RCR Wireless News
January 26, 2009
"Nortel Challengers May Be Interested In Buying Pieces of Company, Analysts Say"
By Gary E. Salazar
Pace Harmon Principal Shaun Cohen and Associate Tom Burson share comments on the implications of the Nortel bankruptcy. "Nortel has lost considerable market share," said Shaun Cohen, a principal with Pace Harmon. "I'm not sure they will be able to recover to what they are right now. Carriers are going to start thinking about how to replace them. Nortel could come out of bankruptcy without a wireless division." Tom Burson, a Pace Harmon associate, said the number of vendors in good economic standing is shrinking for carriers. For its customers, Pace Harmon has placed Nortel in its group of recommended companies but that could change since the company has filed for bankruptcy.
Pace Harmon’s insights regarding technology trends, complex transactions, and supplier management issues are frequently quoted in leading industry journals.
