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Nortel Networks

Nortel Networks is a Canadian company originally founded in 1914 as an electric company in Ontario. Over the years, the company was allied with Bell Canada, and became Northern Telecom Limited in 1976. Two subsidiaries were merged with the parent company in 1982, and the company changed its name to Nortel Networks (in English) and Corporation Nortel Networks (in French) in mid-1999. The company continues to be based in Canada, but it is traded on the New York Stock Exchange (in American dollars) and on the Toronto Stock Exchange (in Canadian dollars). All figures quoted in this research are quoted in American dollars. This research considers the recent performance of the stock, the company's performance, and whether Nortel Networks represents an attractive investment.

At this point, Nortel is a leading supplier of networking products and services that support voice, data and video transfer using both wireless and wireline technologies. The company has operations throughout the world, and revenues in 1999 in excess of $22 billion. The company is concentrating its efforts on building the infrastructure that supports the Internet, with an emphasis on cutting edge technology. Nortel has divided its operations into two business units based on the target markets served by each: service provider and carrier segment, and enterprise segment.

The service provider and carrier segment focuses on customers who provide Internet access (service provider) and telephone (and similar) companies. Products in this area feature multiplexing networking products, high-end packet switching platforms using asynchronous transfer mode technology, wireless voice and data networking solutions, and software to manage Internet infrastructure products. Key customers in this business segment include local exchange carriers, cable television companies and Internet service providers. In 1999, MCI Worldcom and Sprint were the company's largest customers...

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Nortel Networks. (1969, December 31). In LotsofEssays.com. Retrieved 06:00, March 29, 2024, from https://www.lotsofessays.com/viewpaper/1694282.html