Nortel could be edging closer to selling or spinning off its UMTS access business in light of some recent organizational changes. In a mini-report, UBS Securities said the company’s GSM and UMTS access businesses have been separated. As well, the vice-president and general managers for Nortel’s WiMax and converged core networks units have “moved on” (fired, reassigned?). UBS expects Nortel’s sales this year to rise 7.9% vs. guidance of high single-digit growth. However, the investment firm said the business landscape is “challenging and there is downside risk to our estimates”. Network World’s Jim Duffy offers his take here.
UMTS Unit on the Block?