Nortel Buzzboard

Scott Wickware, new GM for Nortel’s WiMAX businessYesterday was a big news day for Nortel, so let’s start sorting through the details of some of it and what the news means for Nortel’s direction.

The item that got the most attention yesterday was Nortel’s news in the 4G wireless space. Nortel announced a change in R&D direction here, shifting it’s main R&D efforts to 4G LTE to address that market’s accelerating time schedule. At the same time Nortel announced a strategic WiMAX agreement with Alvarion where they will become Nortel’s supplier for mobile WiMAX base stations as part of an end-to-end WiMAX solution.

[UPDATED: Watch …

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I’m still working through all the media coverage from today’s Nortel news. I’ll be spending most of tomorrow focusing on going through the news, and highlighting the more interesting coverage.

Until then, I thought one of today’s articles was of particular interest. This article in Telephony talks about Nortel’s move to focus it’s future R&D resources on 4G LTE, and how the new relationship with Alvarion will help Nortel still play in the WiMAX market.

New GM of WiMAX solutions Scott Wickware is interviewed, and suggests that the Alvarion relationship began through a little matchmaking from one of Nortel’s customers:

“One notable customer suggested we get together with Alvarion,” Wickware said. “They felt …

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Mike Z opened up the day’s agenda with some of this thoughts on Nortel’s direction. I’m multitasking a bit with all the other news that has come out this morning, but there were a few items that I thought were really interesting from Mike’s presentation:

Mike mentioned today’s 4G news, specifically the new relationship with Alvarion. He said that the work with Alvarion will “allow us to leverage our R&D investments better.” This has been a topic in the past around Nortel’s investments in both WiMAX and LTE. Today’s news really seems to focus Nortel’s main investments on LTE for faster delivery in an accelerating market, while at the same time partnering Nortel with a company …

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It was already going to be a busy day here on Buzzboard with the Investment Analysts meeting hosted by Mike Z and company all day at Nortel’s headquarters in Toronto. Now in addition to that, this morning Nortel issued multiple press releases that include some significant news.

Here’s a quick summary of the news with links to the releases. I’ll be going through these in more detail as we get through the day with commentary and analysis:

First Nortel issued this release highlighting the Investor Meeting. All this release does is reconfirmed Nortel’s previously stated full year 2008 outlook in advance of this meeting between investment analysts and Nortel’s senior team.
Next, Nortel announced that Verizon had …

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