For Nortel, more cost cutting may not be enough

For Nortel, more cost cutting may not be enough - Globe and Mail (Motorola)

November 8th, 2008

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Nortel Networks Corp. is almost out of options. A battered economy, a shrinking industry, fierce price competition from emerging Chinese rivals, a bloated balance sheet and weak product lineup have aligned to force the struggling company’s hand. On Click here for the full story

CHICAGO — Motorola Inc. has ceded the top spot in U.S. mobile-phone sales to Samsung Electronics Co., according to a report released Friday by Boston-based research firm Strategy Analytics. In the third quarter, Samsung posted market share of 22.4 Click here for the full story