Nortel Wheeling & Dealing

Canada's Financial Post says Aastra would make a good partner/buyer for Nortel's Enterprise unit, but probably couldn't swing the deal. That's pretty much what I argued the day Nortel filed Chapter 11.

FT says private equity wants to combine Nortel wireless with Motorola handset, and says that would be a bad idea.

And you can add Ciena to the list of prospective buyers for the optical division.