Comments for All About Nortel

Comment on Nokia Siemens Plays Nice with Canada by zeroman

zeroman — Sat, 04 Jul 2009 22:32:51 +0000

it is 10/hour

Comment on Webinar About Pensions, Health and Long-Term Disability Plans by zeroman

zeroman — Sat, 04 Jul 2009 22:31:25 +0000

the sooner these groups elect non nortel people to represent them the better. except for eye candy titles they are incapable of doing much.

Comment on Nokia’s Growing North American Foothold by less

less — Sat, 04 Jul 2009 22:13:58 +0000

- Nortel + Nokia = No KIA

- Nokita = sounds more Asian; will attract business there

- No Quita = spanish: "no quitter"

No, wait, that means stuff like "free (from obligation), clear (from a charge), release (people), remove (jobs), take (bonus), steal (uh, market share)

Should read Si Quita.

Comment on Talking about Nortel on BNN by less

less — Sat, 04 Jul 2009 21:51:12 +0000

Depends on how much he earned. An ever diminishing number of people are doing do so, beyond - and all thanks to - the Almighty Nortel Gods on Top.

Comment on Talking about Nortel on BNN by less

less — Sat, 04 Jul 2009 21:43:59 +0000

Nortel once managed to the modest “Everybody Wants to Rule the World” on their VHS tapes commemerating the grand opening of an ENMC in Texas.
The song was in the charts longer than the NOC was active.

Comment on Nokia Siemens Plays Nice with Canada by scalppeeler

scalppeeler — Sat, 04 Jul 2009 21:00:28 +0000

You have not been reading press releases or listening to what Nortel employees that are being transferred already know.
Yes they will keep their seniority.
If you have 10 years at Nortel, you start with 10 years at NSN.
And yes, if you are laid off after the transfer you would get the same severance current laid off NSN people get it.
It really is that simple.
This has already been communicated.

Comment on A Bid to Save Nortel? by NTInfidel

NTInfidel — Sat, 04 Jul 2009 18:34:21 +0000

Anyone who thinks a vultue capital group would be better for employees than an established player like NSN is smoking some seriously strong stuff.

We have already had one Vulture named Mike, we don't need more Vultures from MatlinPatterson. There is no hope for employees with Vultures in charge. There would only be a continuation of the hollowing out that Mike Z has been working at. Mike Z has already been doing what Vulture firms do.

Emerging from creditor protection is a pipe dream at this point. It is much better to let the creative destruction portion out viable pieces to viable companies than dream of resurrecting this corpse.

A strong company like NSN can take on one weakened pieces of Nortel and nurture it back to health.

But the gravely ill pieces of Nortel can not support each other even with new cash infusion, it would just be pouring money down the drain and prolonging the death march of employees, though I am sure it would immediately result in the flight of more key individuals.

Comment on Talking about Nortel on BNN by broadbandbill

broadbandbill — Sat, 04 Jul 2009 18:10:23 +0000

Mark,

Nice job!..–bb

Comment on Nokia Siemens Plays Nice with Canada by freqmgr

freqmgr — Sat, 04 Jul 2009 18:08:15 +0000

If they keep CDMA R&D it seems more likely that would be in the US. The biggest Canadian users have already announced that they are changing/evolving their networks away from CDMA.

Comment on A Bid to Save Nortel? by ChaiTea

ChaiTea — Sat, 04 Jul 2009 17:42:59 +0000

>They don't care about employees or the Nortel name

Doesn't the Canadian government have a say in the sale? I thought the previous press releases seem to imply that any deal will also have to be blessed by the Canadian government. If this is true, then they may be forced to play fair (atleast for some initial period).