A Nortel-Alcatel Asset Swap?

If you believe in the adage “where there is smoke, there is fire”, LightReading reports there could be a deal on the horizon that could see Nortel swap its $2-billion GSM business for Alcatel-Lucent’s $1.2-billion PBX unit and possibly other assets such as cash and/or an enterprise-related unit. Lightreading suggests the deal makes sense because Nortel only has 7% of the GSM market – far below the 20% benchmark that Nortel CEO Mike Zafirovski wants each business unit to possess. If Alcatel got hold of Nortel’s GSM unit, it would have 17% to 18% market share, while Nortel would get a leading position in the European IP PBX market. Stay tuned.

Technorati Tags: , ,

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: