Nortel Networks: A History of Failure [View article]
Nortel is the reason I am completely out of tech stocks and invested in "safer" things like oil and gas.
This is a loser company with no future. Just look at all the market segments they are involved in:
1) Enterprise & Data Networks: The took a company (Bay Networks) with a 15% market share and decimated it completely in 1999. Cisco rules this market segment and always will.
2) Optical: They are betting the future on 40g and 100g equipment. How many units do you think they will sell, before the Chinese (aka Huawei and ZTE) take over and commoditize this market segment entirely like the did for OC48 and OC192 equipment ?
3) Broadband: They missed the boat on this one completely. They sell off the broadband division in 2001 and bet the future on optical equipment. They have no broadband products; a market segment with hundreds of millions users. Cisco (via Scientific Atlanta), Alcatel-Lucent and Nokia-Siemens all have a major presence in broadband.
4) Wireless: They guys are still manufacturing CDMA equipment. The world has moved to GSM and LTE.
The future of high tech is wireless and broadband. Nortel is not a major player in either market segment.
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Nortel is the reason I am completely out of tech stocks and invested in "safer" things like oil and gas.
Aug 06 12:45 pm
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All Comments by longoil »Nortel Networks: A History of Failure [View article]
This is a loser company with no future.
Just look at all the market segments they are involved in:
1) Enterprise & Data Networks: The took a company (Bay Networks) with a 15% market share and decimated it completely in 1999. Cisco rules this market segment and always will.
2) Optical: They are betting the future on 40g and 100g equipment. How many units do you think they will sell, before the Chinese (aka Huawei and ZTE) take over and commoditize this market segment entirely like the did for OC48 and OC192 equipment ?
3) Broadband: They missed the boat on this one completely. They sell off the broadband division in 2001 and bet the future on optical equipment. They have no broadband products; a market segment with hundreds of millions users. Cisco (via Scientific Atlanta), Alcatel-Lucent and Nokia-Siemens all have a major presence in broadband.
4) Wireless: They guys are still manufacturing CDMA equipment.
The world has moved to GSM and LTE.
The future of high tech is wireless and broadband. Nortel is not a major player in either market segment.