Archive for November 7th, 2008

Will Nortel be able to sell its Metro Ethernet unit?

Nortel Networks stunned the industry in September by announcing it would seek to sell its fast-growing Metro Ethernet division, which also includes most of its optical products. The worst part, most observers agreed, was the timing. How could Nortel find a buyer when nobody had any money?

Two months later, some analysts say a deal is unlikely as ever. (more…)

The fall of a market leader

Poor Motorola. The struggling handset maker can’t seem to get a break. Korean-based Samsung Electronics today took away Moto’s last claim to fame, its title of the largest mobile phone maker in the United States, which it has held since 2004. According to Strategy Analytics, Samsung captured 22.4% of the market share in the U.S., up from 16.2% last year and enough to beat Moto, which only got 21.1% of its home turf, a decline from last year’s 32.7% share. (more…)