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October 12, 2009  4:38 PM

Nortel’s Zafirovski wants his golden parachute



Posted by: Shamus McGillicuddy
bankruptcy, Nortel

Many, many Nortel retirees are in danger of losing their retirement benefits and severance payments as Nortel slowly slides into oblivion. Some of them would certainly face true financial hardships if this were to happen. Given the salary he has drawn over the last four years, former CEO Mike...

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September 18, 2009  8:47 PM

Nortel Auction: Siemens was edged out by a $15 million nose



Posted by: Shamus McGillicuddy
Avaya, bankruptcy, Nortel, Siemens Enterprise Networks, Unified Communications

Toronto's The Globe and Mail newspaper reported today that Siemens Enterprise Communications fell just $15 million short of beating out Avaya for Nortel's enteprise...

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June 25, 2009  4:25 PM

Nortel enterprise business set to go to Avaya for $500 million?



Posted by: Shamus McGillicuddy
Avaya, bankruptcy, Nortel, Unified Communications

According to the Canadian newspaper The Globe and Mail, Nortel is close to selling its enterprise unit for $500 million. The paper says Avaya is the leading bidder, but Siemens-Enterasys could...

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June 22, 2009  3:32 PM

Nortel auction: Avaya or Siemens-Enterasys will bid for UC business



Posted by: Shamus McGillicuddy
Avaya, bankruptcy, Nortel, Siemens, Siemens Enterprise Networks, Unified Communications

Nortel is breaking apart. The former crown jewel of Canada's high-tech industry revealed today that it will sell off its CDMA and LTE wireless telecom infrastructure division to Nokia Siemens Networks (NSN) for $650 million....

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June 1, 2009  8:48 PM

Retired Nortel executives look to buy company out of bankruptcy



Posted by: Shamus McGillicuddy
Avaya, bankruptcy, Enterasys, Nortel, Siemens

Reports out of Canada say that a team of former Nortel executives hope to raise money in order to buy the company out of bankruptcy and keep it more or less intact and under Canadian ownership.  Former Nortel...

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May 4, 2009  5:18 PM

Nortel channels Guns & Roses: Just a little patience



Posted by: Shamus McGillicuddy
bankruptcy, Nortel

The executives of Nortel have been walkin' the streets at night Just trying to get this bankruptcy right. It's hard to see the future with Cisco and Avaya around You know they don't like being stuck in that crowd Customers think this waiting is...

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April 7, 2009  5:54 PM

Nortel employees respond to VoiceCon coverage



Posted by: Shamus McGillicuddy
bankruptcy, Nortel, voicecon

Last week I wrote a story about a special VoiceCon session for Nortel customers, entitled "I'm a Nortel Customer. What do I do now?" It was one of the more widely read articles I've...

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