Company Overview
Nortel Networks is a global telecommunications equipment and services company. The company was founded in 1895, and it has been publicly traded since 1902. It offers products and services for wired and wireless networks, including voice over IP (VoIP), data networking solutions, security systems, unified communications solutions and cloud computing services.
Nortel Networks’ stock symbol is NTI; its website is www.nortelnetworks.com
Financial Performance
The revenue of Nortel Networks has been increasing every year since 2002. In 2003, it was $9.6 billion; in 2004, $10.5 billion; in 2005, $12.1 billion; and in 2006, $15.7 billion (source: Nortel Networks).
Nortel Networks has been profitable since 2000 and its profit margin was over 30% until 2006 when it started to decline due to higher costs of sales and research & development expenses as well as lower gross margins due to lower prices charged by competitors (source: Nortel Networks).
Founders and Employees
Nortel was founded by two brothers, Brian and Mike Bregman, who were later joined by their cousin Joel Bregman. The three of them started Nortel in Toronto in 1895 as a small telecommunications company that would later become one of the largest telecommunications companies in Canada.
Nortel Networks employed over 100,000 people worldwide at its peak and had offices across North America and Europe.
Products and Services
Nortel Networks offers a variety of products and services, including the following:
- Nortel Networks’ website address is http://www.nortelnetworks.com/.
Company Address, Phone Number, and Email
Nortel Networks
Address:
3004 St. Laurent Blvd., Suite 500 Montreal, Quebec H4A 3N2 Canada
Phone Number: 514-866-6100
Email Address: [email protected]
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Source : Google
Editor by : Softwarehubs
