Nortel Gets Hyperconnected

Nortel outlines plans to meet increasing demand for the new era of communications, where anything that can be connected will be connected

May 9, 2007

1 Min Read

OTTAWA -- During today's Investor Technology Day, Nortel(1) (Toronto:NT.TO - News)(NYSE:NT - News) outlined its plans to meet increasing demand for the new era of communications, where anything that can be connected will be connected. Nortel President and CEO Mike Zafirovski presented a comprehensive strategy to lead this next era by delivering innovations that address the key challenges of Hyperconnectivity.

Hyperconnectivity is a trend which encompasses person-to-person communication, person-to-machine and machine-to-machine. It is fueling huge increases in bandwidth demand because of the complexity, diversity and integration of new applications and devices using the network.

"We have focused our R&D efforts on specific high-impact areas where we have the potential to lead. Our strategy will allow us to leapfrog our competition and deliver game-changing innovations that give our customers powerful, world-class technology that improves their performance and bottom line," said Zafirovski. "This will allow us to win new customers and drive long-term revenue opportunities."

Zafirovski discussed how customers like BT, Craig Wireless, Kroger and the New York Times are using the latest in Nortel technology innovation to drive real business advantage.

Nortel has aligned its R&D strategy to address three key industry battles: 4G mobile broadband, Carrier Ethernet and Unified Communications. Nortel will continue to develop technologies and invest in R&D efforts designed to drive the Company's leadership in building powerful networks of the future while making daily communications and business processes richer, more dynamic and connected.

"Nortel is an industry leader in this new era of communications that promises a rate of technology innovation far surpassing any other era in recent history," added Zafirovski. "Hyperconnectivity is happening today. To businesses this can mean massive productivity gains, new ways of conducting business, even new revenue sources."

Nortel Networks Ltd.

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