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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: zbyslaw owczarczyk who wrote (9927)2/18/2001 11:44:03 AM
From: elmatador  Respond to of 14638
 
See my "Cool Posting of the Day". Aren't going to congratulate me for this one, too?

Message 15362454



To: zbyslaw owczarczyk who wrote (9927)2/18/2001 11:47:17 AM
From: elmatador  Respond to of 14638
 
"Nortel blamed the slowdown on several factors, including:
• Deferred spending by U.S. carriers until at least the fourth quarter.

• Carriers willing to run equipment at above-normal capacity instead of adding more hardware.

• Delay of next-generation wireless installations to 2002."

I am translating that into:
Carriers stopped investing in fixed line infrastructure.