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Mark Evans

the blog - examines the world of telecom  and  technology  from  a distinctly Canadian perspective.

the person - lives in Toronto, CA with  his  wife  and  three children, and  works  as director of community with PlanetEye Inc.
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View Article  Nortel: Play by Play a Week Later
With some time to digest all the exciting Nortel news last week, here's a play-by-play of what really went down:
June 2005: Gary Daichendt quits as president and COO; board realizes it needs to replace CEO Bill Owens as soon as possible; board starts CEO search without Owens' participation.
June 29: Nortel holds seven-hour AGM; elects Harry Pearce as chair; process to hire new CEO apparently officially starts
Oct. 15: Nortel fires Owens after it secures an employment contract with ex-Motorola COO Mike Zafirovski; Forget about Owens "retiring" because he had no intention of leaving soon. Owens, who had been a board member before coming CEO, announces he will on be on the board.
Oct. 16: Motorola sues Zafirovski for breaching a non-compete clause. Nortel's recruiter claims it was aware of the non-compete issues but didn't think they would be a major problem. Wrong.
Oct. 21: Nortel discloses Zafirovski's sweet compensation package; makes sure his "golden days" are comfortable by guaranteeing him a $500K a year retirement package - as if someone whose already a multi-millionaire needs a $10 million to $15 million retirement package. Zafirovski also gets restricted stocks units now worth $7.5 million and five million options.
Oct. 24: All quiet on the Nortel front as Nortel, Motorola and Zafirovski look at ways to make this "issue" disappear. Zafirovski prepares to write large check to Motorola; Nortel prepares to write large check to Zafirovski; Nortel shareholders watch stock sink towards $4.
 
View Article  Cogeco Gets Aggressive About VOIP
It's like a miracle has happened: Cogeco has suddenly become bullish about cable telephony. Instead of looking to have an "underwhelming" 7K to 8K telephony customers in fiscal 2006 (year ending Aug. 30), the company has revised its targets to 32K to 37K due to "strong demand". To be honest, I could have told CEO Louis Audet a long time ago that cable telephony was going to resonate with consumers looking for an alternative to Bell Canada. I mean, all you need to do is look over at Videotron, which has won over more than 100K subscribers since February. Still, it's good to see Cogeco jump on the bandwagon, even if it continues to adopt a somewhat conservative approach given it has 821,433 cable customers. It needs to be pointed out Audet has a pragmatic approach to expanding new services with a strong focus on ROI. This contrasts with Videotron, which has zealously pursued market share by offering phone service for as low as $15.95 a month to its best - and most lucrative - customers.

View Article  Oz Rings Up Cingular
Montreal-based Oz Communications has scored a major coup by signing a deal to sell its mobile e-mail software to Cingular. The terms of the contract were not disclosed but it is Oz's largest one to date. Cingular will make the e-mail service available today as a download on five existing phones. It will also be pre-installed on new phones. Oz's software differs from that of Research in Motion because it sends users an alert that a new message has arrived rather than pushing the entire message on to the phone. The user can then decide if they want to open the message - thereby saving download costs. Oz's customers include Virgin, Bell Canada and Sprint. It investors include VantagePoint Venture Partners.
 
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My blog has moved. Check out the new Mark Evans. It's part of my mini-blog empire that also includes All About Nortel and Twitterrati. You can subscribe to Mark Evans Tech by clicking on the RSS symbol above.
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