School is out but the high-tech world is as busy as ever. (Do these people ever take vacations?) During this week's podcast, Kevin Restivo and I talk about:
1. The ongoing Nortel Networks soap opera, which featured news about a 1,100-person reduction in the workforce (35K vs. 95K at the peak of the telecom boom), and Nortel's AGM, which saw CEO Mike Zafirovski declare he wasn't looking for a merger or a sale. Instead, Mike Z. plans to stay the course with a restructuring plan. We shall see.
2. Research in Motion's strong fiscal first-quarter results, which suggest a couple things: consumers have put RIM's legal battle with NTP behind them; and despite all the talk about growing competition, the Blackberry still rules the mobile e-mail market.
3. Richard Branson drops into Toronto (literally, as he made his entrance by rapelling from a helicopter to a restaurant patio). Much to a lot of peoples' surprise, he said Virgin Mobile Canada has 250,000 customers and aims to have 400,000 by year-end. By the way, there will be another MVNO player in Canada soon with the launch of Amp'd Mobile, which is doing a deal with Telus Corp.
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The Weekly Podcast: Nortel, RIM..and Richard Branson
by
Mark Evans
on Sun 02 Jul 2006 08:12 AM EDT | Permanent Link
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