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Nortel unveils new strategy at Investor Technology Day

Nortel Networks Inc. today outlined plans to meet increasing demand for the new era of communications, where anythi...


May 9, 2007  


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Nortel Networks Inc. today outlined plans to meet increasing demand for the new era of communications, where anything that can be connected will be connected, through a strategy it calls Hyperconnectivity.

Nortel president and CEO Mike Zafirovski described it as is a trend which encompasses person-to-person communication, person-to-machine and machine-to-machine. He added that it is also fueling huge increases in bandwidth demand because of the complexity, diversity and integration of new applications and devices using the network.

During the companys Investor Technology Day in Ottawa, Zafirovski discussed how customers such as BT, Craig Wireless, Kroger and the New York Times are using Nortel technology to drive real business advantages.

Nortel has aligned its R&D strategy to address three key industry battles: 4G mobile broadband, Carrier Ethernet and Unified Communications.

“Hyperconnectivity is happening today, said Zafirovski. To businesses this can mean massive productivity gains, new ways of conducting business, even new revenue sources.”