Monthly Archives: June 2004

Nortel: Closer to the Truth?

By Mark Evans | Published: June 30, 2004
It looks like we'll get a much better picture of Nortel's financial health in a couple months. The company said yesterday it will be able to release its 2003 and 2004 first and second-quarter numbers by the end of August, as well as updates on how much its financial statements will be affected after an [...]
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CRTC's future

By Mark Evans | Published: June 29, 2004
In the wake of Canada's federal election, the folks at the Canadian Radio-television and Telecommunications Commission must be relieved the Conservative Party came up disappointingly short of seats. If the Conservatives had won the most seats in the House of Parliament, they would have gutted the CRTC, while introducing more U.S. programming and allowing U.S. [...]
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Mitel Networks: Terry Matthews Next Success Story?

By Mark Evans | Published: June 26, 2004
Mitel Networks filed a 6-K earlier this week with the U.S. Securities and Exchange Commission with some interesting numbers. While revenue dropped 15% in the year ended April 30, 2004 to $461-million,a growing amount of the company's sales are coming from IP equipment rather than older PBX technology. To a large extent, Mitel's success depends [...]
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Telus-Microcell

By Mark Evans | Published: June 22, 2004
So what does Darren Entwistle do today about Microcell, which refuses to play nice with Telus' hostile $1.1 billion takeover offer. A likely scenario is Telus maintains its $29 a share bid, thereby forcing Microcell's hand. Microcell would then have to search for a white knight or begrudgingly accept Telus' entreaties. The wildcard could be [...]
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2004 Canadian Telecom Summit

By Mark Evans | Published: June 21, 2004
The 2004 Canadian Telecom Summit lived up to lofty expectations as the who's who gathered in Toronto last week at a time when the industry is poised to go through massive changes. The highlight was Cisco's John Chambers' statement his company would be interested in a partnership with Nortel. It is tough to tell whether [...]
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Ex-Nortel Execs Hung out to Dry

By Mark Evans | Published: June 17, 2004
By Mark Evans National Post, June 17, 2004 It was nice to see Bill Owens, Nortel Networks Corp.'s newly minted chief executive, give a keynote speech yesterday at the 2004 Canadian Telecom Summit in Toronto. Given Nortel's accounting, regulatory and, possibly, criminal woes, Mr. Owens deserves credit for stepping up the plate to talk publicly about one [...]
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