN fro NA (AT&T, TMO, IESPs)?

Or does NSN have everything to lose and MUST win?

"that the deal will double Ericsson’s R&D spending Canada, which totaled $126-million in 2008."

Ericsson also indicated it would be seeking the same liberties extended to Noika-Siemens had that deal gone through with the $300M government EDC loan.

Is this what it boils down to? Paying for the buyer to take it, sounds about right losing money =) ...years worth of R&D and a far cry from what Nortel use to spend every year, around $2B annually wasn't it?.

OK my friend
The Nortel game is dangerous.
Look
First
Nortel went from ch11 to ch7 with no public announcement.
MatPat was blocked from bidding on Nortel.
and our friend DanLeonida was injected with a bacteria and is in hospital as we speak. He is in hospital yet..
At some point in the past Nortel wanted to settle the fight with DanLeonida at $20 mill. Dan rejected that. He knows Nortel's skeletons and he thinks, it's the main reason Nortel used BK.
Do some govern agents use bio weapons?
As I know the history they do. Russians were killing people around the world with injections in public places /on a bus as an example/
Did someone injected Bouchard, Lucien Bouchard, premier of Quebec and leader of the Parti Québécois, with flesh eating bacteria so he would not separate Quebec from Canada?
I think so.
What we can do about it?
The only way is talk about it on public forums.
Nortel, Nortel, Nortel
The biggest fraud ever and the biggest cover up story!
http://www.cbc.ca/canada/story/2001/01/10/bouch...

Yappy, Yappy Yappy,

"...our friend DanLeonida was injected with a bacteria and is in hospital as we speak."
==================================================
I don't know that, but I am considering it as a possibility for the following reasons:

1) - I am a very healthy person.

2) - My medical charts indicate that I was admitted to ER with acute pneumonia on the 20th of August 2009 and heavily sedated [placed in a comma] for about two weeks. Yet... I have files with creation dates as late as the 28th of August as well as posts on Yahoo Message Board also as late as 28th of August!!!

3) - I have no recollection of any symptoms and/or progression of symptoms from mild to acute over a period of two or three days. For this reason I allow for the possibility that the acute pneumonia was "served" to me already incubated!

4) - Most likely the hospital [Vancouver General Hospital] made a mistake in recording 20th of August as my admittion date when I can produce files and public posts dated Aug. 28th.

IMHO it is more likely that the admittion date was 28th of Aug. or later. Concidently, Nortel pps jumped about 100% on the 26th and 27th of August.

You be the judge, Yappy!

danleonida

Ericsson has been in Canada but need to see a long term evolution (LTE how ironic) for R&D in Canada. Many companies set up shop for R&D, Marconi, Cisco, Avaya, Agere, SS8 but slowly pulled out or brought operations to an absolute minimum. There are others who have grown their Canada operations several fold.

Until there is a plan for Canada showing significant R&D developing new technology, there will always be skeptcism. Canadians have a reason to be upset. After all their iconic telecom firm has disappeared. No matter how multinational companies are there will always be some national identity. That's why Ericsson belongs to the Swedes, Nokia to the Fins, Nokia Siemens to the Fins and Germans, Alcatel to the French and Cisco to the Americans.

Its not only R&D but also being part of the community by filing corporate taxes (billions), supporting programs, donations or attracting other companies to build around it. Many companies already must be reducing staff or closng shop since there is no more Nortel. The void can never be filled with Nortel's demise no matter what the bureaucrats say.