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Nortel Earnings August 2008

August 1, 2008

In a podcast conversation with Joel Hackney, President of Enterprise Solutions Business at Nortel I had a chance to discuss Nortel's earnings which were a mixed bag for the quarter. On the one hand there were eight quarters of year over year profit increases and revenue and gross margins increased compared to the same quarter (Q2) last year.

On the down side there was a wider net loss of $113 million, or 23 cents a share, compared with a net loss of $37 million, or seven cents a share, a year earlier.

Hackney did explain that the economic environment has been challenging, citing a "tough economy" and he mentioned work needs to be done to improve operational effectiveness and margins in the business.

Hackney went on to say, "Not only are we looking to become more effective and efficient, internally within Nortel from a cost perspective, we're taking our solutions externally and helping our customers do the same thing."

Other important takeaways were thoughts on the LG-Nortel JV, the Siemens acquisition by the Gores Group and what the rest of the years' earnings will look like.

Here is the podcast for more.

Posted in AT&T, Avaya, Blackberry, Broadband, CRM, Call Center, Cisco, Communications Developer, Conferencing, Consumer Electronics, E-Commerce, FCC, Financial, Gadget, Green, IMS, IP Communications, JITC, Merger/Acquisition, Microsoft, Nortel, Podcast, SIP, Security, Speech Technologies, Technology, Unified Communications, Verizon, Video, Virtual Worlds, VoIP, Vonage, WiMAX, Wireless, Yahoo

T-Mobile -- Growing Revenue by Helping Parents

July 31, 2008

Mobile carriers are so in the driver seat. They really are. There is a good deal of money to be made in this space for a reason that may not be obvious. It is kids.

Posted in AT&T, Blackberry, Consumer Electronics, E-Commerce, FCC, Gadget, IMS, IP Communications, SIP, Social Networking, Technology, Unified Communications, Verizon, VoIP, Vonage, Wireless, Yahoo

Cuil Analysis

July 30, 2008

I am impressed with aspects of Cuil like the user interface but sadly, this search engine is not the Google killer that many (including the company) had hoped. I launched the new search engine with the same level of excitement in fact I had when I tried Searchme last year.

Just like Searchme, I believe the Cuil user interface is different enough from Google to appeal to a wide audience. The problem with both of the new search engines is that they aren't very accurate and the results that come back from Cuil seem way off base regardless of search term.

Tom Keating mentioned this as well and so did Luca Filigheddu and Erick Schonfeld. Luca shows that it is not just Google doing better than Cuil but all search engines are more accurate than this start-up founded by ex-Googlers.

So are we destined to have Google be our primary search engine forever? Possibly.

Posted in Google, Microsoft, Search, Social Networking, Technology, Yahoo

Road Warrior Bible

July 27, 2008

Everyone needs an ultimate guide. Whether you like to fish, run marathons, play chess or whatever. Andy Abramson recently published what I would consider to be a road warrior bible and it is full of great resources to not only handle your technology needs but it also discusses services which ship luggage.

Andy has a specific blog entry with these tips and an entire blog category titled Working Anywhere which will chronicle his future writings on the topic.

Posted in AT&T, Apple, Avaya, Blackberry, Broadband, CRM, Call Center, Cisco, Conference, Conferencing, Consumer Electronics, E-Commerce, FCC, Gadget, Google, Green, IP Communications, Merger/Acquisition, Microsoft, Nortel, Open Source, Personal, SIP, Science, Search, Security, Skype, Social Networking, Speech Technologies, Technology, Unified Communications, Verizon, Video, VoIP, Vonage, Wireless, Yahoo

Fuel Cells Power Base Stations

July 27, 2008

We live in a world obsessed with treating the environment better. While this statement does not apply to the entire world, the green technology movement in Europe and the US seems to be growing faster than ever. Still, when ensuring your carrier network has redundant power, you have options which are not really environmentally friendly. Diesel generators and batteries are but a few examples.

Posted in AT&T, Blackberry, Broadband, Cisco, Communications Developer, Conference, Consumer Electronics, E-Commerce, FCC, Google, IMS, IP Communications, IPTV, Merger/Acquisition, Microsoft, Nortel, Open Source, Optical, SIP, Speech Technologies, Technology, Verizon, Video, VoIP, WiMAX, Wireless, Yahoo

Sprint Sells Towers, Nextel Next?

July 24, 2008

In a move to pay down debt, Sprint has decided to sell its towers to TowerCo and lease them back.

Approximately 3,300 towers will be sold for $670 million in cash. Sprint is rumored to be floating the idea of selling Nextel as well and as you may know, SK Telecom was looking to buy Sprint Nextel but Sprint refused.

Dorothy was right -- there's no place like home (Kansas -- where Sprint is headquartered) as Sprint management has likely never been so busy.

Posted in AT&T, Apple, Blackberry, Broadband, Call Center, E-Commerce, FCC, Google, IP Communications, IPTV, Microsoft, Nortel, SIP, SaaS, Security, Skype, Speech Technologies, Technology, Unified Communications, Verizon, Video, VoIP, Vonage, WiMAX, Wireless, Yahoo

ITEXPO: Exhibits 90% Sold Out

July 21, 2008

There has been more interest in ITEXPO Fall 2008, Los Angeles, CA September 16-18 than any other Internet Telephony Conference & Expo I can remember in recent years. It seems people are beginning to realize this show is the only major IP communications event left -- it is growing quickly and it draws attendees from around the world.

If you are looking to reach service providers, enterprise customers, SMBs, resellers or the communications industry at large -- you should consider being at this show.

A participating companies list I picked up from an upcoming TMC press release is as follows but really, every important company in telecom will be represented in multiple ways. (please do not get offended if your company is not here. If I added all participating companies -- my readers would get fired because they would spend their work day trying to get through it all -- instead of getting their jobs done).

Posted in AT&T, Apple, Avaya, Blackberry, Broadband, CRM, Call Center, Cisco, Communications Developer, Conference, Conferencing, Consumer Electronics, E-Commerce, FCC, Gadget, Google, Green, IMS, IP Communications, IPTV, ITEXPO, JITC, Merger/Acquisition, Microsoft, Nortel, Open Source, Rates Technology, SIP, Science, Search, Security, Skype, Social Networking, Speech Technologies, TMC Team, Technology, Unified Communications, Verizon, Video, Virtual Worlds, VoIP, Vonage, WiMAX, Wireless, Yahoo

Show Me the Opportunities!

July 19, 2008

This past week has had me thinking a great deal about telecom and how it is evolving. I have come to some conclusions worth sharing. The first is that customers could care less about walled gardens. Sure, we hear complaints from some about how walled gardens are bad - but consumers don't care.

Posted in AT&T, Apple, Avaya, Blackberry, Broadband, CRM, Call Center, Cisco, Communications Developer, Conferencing, Consumer Electronics, E-Commerce, FCC, Gadget, IMS, IP Communications, ITEXPO, Merger/Acquisition, Microsoft, Nortel, SIP, Skype, Social Networking, Speech Technologies, Technology, Unified Communications, Verizon, Video, Virtual Worlds, VoIP, Vonage, Wireless, Yahoo

The Local Starbucks is Closed

July 19, 2008

If you were wondering whether your favorite Starbucks will be one of the 600 stores the company is about to close, the entire list (PDF) of stores to be closed has been made available.

California will see just under 90 stores shut down while Florida and Texas just under 60. TMC's home state of Connecticut will lose five stores -- the closest is about ten miles away from TMC and a store I have never visited. Digium will lose one store in its home city of Huntsville, Al (Madison Square Mall), Manhattan will lose six and Southhampton is the only location in the prestigious Hamtons to be whacked. Expect stores to close early next year.

There have been petitions circulaing to save specific locations and government officials are trying to persuade the company not to shut certain stores.

What I find amazing about these incidents is that many used to complian that Starbucks killed off the local coffee shop and made coffeee a chain-like experience.

Posted in AT&T, Apple, Avaya, Blackberry, Broadband, CRM, Call Center, Cisco, Communications Developer, Conference, Conferencing, Consumer Electronics, E-Commerce, FCC, Gadget, Google, Green, IP Communications, IPTV, Microsoft, Musings, Nortel, Open Source, Personal, SIP, Search, Security, Skype, Social Networking, Speech Technologies, TMC Team, Technology, Unified Communications, Verizon, Video, VoIP, Vonage, Wireless, Yahoo

Yahoo Enlists Home Page to Fight Icahn

July 18, 2008

The Yahoo! takeover offer by Microsoft and the subsequent saga that has ensued is unusual in my recollection of corportate takeovers. The latest chapter in the saga is Yahoo now using its home page to fight Carl Icahn. The ad they are running on their home page (pictured) really targets shareholders and others who are interested in the gory details of a corporate takeover.

What is most interesting is how Yahoo points to (see below) how unsuccessful Carl Icahn has been in his past efforts to increase shareholder value. Certainly, in an official bear market, it is fairly easy to make Icahn look bad.

Check out this TechCrunch article for more on the story.

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Icahn's Recent Involvements with Public Companies (1) Company Involved Since Change in Stock Price Since Initial Involvement(2) Amylin Pharmaceuticals Inc. May 2008 >(20%) Enzon Pharmaceuticals, Inc. Mar 2008 >(15%) The Greenbrier Companies Feb 2008 >(5%) Guaranty Financial Jan 2008 >(70%) Federal-Mogul Corp. Jan 2008 >(30%) BEA Systems Sept 2007(3) >45% Biogen Idec Aug 2007 >1% Motorola Inc. Jan 2007 >(60%) Cyberonics, Inc. Jan 2007 >20% WCI Communities Inc. Jan 2007 >(90%) Telik, Inc. Jan 2007 >(80%) Lear Corporation Oct 2006 >(45%) Time Warner Inc. Aug 2005 >(20%) Temple Inland, Inc. Feb 2005 >(55%)(4) Blockbuster Inc. Dec 2004 >(70%)

Posted in Google, Merger/Acquisition, Microsoft, Yahoo

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