And the reason for the delay in the Nortel auction is …

by Jeff Wiener on September 11, 2009 is reporting that there will be a court hearing on Monday at 1PM in New York to deal with  Verizon’s opposing Avaya’s acquisition of Nortel’s Enterprise business unless provisions are provided for continued support of Nortel’s equipment.   Looks like we will have to wait until Monday.

P.S. I am wondering if this is the final step in the process. Perhaps Avaya won the bid with a caveat of dealing with the Verizon claim. If Siemens had won the bid then this wouldn’t be an issue – right ?


{ 1 comment… read it below or add one }

Brazilian Fox September 12, 2009 at 4:35 pm

Maybe in a 10 Billion deal Goggle has taken the 3, SEN, NTL, Avaya

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