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Asia service providers name Nortel Optical Vendor of the Year
By Bo Gowan, Dec 09, 2008, 12:50 PM EST


There's another industry recognition of Nortel's optical technology leadership to talk about with today's news that Nortel has been named Optical Network Vendor of the Year in the Telecom Asia Readers' Choice Awards.

 

The nice thing about this award is the fact that it represents a recognition across a broad base of the industry. First, Nortel had to make the finalist list through a nomination process that included 78 analysts, consultants and high-level telco executives. Then winners were chosen by Telecom Asia's online subscriber base of Asia service providers.

 

Nortel's optical business is making a habit of winning awards and recognition. Just last week analyst firm Ovum issued a new report on the 40/100gig market that singled out Nortel's leadership and even included a service provider quote that said "Nortel’s optical performance is head and shoulders above the others."

 

Questex Group Publisher Jonathan Bigelow (left) presents the award to Nortel's Matthew Wray.This also isn't the first time service providers have rated Nortel tops in optical. A recent Infonetics survey of 29 service providers worldwide ranked Nortel first for our packet optical technology and product roadmap.

 

While Telecom Asia has been giving Reader's Choice awards to Asia service providers for 11 years, this is the first year that equipment vendors were included. "The best way to judge the companies offering the most relevant services is to ask their customers, who are our readers," said Joseph Waring, group editor of Telecom Asia in the press release.

 

One interesting tid-bit that came out of the Nortel press release was this fact -- Nortel already has "over 35 contracts for the 40gig - including nine in Asia."


Tags: industry-news, optical-men, 40gig, optical, 100gig, nortel-news, apca, customers

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Comments:

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This kind of PR (found today on thestreet.com) is not exactly what a worn down Nortel investor is looking forward to see:

 

"Nortel Seeks Advice on Bankruptcy: Report

 

Nortel Networks has sought legal counsel to explore bankruptcy-court protection from creditors in the event that its restructuring plan fails, the Wall Street Journal reports, citing people familiar with the situation"

 

Could you please expand on this...is this based upon rumors or is it factual? What does it mean for the company’s view of the future? If it’s not indicating further crisis, what will you do to counter the negativity this news creates?

 

Best Regards

 

Torben

 

-Torben



Dec 10, 2008 6:08 AM by guest


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I agree...NT better put some color on this asap.

 

-bay



Dec 10, 2008 10:29 AM by guest


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Bo,

 

Do you know if Nortel is going to issue some kind of PR on this WSJ article?

 

also thanks for your info the other day

 

-Bill Stock



Dec 10, 2008 11:04 AM by guest


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I know this morning’s WSJ article is top of mind for everyone. I’m working on getting a response and comment up ASAP.

 

-Bo Gowan



Dec 10, 2008 11:12 AM by guest


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Bo,

 

I will be looking forward to your response.

 

I’ve said it before and I will say it again: in a crisis situation you need to control your environment and especially the information flow. Nortel is doing a particularly bad job at this. If this new bankruptcy rumor leaked, you didn’t restrict or control the internal information flow properly. If the source is Nortel’s management and the information has been spread intentionally, you need to have smart answers right at hand and the information must be delivered much more intelligently. In any case, you need to release an official press release declining any speculation about bankruptcy (unless this is what we are up for). This is shameful - again!

 

Best Regards

 

Torben

 

-Torben



Dec 10, 2008 12:37 PM by guest


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Torben,

 

JDS Uniphase made a presentation at Barclay’s Global Technology Conference late yesterday. During the Q & A, a questioner asked JDSU’s presenter about the broadband outlook with "essentially the death of Nortel."

 

The present is still available.

 

-LARRY



Dec 10, 2008 1:28 PM by guest


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Larry,

 

I never stop getting surprised with how poorly managed Nortel seemingly is. It’s like the management willingly is digging its own grave. If it’s intentional or just plain stupidity (sorry for the hard judgment but I can’t find better word to describe it) I’m still not quite able to figure out...although I have my suspicion :) That there is still no official response denying the bankruptcy rumors is totally unacceptable and unbelievable.

 

-Torben



Dec 10, 2008 1:59 PM by guest


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Torben, Nortel is still scheduled to present this afternoon at Barclay’s Technology Conference at 2:30pm eastern.

 

The following are my postings to Phil Edholm’s 11/20/08 "Talking About Networking" section-

 

In your current posting, and in the November 10 posting, you use the following phrases-“we need to drive forward,” “Nortel is moving forward,” “continue driving strategy,” “we need to build on the momentum.”

 

How do you, or anyone in a senior Nortel position, expect to have any believability with your pep-talk statements with a back-drop of a stock price under $1, CDN and US? Our stock price closed at $0.475 on the TSE, and on the NYSE our stock price closed at $0.37. The investment world is pricing the stock as if Nortel already does not exist. I listened to a replay of Joel Hackney’s recent analyst presentation. During his presentation he spoke about Nortel gaining market share in the enterprise area, but our stock price continues to fall. Yesterday, November 24, when most major markets surged, our stock fell $0.02 on the TSE, but, due to some miracle, the stock price was up a paltry $0.01 on the NYSE.

 

On December 3, Nortel’s chief strategy officer is scheduled to make a presentation at a Credit Suisse conference. What will our stock price be by the day of his presentation? Pavi Binning was scheduled to make a presentation on November 18, but his presentation was canceled, and I do not believe that the cancellation helped from a public relations point of view. On the other hand, maybe it was a signal that Nortel’s situation is more desperate than what management stated during on November 10 during the quarterly conference call.

 

I cannot imagine what George Riedel will tell his audience on December 3. I cannot even imagine how he might be able to generate any confidence in Nortel’s ability to survive. George Riedel is the chief strategy officer, correct? To me, George Riedel’s presentation, if it is not cancelled, will be a last chance opportunity for Nortel Networks, its shareholders, and its employees. If Nortel receives some type of cash infusion from the Canadian government in order to survive, then ordinary shareholders will no longer exist.

 

November 25th, 2008 at 5:48 pm by LAWRENCE POLLOCK

 

I see that George Riedel, who was originally scheduled as a presenter at the Credit Suisse conference, has been replaced as a presenter by Daniel Locklear.

 

December 1st, 2008 at 7:46 pm by LAWRENCE POLLOCK

 

-LARRY



Dec 10, 2008 2:12 PM by guest


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Torben - I just posted on the WSJ story. http://tinyurl.com/58sybq

 

-Bo Gowan



Dec 10, 2008 2:16 PM by guest


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Samih Elhage finished his presentation. The host started out with the qualifying statement that any questions related to the WSJ article were to restricted to the break-out session.

 

Samih Elhage did state that Nortel has made significant progress toward the transformation plan.

 

Who believes that claim with the backdrop of the WSJ article and a stock price that is factoring in Nortel’s demise?

 

-LARRY



Dec 10, 2008 3:11 PM by guest


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