Nortel CEO Announces New Focus & Strategy

As part of its business strategy, Nortel is executing on plans to increase investment in key areas, partner in others, and divest where there is no path for it to lead or realize attractive returns. “Nortel is sharpening its focus on the markets in which we intend to lead,” said Mike Zafirovski, president and chief executive officer, Nortel. There are three core elements of Nortel’s strategic focus — next-generation mobility, enterprise transformation, and services and applications. Much like its partnership with Microsoft announced in July, this is another key step in changing the trajectory of Nortel’s business.

 “With next-generation mobility, we see an opportunity to change the game by applying our networking expertise and technology innovation to significantly alter the economic paradigm of mobility solutions in the future,” said Zafirovski.

Nortel remains committed to mobility and wishes to lead the 4G evolution as a player in the mass market adoption of mobile video and multimedia services. As part of its ongoing mobility business, Nortel will continue to develop and support solutions for the evolution of GSM access and core, GSM-R, GPRS and EDGE technologies as well as CDMA access and core and UMTS core. For more details, visit: www.nortel.com

As part of its business strategy, Nortel is executing on plans to increase investment in key areas, partner in others, and divest where there is no path for it to lead or realize attractive returns. “Nortel is sharpening its focus on the markets in which we intend to lead,” said Mike Zafirovski, president and chief executive officer, Nortel. There are three core elements of Nortel’s strategic focus — next-generation mobility, enterprise transformation, and services and applications. Much like its partnership with Microsoft announced in July, this is another key step in changing the trajectory of Nortel’s business.

 “With next-generation mobility, we see an opportunity to change the game by applying our networking expertise and technology innovation to significantly alter the economic paradigm of mobility solutions in the future,” said Zafirovski.

Nortel remains committed to mobility and wishes to lead the 4G evolution as a player in the mass market adoption of mobile video and multimedia services. As part of its ongoing mobility business, Nortel will continue to develop and support solutions for the evolution of GSM access and core, GSM-R, GPRS and EDGE technologies as well as CDMA access and core and UMTS core. For more details, visit: www.nortel.com

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