{"id":154,"date":"2009-08-06T06:57:00","date_gmt":"2009-08-06T06:57:00","guid":{"rendered":"https:\/\/mhgoldberg.com\/blog\/?p=154"},"modified":"2017-01-24T15:54:21","modified_gmt":"2017-01-24T20:54:21","slug":"weighing-in-on-nortel","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=154","title":{"rendered":"Weighing in on Nortel"},"content":{"rendered":"<p>The opposition parties have succeeded in calling <a href=\"http:\/\/ca.news.yahoo.com\/s\/capress\/090805\/business\/nortel\">an emergency meeting<\/a> of the House of Commons Industry Committee to wade into the sale of Nortel&#8217;s business units.<\/p>\n<p>While the trigger event is the recent Ericsson deal, the committee might as well be looking at the entire business liquidation process, since wireless is just the first of a number of business units to go.<\/p>\n<p>The NDP industry critic, Brian Masse said in a <a href=\"http:\/\/www.ndp.ca\/press\/government-obliged-to-protect-public-interest-in-nortel-takeover\">press release<\/a>:<\/p>\n<blockquote style=\"font-size: 85%; color: #666666; text-align: justify;\"><p>The Conservatives are using taxpayer money to help a foreign company steal very valuable assets at a lowball price, while a leader in Canadian innovation who is offering a higher price, is blocked. It is outrageous.<\/p><\/blockquote>\n<p>The Committee meeting allows opposition members to get their views into the transcripts, helping to build campaign literature for the next election.<\/p>\n<p>Will the minority government resist the calls for intervention in Ericsson&#8217;s acquisition of Nortel&#8217;s wireless business?<\/p>\n<p>Members should remember that there are a large number of Canadians who are employed by foreign technology firms, including 1500 Ericsson&#8217;s research labs in Montreal.<\/p>\n<p>Last week, <a href=\"https:\/\/mhgoldberg.com\/blog\/?p=160\">I commented<\/a> on the <a href=\"http:\/\/ca.entertainment.yahoo.com\/s\/cbc\/090727\/canada\/business_ericsson_nortel_lte_technology_ontario\">harsh language<\/a> used by Ontario&#8217;s Finance Minister, who was quoted saying that &#8220;LTE was partly funded with Canadian taxpayer money, and he doesn&#8217;t want it going to a foreign company.&#8221; This came from the guy <a href=\"http:\/\/www.premier.gov.on.ca\/news\/event.php?ItemID=7709&amp;Lang=EN\">signing cheques<\/a> for more than a quarter billion taxpayer dollars for France-based game studio Ubisoft.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The opposition parties have succeeded in calling an emergency meeting of the House of Commons Industry Committee to wade into the sale of Nortel&#8217;s business units. While the trigger event is the recent Ericsson deal, the committee might as well be looking at the entire business liquidation process, since wireless is just the first of &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=154\"> <span class=\"screen-reader-text\">Weighing in on Nortel<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-154","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Weighing in on Nortel &#8226; Telecom Trends<\/title>\n<meta name=\"description\" content=\"The opposition parties have succeeded in calling an emergency meeting of the House of Commons Industry Committee to wade into the sale of Nortel&#039;s &#8226; August 6, 2009\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=154\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weighing in on Nortel &#8226; Telecom Trends\" \/>\n<meta property=\"og:description\" content=\"The opposition parties have succeeded in calling an emergency meeting of the House of Commons Industry Committee to wade into the sale of Nortel&#039;s &#8226; August 6, 2009\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mhgoldberg.com\/blog\/?p=154\" \/>\n<meta property=\"og:site_name\" content=\"Telecom Trends\" \/>\n<meta property=\"article:published_time\" content=\"2009-08-06T06:57:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-24T20:54:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mhgoldberg.com\/blog\/wp-content\/uploads\/2021\/02\/mark_logo_png-scaled.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1061\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mark Goldberg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mark_goldberg\" \/>\n<meta name=\"twitter:site\" content=\"@mark_goldberg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Goldberg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=154#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=154\"},\"author\":{\"name\":\"Mark Goldberg\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#\\\/schema\\\/person\\\/3fb9ac7e53dc710f23be648a3b1ab4d7\"},\"headline\":\"Weighing in on Nortel\",\"datePublished\":\"2009-08-06T06:57:00+00:00\",\"dateModified\":\"2017-01-24T20:54:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=154\"},\"wordCount\":237,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=154#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=154\",\"url\":\"https:\\\/\\\/mhgoldberg.com\\\/blog\\\/?p=154\",\"name\":\"Weighing in on Nortel &#8226; 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