Nortel down but not out

It's too soon yet to write Nortel's obituary. The Cisco competitor filed for Chapter 11 bankruptcy protection in the United States, Canada, Europe and the Middle East and Africa today. But Joel Hackney, Nortel's enterprise solutions president told Network World's Jim Duffy that it's business as usual. He says: "The filing allows us to address a large portion of those obligations while also maintaining the day-to-day operations and the support that our customers rely on for their own business."

As Cisco Subnet blogger Brad Reese writes in a response to a reader who wondered if we'll no longer see stories about Nortel's aggressive tactics against Cisco - such as its energy calculator - Nortel may be down, but it's not out.

And what of Cisco? Will it now move to buy up Nortel's Metro Ethernet Networks business unit at a bargain basement price?

More from Cisco Subnet:Network World testers give Cisco ASR 1000 the thumbs-upNortel employees speak outAdvice before you upgrade to ASR 1000Cisco mulls adding verbal interview to CCIE examsFab Tool Pick: IceSword weeds out rootkitsPassing the CCDE is Starting to Sink InIPv6 on Your Mobile Phone* Under the hood: Cisco unified communicationsCisco News and Review podcast Cisco Subnet for more Cisco news, blogs, discussion forums, security alerts, training/book giveaways, and more.

*

*

*

*

*

*

Go to

Related:

Copyright © 2009 IDG Communications, Inc.

The 10 most powerful companies in enterprise networking 2022