What does Nortel stand for?
Nortel Networks Corporation ( Nortel ), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Mississauga, Ontario, Canada. It was founded in Montreal, Quebec, in 1895 as the Northern Electric and Manufacturing Company.
Why choose Nortel systems?
Based in Southern California, we are consistent, reliable and effective for clients throughout the USA. NortelSystems.com helps you keep Running and Connected. Fully Integrated to Todays world and Thriving! Telecommunications Support by a long time Pro.
Who is the CEO of Nortel Networks?
Retrieved June 7, 2019. ^ Nortel Announces Mike Zafirovski as President and CEO (Press release). Nortel Networks. October 17, 2005. Archived from the original on February 25, 2006. Retrieved June 1, 2008.
Who is the ex-CEO of Nortel?
^ Erman, Boyd (March 13, 2007). Ex-Nortel CEO John Roth says hes cleared – The Globe and Mail. The Globe and Mail. Toronto. Archived from the original on August 28, 2016. Retrieved August 22, 2017. ^ Unknown. The Globe and Mail.
Who is the CFO of Nortel Canada?
Peter W. Currie, previously the Chief Financial Officer (CFO) of the Royal Bank of Canada, was named CFO of Nortel in 2005, having previously served as Northern Telecoms CFO in the 1990s. Gary Daichendt, the former Chief Operating Officer of Cisco Systems, was hired as president and COO, and was expected to succeed Owens as CEO.
Why did Nortel change its name to Nortel?
In 1998, with the acquisition of Bay Networks, the companys name was changed to Nortel Networks to emphasize its ability to provide complete solutions for multiprotocol, multiservice, global networking over the Internet and other communications networks.
What happened to Nortel Networksmarket cap?
Soon after the announcement of the Sonoma acquisition, Nortel Networks market capitalization hit US$240 billion, a sixfold increase since Roth had taken over as CEO.
Who is Bell Nortel owned by?
Bell-Northern Research was jointly owned 50–50 by Bell Canada and Northern Telecom. The combined three companies were referred to as the tricorporate. As Nortel, the streamlined identity it adopted for its 100th anniversary in 1995, the company set out to dominate the burgeoning global market for public and private networks.