Tag Archives: Wireless

A Sad Tale from Mexico

When Ericsson purchased Nortel’s CDMA business last month, Nortel employees in Mexico were excited about a new owner arriving on the scene to provide some much-needed stability and direction. Unfortunately, the future of the Mexican operations and its 130 employees is still uncertain. Below is a guest post from Mexican employee about the situation: On [...]
Posted in General, Wireless | Also tagged , , , | 70 Comments

Surprise, Nortel’s Still Innovating

Lost in the shuffle of Nortel’s struggles to survive and its sad stumble into bankruptcy protection is the fact there’s still a lot of smart people creating innovative technology – something that has been overshadowed for a long time. A good example is an announcement earlier this week that Nortel has come up with technology [...]
Posted in General | Also tagged , , | 17 Comments

Alert: An Interview with Mike Z.

Now before anyone gets too excited that Nortel CEO Mike Zafirovski did an interview with ANN, l should point out he spoke with the Globe & Mail’s Gord Pitts. Kudos to Pitts for getting an interview with Zafirovski, who has maintained an extremely low profile since Nortel filed for bankruptcy protection in January. Other than [...]
Posted in Executive Suite, Financials | Also tagged , , , | 38 Comments

Parliamentary Committee to Hold Emergency Hearing

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

A Case for Staying on the Sidelines

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

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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