briand, Tick, tick tick."One flew over the Cuckoo's nest".
1st of a series?
Nortel Gets $400 Million Cable & Wireless Deal
To reiterate:
How soon buyers turn to NN or other vendors to upgrade their networks is
highly dependent on how soon
a) how soon LU/WCOM come up with an explanation, and
b) how plausible the explanation is: ( Husband:honey I got stuck on the freeway; it was " very congested". ).
( Wife: but honey, you left work 10 days ago!!!! )
This type of explanation will not cut it.
This was a LONG blackout. Impossible to simply forgive and forget,
Tick, tick, tick,
TA
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dailynews.yahoo.com
Nortel Gets $400 Million Cable & Wireless Deal
Thursday August 19 6:03 PM ET
TORONTO (Reuters) - Nortel Networks Corp. (NYSE:NT - news) said Thursday it had been picked as exclusive systems integrator and prime contractor for a
billion-dollar global network expansion by Cable & Wireless Plc.
Nortel, a communications equipment maker based in Brampton, Ontario, said the deal with Britain's Cable & Wireless is worth $400 million.
The contract spans two years, a Nortel official said.
Telecommunications concern Cable & Wireless plans to begin expanding in Europe by providing high-speed communications services to more than 40 cities in 13 nations.
Nortel, which makes equipment to push data, voice and video over the same line, will deliver and manage an Internet network.
The global telecommunications industry has undergone rapid change since the arrival of the World Wide Web, with companies fighting to increase service to meet burgeoning demand.
Canada's Nortel has undertaken a three-year reorganization, aiming to focus on its Internet services in hopes of carving out a major slice of the surging market.
The news was unveiled before North American markets opened. Nortel shares finished up 20 cents Canadian at C$65 on the Toronto Stock Exchange. In composite trading on the New
York Stock Exchange, they slipped 1-1/16 to 86.
The stock was taken down in New York by a general malaise that hit North America's high-technology issues Thursday, an analyst noted. ``Everything is getting killed,' said Jim
Parmelee, at Credit Suisse First Boston in New York. ``I think it's more of an industry effect.'
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No briand, you didn't read my post. The post says that WCOM&Lu blacked out 15-30% of their customers for 10 days.
I ask: Is that it?
I guess you answered: Yes.
I am looking forward to the explanation.
Whether somebody goes to NN for further buys
will be highly dependant on
a) how soon they come up with an explanation, and
b) how plausible it is ( " honey I got stuck on the freeway won't do ).
You are on briand. I am starting the clock,
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