Tuesday, January 16, 2007

Nortel's PBT

Well Nortel's PBT kept making major news today as well, with the deal with BT sending Nortel's stock up 3.5% today. And Philippe Morin, president of Nortel's Metro Ethernet Networks division mentioned that he expected Nortel to have a major first to market advantage with PBT, and to make a major dent in the carrier ethernet market in the next year. Currently Nortel has only 4% market share in Carrier Ethernet, with Cisco leading at 57%. It will be pretty interesting to see how PBT moves along.

No comments: