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Nortel Networks

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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 pr

. . .
t with DaimlerChrysler Aerospace which will enable Nortel to hold a 58 percent interest in a joint venture with DaimlerChrysler (the joint venture is known as DASA). The joint venture will service enterprise data products in Germany, and represents a significant business opportunity for Nortel. Also in late 1999, Nortel entered into an agreement with Aerospatiale Matra providing access to the French market. Nortel will hold a 55 percent interest in this joint venture, which includes professional mobile radios. Products The company's recent performance in key product areas has been strong. In 1999, the optical Internet business segment grew by more than 80 percent driven by the high level of consumer demand. Such growth is to be expected in the industry segment as a whole since demand for Internet service is growing throughout the economy, and Nortel is well-positioned to take advantage of the growth and did so by moving into the dominant market share position. In addition, the company continues to be successful in the high-speed Internet access market. It is able to succeed in this market because it offers a variety of options to its consumers, including copper, cable and wireless technologies. Competition In the serv
. . .

Some common words found in the essay are:
Price History, Company Nortel, Qwest Teligent, Aerospatiale Matra, Internal Operations, Dividend Policy, Company Performance, Canada Nortel, Ericsson United, BCE Nortel, access lines, business segment, service provider, joint venture, nortel networks, provider carrier segment, carrier segment, provider carrier, service provider carrier, network access lines, network access, 1998 1999, enterprise segment, business segment include, fixed access lines,
Approximate Word count = 2262
Approximate Pages = 9 (250 words per page)

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