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Given Nortel’s slow march into the abyss, a lot of people might have forgotten about Frank Dunn, the ex-CEO who was abruptly fired five years ago amid allegations of an accounting scandal.
Since then, Dunn has been involved in litigation after being...
Nokia Siemens Networks’ efforts to win public support for its $650-million bid for Nortel’s CDMA wireless business and LTE R&D unit went on the offensive yesterday when NSN CFO Luca Maestri told a press conference in Toronto that the company not only...
Nortel may be trying to sell its LTE R&D unit to Nokia Siemens but there’s a lot of chatter about what’s not part of the deal: some LTE patents.
The talk was triggered by a recent estimate from JP Morgan Chase analyst Ehud Gelblum could be worth as...
Is there hope for Nortel to continue as a standalone company without going through a firesale of all its best assets?
The Ottawa Citizen reports that MatlinPatterson Global Advisors, a $9-billion private equity investor, may be interested in bidding...
It looks John McHugh, VP, enterprise data solutions with Nortel’s enterprise business, looks to be getting his ducks lined for a new employer amid rumors the business could soon be sold to Avaya for $500-million.
In an interesting interview with...