NT-t...in the news:
Connex Deploys Nortel Networks Packetized Voice, Data Transport Network in Romania; Builds Foundation for Future Delivery of 3G Wireless Services; Reduces Capex, Opex
fin-info.com
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Globe says Nortel deal would bring on many changes
The Globe and Mail reports in its Saturday, March 23, edition that CIBC
World Markets analyst Steve Kamman says Nortel Networks' move to combine
its wireless network equipment operation with Motorola's will spur
competitors to follow suit. The Globe's Simon Tuck writes that United
States magazine BusinessWeek said last week the telecommunications giants
are exploring a variety of options, including the possibility that Nortel's
$5.7-billion (U.S.) wireless unit will buy Motorola's wireless division and
the combined company would then spin out the new operation as an
independent company. If they reach a deal, analysts say other second-tier
rivals, such as Siemens, Alcatel and Lucent Technologies, are the most
likely to react with new partnerships. Lucent and Alcatel came close last
year to merging their companies but pulled away at the last moment. An
anonymous analyst says Nortel and Siemens would be a better technological
fit. Telefonaktiebolaget LM Ericsson and Nokia are seen as less likely to
form new partnerships. An unnamed analyst believes because Nortel and
Motorola are big money losers, a combination would only create a bigger
problem. |
