DISQUS

All About Nortel: Nortel May Dump Sasken Stake

  • micon · 1 year ago
    BT Reconsiders PBT Plans



    BT Group plc (NYSE: BT - message board; London: BTA), to date the most committed supporter of Provider Backbone Transport (PBT), is having second thoughts about how widely deployed the controversial Ethernet technology might be in its 21CN next-generation network.
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    If that is the outcome, it would be disappointing news for Nortel, PBT's chief tub-thumper, and a relief for the trio of MPLS equipment vendors involved in 21CN -- Alcatel-Lucent (NYSE: ALU - message board), Cisco Systems Inc. (Nasdaq: CSCO - message board), and Juniper Networks Inc. (Nasdaq: JNPR - message board) -- which, to varying degrees, have been campaigning against PBT for the past two years. (See AlcaLu's Alwan: PBT Will Lose Its Shine , AlcaLu: PBT Is Peripheral, and Vendors Clash Over PBT.)

    http://www.lightreading.com/document.asp?doc_id...
  • Another Nortel Watcher · 1 year ago
    Flip...flop...flip...flop.
  • ex-nortel · 1 year ago
    Obviously they are going to need the cash generated by the sale of their Sasken share to pay for the 2008 management bonuses.