
(NAMC) - Nortel's (NYSE:
NT) President and CEO Mike Zafirovski made the world aware that they are entering into a new business and have begun focusing on driving market share in super-fast Ethernet networks essential to handling the coming growth of bandwidth- hungry video applications.
Nortel's strategic initiative - Metro Ethernet Networks - will be led by Philippe Morin as president. This initiative will offer innovative Ethernet portfolios designed to deliver high quality, reliability and security.
Nortel's Metro Ethernet Networks 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 fibre- optic networks and metro networks serving consumers and business. In addition, Nortel's Metro Ethernet Networks will focus on wireless capabilities, using its Metro Ethernet solution to ensure such applications as high-bandwidth video provide real-time speed and quality to mobile devices.
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