Nortel to go on IPTV M&A spree?

UBS analyst Nikos Theodosopoulos thinks Nortel is set to go on an M&A spree with an eye toward IPTV and WiMAX companies. Nortel recently resolved its debt refinancing, a class action lawsuit and most of its financial restatements, which puts it in prime position to make some strategic acquisitions. The company's operating margin is $600 million for 2007, based on expected savings of $750 million.

For more on Nortel's potential M&A spree:
- check out this blurb from The National Post

Suggested Articles

Increased internet speeds will outpace premises WiFi capabilities, category cables can deliver the high speed and low latency demanded by consumers.

After announcing a deal to integrate the Amazon Prime Video app earlier this year, Virgin Media said that service is now available to millions of its TV…

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.