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Friday, January 9, 2009
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Nortel carrier Ethernet up for sale: Here's an interesting potential buyer

As Light Reading's Ray Le Maistre noted earlier this week, China-based Huawei should step in to buy Nortel's carrier Ethernet and optical assets - especially now it's up for sale. Nortel's MEN business is worth $2 billion and could be a sizeable addition to Huawei's $12.5 billion business. However, Nortel says this is not a "fire sale" and that it is "looking to get the most value as this asset is worth."

As we know, competition is good, and a leaner and more focused Nortel could make it a better alternative to Cisco, while the addition of a $2 billion Metro Ethernet business could help to kick start Huawei's carrier business in North America.

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Go to Cisco Subnet for more Cisco news, blogs, discussion forums, security alerts, book giveaways, and more.

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