Rumour has it (and by that we mean, analysts are predicting) that Nortel may be giving IPTV the glad eye and rubbing its hands together in greedy anticipation.

UBS Warburg (UBS being the United Bank of Switzerland) issued a report last week in which Nikos Theodosopoulos had some choice speculation for the company’s future direction:

After, what we believe was a failed bid to acquire Avaya, we believe Nortel is likely to seek alternative acquisitions in a bid to either increase scale or accelerate growth in strategic areas including enterprise, carrier VoIP and/or IPTV.

Nortel CEO Mike Zafirovski has been doing his bit to add fuel to the rumour fire too and in a recent interview with Reuters commented:

We are doing lots of analysis internally on how to grow the company organically and we started discussions recently with companies that we believe can be added to our growth trajectory.

Sounds promising, and could help offset some Nortel’s losses over the last financial year. It’s still a long way off from official, but if it does happen you will be able to read about it on the best broadband video blog on the net (clue: this one).

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