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Downturn pushes Nortel results into the red
...Enterprise solutions dropped by 41% to $395m and carrier networks decreased by 32% year on-year to $737m. Nortel president and CEO Mike Zafirovski said that it had expected revenues and margins to be down because of the current state of... http://www.computerweekly.com/Articles/2009/05/12/235990/downturn-pushes-nortel-results-into-the-red.htm
Nortel Networks files for bankruptcy
...operations and narrow its strategic focus". Nortel must be put on a sound financial footing once and for all," said Nortel president and CEO Mike Zafirovski. "These actions are imperative so that Nortel can build on its core strengths. I am confident... http://www.computerweekly.com/Articles/2009/01/14/234229/nortel-networks-files-for-bankruptcy.htm
Nortel Networks lays off 3,200 staff
...Chapter 11 in the US and bankruptcy protection in its native Canada. It has already let go 1,800 staff but Nortel president and CEO Mike Zafirovskiconfirmed late yesterday that it will reduce the workforce further. "Nortel is a company... http://www.computerweekly.com/Articles/2009/02/26/235029/Nortel-Networks-lays-off-3200-staff.htm
Nortel switch release focuses on unified communications
...its new switch portfolio, Nortel also outlined its vision for UC and how solutions can enable it. According to Nortel president and CEO Mike Zafirovski, "Unified communications fundamentally changes the way enterprises communicate, simplifying... http://www.computerweekly.com/Articles/2007/03/08/222294/Nortel-switch-release-focuses-on-unified-communications.htm
Nortel third-quarter revenue falls across all segments
...expects to see a sequential improvement in its pro forma bottom-line results in the fourth quarter of 2002. Nortel president and chief executive officer Frank Dunn said more attention should be paid to a "transformation" of networks to... http://www.computerweekly.com/Articles/2002/10/18/190410/nortel-third-quarter-revenue-falls-across-all-segments.htm
Restatement will wipe out 2003 profit, says Nortel
...investigations that revealed that its past accounting had been manipulated. But despite the recent rocky ride, Nortel president and chief executive officer Bill Owens said that he was pleased with the progress the company has made with its financial... http://www.computerweekly.com/Articles/2004/07/15/203837/Restatement-will-wipe-out-2003-profit-says-Nortel.htm
Nortel reorganises business
...and Brian McFadden continues as president of Optical Networks. All the division heads will report directly to Nortel president and chief executive officer Frank Dunn. GVL5-20090512.3 http://www.computerweekly.com/Articles/2002/10/04/190088/nortel-reorganises-business.htm
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Nortel Asset Sale Punctuates End of Era
...people. In fact the CDMA unit is the second-largest supplier of this infrastructure in the global market. Ç Indeed, Nortel President and CEO Mike Zafirovski emphasized that the assets carry clear value despite the consolidation in the telecom industry... http://www.ecommercetimes.com/rsstory/67395.html
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Nortel cans WiMAX venture
Ericsson wins auction to buy Nortel wireless business
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Ericsson wins auction to buy Nortel wireless business
...partner; for employees who will have new opportunities at Ericsson and for many of our other stakeholders," said Nortel President and Chief Executive Officer Mike Zafirovski, in a statement announcing the deal. Ericcson CEO Carl-Henric... http://www.itworld.com/business/72486/ericsson-wins-auction-buy-nortel-wireless-business
Nortel Meets Reduced Expectations, Cuts 5,000 More Jobs - IT Channel - IT Channel News by CRN and
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Nortel To Capitalise On Growth In Video Bandwidth
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GVL5-20091008.5