Unfortunately, this was a necessary next step for us to achieve renewal and stay competitive in today's dramatic business environment, particularly given the current slowdown in the economy. |
We have a team currently conducting a full review of our R&D priorities and investment areas. You can expect us to continue to share details related to R&D prioritization as decisions are made over the next 12 months. |
We have a very tall mountain to climb. |
We have an unwavering commitment to be among the top companies in the world in corporate governance and business and financial controls. |
We have identified services as one of the key strategic areas to drive our business momentum and growth. Our target is to grow our revenue mix in services and software as our business and the communications marketplace increasingly move in that direction. We are expanding what is already a robust collection of services offerings. |
We have identified services as one of the key strategic areas to drive our business momentum and growth. We are expanding what is already a robust collection of services offerings. |
With his experience at GE, AT&T, The Home Depot and Motorola, Dennis brings to Nortel an impeccable business pedigree. As I continue to strengthen the Company's leadership team, it's critical that we have individuals with global business experience working for world-class companies. Dennis will play a key role in driving the cultural and business transformation at Nortel that will be essential to the Company's future success. |