Assuming the speculation is accurate that Nortel is intent on selling its enterprise and wireless businesses, what’s the New Nortel going to be.
Clearly, it will be significantly smaller with about $3-billion in revenue, let’s say 5,000 to 10,000 employees, and perhaps profitable. In terms of what it sells, Nortel [...] Continue Reading…




Ciena Interested in MEN?
According to Bloomberg, Ciena Corp. could be interested in buying Nortel’s Metro Ethernet network business to enhance its fiber-optic network business.
Analysts believe MEN is worth about $300-million, a far cry from the $1-billion to $1.5-billion that Nortel thought it was originally going to attract.
“They need to get bigger or [...] Continue Reading…