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<p>[QUOTE=&quot;fatima, post: 1282892, member: 22143&quot;]Can&#039;t support many suppliers?!.......&nbsp;&nbsp; <u>This is a huge market.</u>&nbsp; We are talking about last mile Internet infrastructure which has few suppliers and explosive growth. This is Nortel&#039;s market.&nbsp; What is the worldwide demand for high speed internet?&nbsp; I&#039;d say there is room for plenty of suppliers here. Verizon has barely made a dent in FIOS, AT&amp;T is just getting started with Uverse, and it&#039;s the same elsewhere.&nbsp;&nbsp; </p><p><br /></p><p>Nortel&#039;s bread and butter was in switched connection networks. (i.e. land line telephones)&nbsp; In the USA if you see a post war subdivision built in the sunbelt, you will also find at least one Nortel multiplexer enabling local phone service.&nbsp; These are not cheap consumer electronics that can be easily cloned by China.&nbsp; They are hugely complex devices that sit outside, resist all the elements and provide land line service reliability.&nbsp; Very few companies in the world have the resources to develop such machines.&nbsp; However,&nbsp; </p><p><br /></p><p>The world moved to switch packet networks (Internet) and Nortel missed that boat because the management ignored the engineers because the bean counters nixed the development.&nbsp;&nbsp; Everything since then has been a litany of bad business decisions driven from a financial standpoint rather than a technical one (and this is the fundamental problem of many companies).&nbsp; &nbsp; &nbsp;&nbsp; Phone companies are no longer installing new switched connection equipment.&nbsp; All these subdivision cabinets which formerlly held Nortel equipment are now getting upgrades to provide high speed internet and TV, with devices made my other suppliers. </p><p><br /></p><p>It should be noted that while they are Canadian, they also received millions in bailouts from the Canadian taxpayers all while the executives of this burning ship were being paid off with huge bonuses. As usual the employees got nothing and their earned retirements have been destroyed.&nbsp; All in all, Nortel is a prototype example of a company with once excellent products that was destroyed by self serving and clueless (about their business) management.&nbsp; They join a long list of similar companies such as Adelphia and Enron and I&#039;m sure they won&#039;t be the last.[/QUOTE]</p><p><br /></p>

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