Nortel Networks Corp. today formed a new business unit called Metro Ethernet Networks that will focus on fast Ether...
May 16, 2006
Nortel Networks Corp. today formed a new business unit called Metro Ethernet Networks that will focus on fast Ethernet networks capable of handling a myriad of bandwidth-hungry applications.
“Nortel’s future depends on our continued leadership in innovation and with our new Metro Ethernet Networks we’re bringing our best technologies together, backed by an initial incremental investment in R&D,” said company president and CEO Mike Zafirovski. “
“With IPTV, IMS and other applications evolving quickly, service providers will face huge bandwidth challenges across all networks — wireless, wireline and cable.”
Nortel said its new business strategy is based on the increasing reliance on Ethernet as the standard protocol for both LAN and WAN communications to break the bandwidth bottleneck between high-speed fiber-optic networks and metro networks serving consumers and business.