As the Empire Crumbles, Nortel Carries On

Oct.26.09 | About: Nortel Networks (NRTLQ)

In many respects, it must be very strange for Nortel (OTC:NRTLQ) employees to keep doing their jobs while the company’s different assets are being sold. I mean, how motivated or excited can you be when your employer is crumbling and the CEO has gone running off into the hills?

This take on the world struck me when hearing about Nortel’s presence at SUPERCOMM last week in Chicago in which Nortel aggressively waved the flag about some new products. It has to be an odd feeling to be manning the Nortel booth at a time when everyone knows Nortel is not going to exist for much longer. I suspect that if Nortel was handing out swag, it had to be considered as collector’s items.

In any event, the reality is that after Nortel disappears, its carrier and VOIP businesses will carry on with new owners, and that its employees will continue to do what they’re doing but, hopefully, with a more stable employer.

For more on Nortel’s activities at SUPERCOMM, here’s an article from Xchange magazine.