北电极有可能再得一个10亿美元合同，文章见下：

[土鳖虫]

Nortel Named in Big Indian Deal
07.09.04

Nortel Networks Ltd. (NYSE/Toronto: NT - message board) has emerged as a potential surprise winner of a $1 billion network expansion deal at India’s largest GSM (Global System for Mobile communications) carrier, Bharat Sanchar Nigam Ltd. (BSNL).

Media reports today suggest the state-owned telco may have already chosen the Canadian vendor as supplier for the 11-million-line GSM project.


“The order may be announced within a fortnight. Nortel has emerged as the lowest bidder,” N.K. Mangla, BSNL’s marketing director, told Reuters. “The evaluations have been completed. We are in the process of discussions with the vendor.”

Nortel is keeping its lips tightly sealed. "We don't comment on rumors or speculation," says a non-spokesman.

A win for Nortel would be a major surprise. Rivals LM Ericsson (Nasdaq: ERICD - message board) and Motorola Inc. (NYSE: MOT - message board) were initially seen as strong contenders in light of previous deals with the carrier, and analysts also recently tipped Chinese vendors ZTE Corp. and Huawei Technologies Co. Ltd. as potential candidates (see Chinese Look to India Win, Ericsson Does GSM in India, and Moto Wins Indian GSM Deal).

Research firm EMC gives BSNL a subscriber base of 5.8 million as of June 2004. “I expect BSNL will exhaust 15 million GSM lines by December 2005 and our user base will be 25 million customers,” claims Mangla.

The network expansion is in keeping with India’s standing as one of the world’s most explosive wireless markets. Lehman Brothers expects the region to reach 50 million subscribers by the end of 2004, and 100 million by August 2006 (see India Curries Wireless Favor).

― Justin Springham, Senior Editor, Europe, Unstrung

 

[bluelove]

那我就来赌一把NT

 

[Mee]

可怜的NT

 

[mei168]

美股特??道


通?韵?生?商Nortel Networks (NT: ??, 研究儋料) 盍?2004?年_I收成樘率?高於市?平均盍期。Nortel咀路表示盍?2004?年的_I收成樘率?俭?5%。 目前公司_?r蒉之6月2日公??????「重大」?化。Nortel表示，公司尚需改善成本劫?，???取「必要的步笈」以保持公司的?_?Α?在?及重新公????铨?，Nortel表示?在八月中旬公?第一?季和第二?季的??。

 

[土鳖虫]

最初由 mei168 发布
美股特??道


通?韵?生?商Nortel Networks (NT: ??, 研究儋料) 盍?2004?年_I收成樘率?高於市?平均盍期。Nortel咀路表示盍?2004?年的_I收成樘率?俭?5%。 目前公司_?r蒉之6月2日公??????「重大」?化。Nortel表示，公司尚需改善成本劫?，???取「必要的步笈」以保持公司的?_?Α?在?及重新公????铨?，Nortel表示?在八月中旬公?第一?季和第二?季的??。

是的，初步查账结果已经出来了。正如我估计的，这个结果对公司损害不大，但却足
以给被开除的人定罪了。下一步就看八月底之前要公布的2004一季和二季报告了，
一般估计是看好。今天郎讯拿到一个50亿合同，有人猜测北电也许能跟进，让我们
等着看吧。以下是报导这次查帐的文章：

UPDATE 4-Nortel holds audit forecast, shares surge
July 13, 2004 10:53:00 AM ET


(Updates stock gains, adds CEO and cost cutting comments)

By Susan Taylor

OTTAWA, July 13 (Reuters) - Investors breathed a huge sigh of relief and sent shares in Nortel Networks Corp. soaring after the telecom equipment supplier on Tuesday said its audit of 2003 results did not turn up any nasty surprises and it forecast stronger 2004 sales growth than the market.

Nortel, mired in an accounting scandal and required by securities regulators to issue bi-weekly updates, stuck to its forecast that an earnings restatement will see it halve 2003 net earnings.

The news sent Nortel shares roaring to gains of 10.2 percent on the Toronto Stock Exchange to C$6.14 and 9.5 percent to $4.63 on New York, where it was the exchange's second biggest percentage gainer and second most active stock.

"The thing that might have been a ticking time bomb turned out to be an alarm clock," said Duncan Stewart, partner and portfolio manger with Tera Capital, which owns Nortel stock. "They have not dramatically altered the 2003 picture and that is quite important."

Nortel said that two-thirds of the 2003 earnings reduction impacts the first half of the year, with the remaining third affecting in the latter half.

The first half reduction will result in a net loss compared to a previously reported net profit, Nortel said, while the second half adjustment will reduce net earnings.

"It means there's still earnings," said an analyst who asked not to be named. "The language is very clear in saying we still made money in the second half -- which (analysts) were hoping was the case and now they'll have more confidence."

Nortel said the restatement will eliminate "substantially all" of its net earnings from continuing operations for 2003.

The Brampton, Ontario-based company also said it expects 2004 sales to grow faster than the telecom equipment market, which it now sees rising in the low to mid single digit percentages. In June, Nortel forecast market growth in the low single digits.

The company expects to announce preliminary results for the first and second quarters of 2004 in mid August.

Nortel also repeated on Tuesday that it needs to cut costs to drive financial performance, and will take "necessary steps" to focus its operations and investments.

"The current year has been an extremely challenging one for Nortel Networks," said chief executive Bill Owens in a statement. "That being said, we are committed to placing Nortel Networks in a position to succeed."

The company's accounting debacle is being investigated by Canadian and U.S. regulators, while police in Canada are also conducting a review to see if there is need for a criminal investigation, such as one now under way in Texas.

Nortel, which paid out millions of dollars in bonuses tied to a 2003 profit, has said it will seek recovery of any incentive payments made to staff who acted improperly.

A Wall Street Journal report said Nortel manipulated its books to show a profit by misusing accrued liabilities, which stem from charges for such things as merger costs or contractual liabilities, to boost earnings.

The report added that Nortel inappropriately took reserves from its balance sheet in the first and second quarters of 2003 and added them to earnings. It also overstated the size of its reserves, the report charged.

Nortel fired its chief executive and several other senior officers as part of the accounting scandal.

 

[alanchen]

Re-statement will out during mid-August!