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Report Slams Nortel Execs, Issues Dire Warning to Ciena

A new report from consulting and research company Telecom Pragmatics pulls no punches, saying Ciena Corp. better closely watch the former Nortel Networks executives it brought on board when it bought the bankrupt telco’s optical networking business. In fact, it better watch those who came on well before the transition. The report says that over […]

Ciena Closes Nortel MEN Deal for $773.8M

Ciena Corp. (CIEN) said has closed the takeover of bankrupt Nortel Networks’ Metro Ethernet Networks (MEN) group. Ciena bought the unit in late 2009 in a nail-biter auction against Nokia Siemens Networks. Late Friday, Ciena said it paid a total price of $773.8 million, all cash. The original purchase price totaled $769 million. Ciena was going […]

Nokia Siemens Upsets Planned Nortel MEN Sale to Ciena

Just because Ciena Corp. (CIEN) won Nortel Networks’ Metro Ethernet Networks (MEN) auction last week doesn’t mean the deal is sealed. As Ciena and Nortel were headed to bankruptcy court on Wednesday to secure approvals for the assets transfer, a rival put a kink in the works: Nokia Siemens Networks said it will make an all-cash offer […]

Sandy Beaches Is Giving Away Mens 2007 Final Four Tickets

Calling all college hoops fans! You might want to brush up on your shooting skills because it could increase your chance to win two lower-level tickets plus hotel accommodations to the NCAA Mens Final Four Basketball Championship in the Georgia Dome, March 31 – April 2. In conjunction with the COMPTEL PLUS Spring EXPO, Sandy […]

Birdieon Hole 4

As blue herons looked on, 15 teams teed up at 8 a.m. Sunday for the CompTel/ASCENT golf tournament sponsored by Vero Systems Inc. (Booth 501). The teams played a shotgun start team scramble through Floridas humid midday sun at the Orlando Marriott World Centers Hawks Landing Golf Club. At just longer than 6,800 yards, the […]

Going the Distance

Strong winds and slightly chilly temperatures did not detract from a morning of sunshine and golf for the teams competing in Sunday’s CompTel/ASCENT Alliance tournament at the Coyote Hills Golf Course in Fullterton, Calif., which was designed by Cal Olson and PGA legend Payne Stewart. It caters to all levels of play and features winding […]

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