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Technology Stocks : Nortel Networks (NT)

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To: larry pollock who wrote (10596)5/3/2001 6:48:02 PM
From: zbyslaw owczarczyk  Read Replies (1) of 14638
 
Larry , re: NT/DSL
zo, so you are going on record that NT will not try to unload their DSL equipment?
no, what I said that NT spend 780 million to aquired:
Nortel Networks to Acquire Promatory for up to US$778 Million,
Extending High-Speed Internet Access Capabilities

nortelnetworks.com
claiming that it will lead in VDSL,SDSL (already deployed by former Newbridge and ADSL dominated by Alcatel.

The reality is that even CSCO decided to exit part of DSL market, b/c ALA and to same extend Siemens are grabbing
all amrket shares.
For the same reason NT will exit this market, which is the fastest gorwing part of the market right now and for the next severl years.

ZO
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