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Monthly Archives: September 2004
Can Owens Save Nortel?
When Nortel Networks Corp. fired three senior executives in April, including CEO Frank Dunn, it was supposed to be the start of a much-needed healing process.
Instead, Nortel finds itself with a board under pressure from institutional investors; rivals that appear to be stealing market share; an accounting scandal showing no sign of going away; and [...]
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Nortel's Board Overhaul
According to the National Post, there is mounting pressure for Nortel to dramatically overhaul its 11-member board. Essentially, it comes down to presssure from large institutional shareholders who want to turf the company's longer-sitting directors – many of whom (surprise, surprise!) have little or no experience in the telecommunications sector. Clearly, Nortel's board has done [...]
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Cisco's IP Progress
Cisco Systems racked up an eye-catching contract today with a deal to sell 180,000 IP phones to Bank of America - replacing traditional phones in 5,800 offices and branches in 29 states. Cisco, which ranked second behind Avaya Inc. in the US$726-million IP phone business last quarter according to the Synergy Group, said it has [...]
RIM's on a Roll
Anyone looking for Research in Motion to stumble – at least in the short term – will likey be disappointed when the company reports its fiscal second-quarter results this week. According to Merrill Lynch, RIM should post revenue of US$305 million, 13% higher than the first quarter and a 143% increase from a year ago. [...]
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VOIP: To Regulate or Not
The future of Internet telephony in Canada has reached an important juncture with three days of hearings before the Canadian Radio-television and Telecommunications Commission. Among the participants making presentations are Bell, Telus, Vonage, Call-Net and Primus. In a preliminary decision earlier this year, the CRTC made it clear that it is leaning towards a regulatory [...]






Vonage Drops its Prices…Again