Excerpt from update:
Recent Business Highlights
Market Inroads
Sustained success in 3G CDMA with a two-year supply agreement announced for 1xEV-DO with Verizon Wireless;
First commercial UMTS (Universal Mobile Technology System) launched in North America with AT&T Wireless using Nortel Networks core and radio access UMTS solutions;
VoIP leadership position confirmed by industry analysts and recent contracts with a four-year frame agreement for Warid Telecom's next generation network for Pakistan, building on announcements with Verizon for a nationwide network evolution to VoIP and Computer Sciences Corporation (CSC) Australia's deployment of a VoIP and data networking solution earlier this year;
Continued momentum with the Multimedia Communications portfolio with announcements with service provider and enterprise customers including Telecommunications Services Trinidad and Tobago (TSTT), Smitcoms and University Hospitals of Geneva;
Broadband Networking momentum was supported by both customer and product advancements including a series of optical wins and deployments in healthcare (Orlando Regional Healthcare, New England Healthcare), education (University of Pennsylvania), service providers (Bell Canada, North Dakota Telephone), and cable operators (R);
Portfolio Enhancements
Portfolio enhancements were announced to build on our leadership in delivering next generation optical networking technology with the Common Photonic Layer, a new DWDM (dense wavelength division multiplexing) optical transport platform designed to enable enterprise customers, cable operators and other service providers to cost-effectively leverage optical networking technology and scalability enhancements across the Optical Cross Connect HDX switching platform;
Multiservice Provider Edge Switch launched to provide carrier grade reliability at the edge of the network;
Business Partnerships and Efficiency
Moving towards completion of a five-year plan to divest substantially all manufacturing activities with the signing of agreements with Flextronics, thereby moving towards a 100-percent variable cost structure for manufacturing;
Announced SIP (Session Initiation Protocol)-based interoperability initiatives with Texas Instruments Incorporated, Uniden American Corporation, Polycom and i3micro for SIP clients, VoIP gateways and IP phones;
Memorandum of Understanding signed for cooperation in development and manufacture of certain TD-SCDMA (Time Division-Synchronous Code Division Multiple Access) products with China Putian Corporation;
Strategic alliance with Avici Systems announced under which Nortel Networks will integrate, sell and support Avici's carrier-class core routers.
Link:http://biz.yahoo.com/bw/040819/195227_1.html |
