IT managers aren't supposed to be financial analysts. In the wake of the collapse of energy giant Enron Corp., however, the revelations of financial problems and accusations of accounting irregularities at some IT vendors are forcing technology executives to take a harder look at the financial health of their suppliers.
Set-top digital cable boxes from Motorola Inc. will include Nortel Networks Corp. technology for making inexpensive Internet phone calls, once the fruit of a collaborative agreement between the two companies announced Monday hits the market.
The largest local carriers plan to spend significantly less on new equipment this year than in previous years, according to a quick check of their predictions for capital expenditure in 2002. Spending fell in 2001, and will fall further in 2002, meaning equipment makers like Lucent Technologies Inc. and Cisco Systems Inc. will be fighting for a smaller slice of the pie.