Tag Archives: Canada

Parliamentary Committee to Hold Emergency Hearing

By Mark Evans | Published: August 5, 2009
You just have to love the sense of political urgency swirling around Ottawa these days over the future of Nortel. After ignoring the company’s struggles, including a declaration in mid-June that all of its assets were on the block, the politicos are suddenly alive with the cause. Bloomberg reports that a Canadian Parliamentary committee will [...]
Posted in M&A, Wireless | Also tagged , , , , | 54 Comments

Is the End of Nortel Premature?

By Mark Evans | Published: August 3, 2009
Six weeks ago (June 19 to be exact), Nortel issued a press release about the proposed sale of its CDMA wireless business and LTE R&D unit to Nokia Siemens. While that was major news, the more significant development was Nortel disclosing that “it is advancing in its discussions with external parties to sell its other [...]
Posted in Financials | Also tagged , , , | 35 Comments

Protecting Nortel’s Future

By Mark Evans | Published: July 30, 2009
Have to say the Ottawa Citizen continues to lead the way when it comes to Nortel coverage. Today, James Bagnell has an opinion piece looking at why it’s important for strong players to acquire Nortel’s assets – something that would protect the technology that Nortel has developed over the year, and, as important, give Nortel’s [...]
Posted in Financials | Also tagged , , | 23 Comments

Nortel: RIP?

By Mark Evans | Published: July 30, 2009
A good article by Andrew Wahl in the latest issue of Canadian Business about the demise of Nortel, and how a recent meeting of business people hosted by Federal Industry Minister Tony Clement to talk about the future of Canada’s high-tech economy saw little talk about the country’s flagship high-tech company.
Posted in General | Also tagged , | 17 Comments

A Case for Staying on the Sidelines

By Mark Evans | Published: July 29, 2009
The National Post’s John Ivison has a good blog post looking at why it makes little sense for the Canadian government to stop the sale of Nortel’s CDMA and LTE R&D unit to Ericsson. Here’s a short excerpt: There have been suggestions that, since the government bailed out GM and Chrysler, it should intervene to [...]
Posted in Financials | Also tagged , , , | 20 Comments

Nortel: We Still Own the LTE Patents

By Mark Evans | Published: July 28, 2009
If there was any uncertainty, Nortel made it clear that it is not – repeat not – selling any of its LTE patents under the planned sale of wireless assets to Ericsson. (Update: Two courts have approved Ericsson’s $1.13-billion offer, according to the Globe & Mail.) The Wall St. Journal reports that Nortel lawyer Derrick [...]
Posted in Financials, Wireless | Also tagged , , , , | 52 Comments
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