What's Nortel Worth?
Short answer: About as much as Tellabs
12:00 PM -- Given the news from Nortel Networks Ltd. today, I thought it'd be worth a quick glance at what Nortel is now worth, compared to some of its peers in the telco equipment space and some other similarly valued companies. The chart needs no explanation, but I'd love to get your reactions and comments via the message boards.
Table 1: Market Cap Comparison
Company | Exchange | Symbol | Last Price | Quote | Change | Market Cap |
ADTRAN Inc. | NASDAQ | ADTN | $19.53 | -0.84� | (-4.12%) | $1.24B |
Ciena Corp. | NASDAQ | CIEN | $10.24 | -0.99� | (-8.82%) | $924.83M |
Clearwire Corp. | NASDAQ | CLWR | $9.5 | -0.15� | (-1.55%) | $1.56B |
JDS Uniphase Corp. | NASDAQ | JDSU | $8.03 | -0.86� | (-9.67%) | $1.76B |
Neustar Inc | NYSE | NSR | $19.7 | -0.50� | (-2.48%) | $1.55B |
Nortel Networks Corp. (USA) | NYSE | NT | $3.01 | -2.29� | (-43.21%) | $1.49B |
Sycamore Networks Inc. | NASDAQ | SCMR | $3.19 | -0.08� | (-2.45%) | $905.50M |
Tellabs Inc. | NASDAQ | TLAB | $4.03 | -0.19� | (-4.50%) | $1.60B |
Source: Google Finance |
— Phil Harvey, Editor, Light Reading
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