Nortel Quotes

I think you`ll know Nortel as more a software company than a hardware company,

It makes you wonder what really went down with ex-COO Gary Daichendt, who apparently quit in May because he wanted to be CEO but Owens and/or the board showed no sign it was going to happen any time soon. In a nutshell, Owens` departure -- was he fired, pushed or did he resign? -- is another one step forward, two steps back move for Nortel, which has now had three CEOs in the past 18 months.

Nortel and its channel make more money on the upkeep of existing PBX customers than they do on selling new switches, so they hardly want to walk away from the old infrastructure ... That`s why most of the people who are pushing convergence are on the IP side.