Nortel's margins are significantly lower than competitors Lucent and Ericsson (nasdaq: ERICY - news - people ), and the company needs to cut costs, he says.

FORBES: Nortel: Nowhere To Go But Up

It acquired a research lab in India from Swedish telecom titan Ericsson (nasdaq: ERICY - news - people ) and a telecom-chip design firm in Austria.

FORBES: Offshoring The Offshorers

Nearly half that sum is being spent to transform a million-square-foot former Ericsson (nasdaq: ERICY - news - people ) plant bordering the campus into a new law school and a larger site for the church.

FORBES: Prophets of Boom

Though so far it has stayed away from the PDA-combo product class--it's leaving that to its mobile phone joint venture with Ericsson (nasda: ERICY - news - people )--Sony is playing the percentages by producing PDAs that will appeal across a pretty wide spectrum.

FORBES: Playing PDA Percentages

The strength of the combined company would put significant pressure on other companies in the telecom and networking-equipment space, including Ericsson (nasdaq: ERICY - news - people ), Siemens (nyse: SI - news - people ) and Motorola (nyse: MOT - news - people ).

FORBES: At Long Last, A Hardware Shakeout

Kurt Hellstrom , CEO of Sweden's beleaguered wireless concern Ericsson (nasdaq: ERICY - news - people ), has thrown a temper tantrum, threatening to bail out of the company's joint venture with Japanese consumer electronics giant Sony (nyse: SNE - news - people ) if sales of mobile phones don't start picking up soon.

FORBES: Magazine Article