|
Get the ICT news from C114 delivered to your inbox everyday.
TOP 20 SEARCH TERMS CURRENTLY ON C114
4 Huawei 5 ZTE 6 Cisco 7 Ericsson 10 Nortel 11 TD-SCDMA 12 Nokia 13 Motorola 14 Samsung 15 Utstarcom 16 ASB 17 MediaTek 18 WiMmax 19 WCDMA 20 CDMA |
Huawei Seen as Likely Nortel Suitor
Updated:2008/9/27 14:48
Carrier Ethernet World Congress -- Here's the question that's on everyone's lips here in Berlin: Who might try to buy Nortel Networks Ltd. 's carrier Ethernet and optical business? To recap quickly, Nortel announced last week that it's looking to offload its Metro Ethernet Networks (MEN) business, which houses its optical and carrier Ethernet products. At the same time it reviewed its 4G wireless strategy and announced a profits warning. Nortel wants a cash deal for MEN, but won't say if it is already engaged with any potential buyers. It's also unclear what sort of price the business unit, which is on course to generate between $1.5 billion and $2 billion in revenues this year, might carry. Here in Berlin, the range of estimates (from those brave enough to guess) is anything from $250 million to $2 billion. There's also talk here in Berlin that two companies -- Ericsson AB and Huawei Technologies Co. Ltd. -- have instructed their bankers to check out the details of the proposed sale, though neither company is prepared to comment on any speculation regarding any potential move for the Nortel division. With the topic attracting much gossip and speculation, Light Reading conducted a basic face-to-face verbal survey of carrier Ethernet industry executives to find out who they think might be interested in Nortel's optical and carrier Ethernet business. We approached more than 50 individuals, of whom 44 provided an answer, with some providing more than one suggestion. No options were offered to respondents –- they had to come up with their suggestions themselves. Most of our respondents took the question seriously, some less so -- hence the inclusion of Wal-Mart among the responses. The results of this somewhat unscientific survey? Well, Huawei was, by a clear margin, the company suggested the most, a choice that, in Light Reading's view, makes sense. But other big names also received multiple votes, particularly Cisco Systems Inc., with a number of survey respondents (all of whom were guaranteed anonymity) suggesting that the IP giant might be interested in Nortel's well regarded optical assets. Other suggestions made by multiple respondents include Ericsson, private equity (specifically from the Middle East), and, second only to Huawei, "no one." Interesting suggestions that received only one or two mentions from respondents include Google, the Canadian government (a somewhat topical response!), and Infinera Corp. Check out the full results in the table below, and, of course, we encourage any further suggestions or comments on the message board at the foot of this page.
Source:lightreading ,Huawei Honors Bookham With Excellent Core Partner Award (2008-11-14) ,IT industry top 100 list released, Huawei leads (2008-11-13) ,Huawei to Replace Base Stations for T-Mobile Czech (2008-11-12) ,UTL,Huawei Sign Sh18 Billion Agreement (2008-11-12) ,Huawei to launch Android phone (2008-11-11) ,Huawei pushes fixed-mobile convergence (2008-11-11) ,Huawei to make Symbian, Android smartphones in 2009 (2008-11-10) ,Huawei Android and Symbian smartphones coming next year (2008-11-10) ,Huawei exhibits innovative mobile broadband solutions (2008-11-7) ,Huawei Chosen to Deploy Czech 3G Network for Telefonica O2 (2008-11-7) ,Telef┏nica taps Huawei for 40Gbit/s transmission network (2008-11-6) ,Huawei launches professional service centre in Jordan (2008-11-5) ,Huawei's Ever-Expansion Strategy May Hit a Wall, or Not (2008-11-3) ,Huawei to expand Uganda Telecom's Next Generation Network (2008-10-31) ,Huawei 'to make $2bn in Africa' (2008-10-30) ,Telefonica O2 CR contracts Huawei for 3G expansion (2008-10-30) ,Huawei and ZTE take advantage of operators¨ cost squeeze (2008-10-30) ,Huawei eyes African talent (2008-10-29) ,Huawei, ZTE Won Most Base Station Contracts (2008-10-29) ,Huawei Overtakes Cisco (2008-10-29) |
Latest News
,China Telecom and Microsoft sign cooperation agreement ,New China Unicom Handset Subsidiary: Development Status ,Ericsson Gets 5% Of China Mobile Deal, Expected 10% ,Nokia Siemens Networks Helps Jiangsu Mobile Strengthen IP Network Security ,Sprint ordered to sell Nextel assets in competing iPCS territory ,HTC Debuts World`s First WiMAX-GSM Phone in Russia ,Telefonica 9-mth net in line, down on one-offs ,ZTE Rolls Out Prototype of 10G EPON Equipment ,Huawei Honors Bookham With Excellent Core Partner Award ,DoCoMo, Tata open offer for TTML at 24.7 rupees Hot News Review
,The possible impact of the global financial crisis on China's telecom industry ,3rd Round TD-SCDMA Construction to Cover 162 Cities ,China Unicom Constructs WCDMA Networks in 7 Cities ,Alcatel-Lucent: Verwaayen's plan ,ZTE and Datang Mobile secure major shares in China Mobile second-round TD-SCDMA equipment tender ,China Mobile Upgrades GSM in Preparation for TD-SCDMA ,Nortel Wins Chinese CDMA Expansion Contract ,China Top 3 Telecoms Carriers See Declining Profit Growths ,Hands on with China's TD-SCDMA 3G ,Chinese Telcos Laying Groundwork for 3G ,Freescale Technology Helps Switch On TD-SCDMA Networks in China |