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- That is completely naive. Firing the top two layers of executives might be attractive punishment for those who put up with them, but it would throw the remains deeper into chaos and would not...
- BT will get the stuff from Cisco instead. Nortel helped Cisco get going in voice, firing some of the best in the business, who promptly went down the road. Cisco snapped them up. Right from the top...
- I think your right... http://en.wikipedia.org/wiki/List_of_Canadian_political_scandals At least you guys have Celine Dion to ease the pain.
- It's not because of the name, but yes, I think under the right circumstances Nortel could still turn around. It would likely begin a new life as the top of the tier-2 players instead of a...
- I think you're asking if I'm a current employee. Yes, I am. I work in the tower in Richardson. As proof, last week an e-mail was sent out stating that the fire alarm system in the tower...
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Nortel has closed its $2-billion senior notes offering with a three-tranche deal: $450 million of notes due 2016,S$550 million of notes due in 2013, and $1-billion of floating notes due in 2011. Nortel expects to use $1.3 billion to prepay a US$1.3 billion one-year credit facility that it did in February. The rest will be [...]
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