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UBS on a Nortel-Alcatel Asset Swap

Started by Mark Evans · 7 months ago

Amid speculation Nortel and Alcatel could do an asset swap (Nortel’s GSM business to Alcatel; Alcatel’s enterprise unit to Nortel), UBS analyst Nikos Theodosopoulos said in a report that while the deal reflects the growing belief Nortel will de-emphasize wireless in favor of the enterprise market, it’s unclear how a deal would be structured. [...] ... Continue reading »

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