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The Sale of Nortel

Posted August 6, 2009

As the organization serving Canada’s information and communications technology industry, ITAC has been asked by its members and other stakeholders for its position on the sale of the assets of Nortel.  ITAC’s membership includes Nortel and many of the interested parties currently engaged in the sale.  ITAC does not as a general practice comment on the business matters of any individual member.  It cannot and will not comment on the merits of any particular bid.

The association’s interest lies in the maintenance of a strong and highly innovative and competitive ICT industry in Canada.  Nortel has played a profound role in positioning Canada as a contender in the fiercely global ICT marketplace.  It has spawned at least two generations of homegrown ICT companies.  And it has contributed immensely to Canada’s sense of itself as a contender among innovation-driven economies. 

ITAC’s aspiration for the Nortel sale is for an outcome that preserves as much of this tradition as possible while providing maximum continuity of the role Nortel has played as an employer and major contributor to Canada’s business investment in research and development.