Over the years Nortel, Honeywell, Scientific-Atlanta and Siemens all tried--and failed--to devise reliable power line networks.
In 1998 it was Nortel's stock that was punished for failing to live up to expectations.
Lucent, Nortel and Ciena have introduced "metro" products that will bring optical networking to local markets.
Disappointing growth at Nortel has knocked down worthy highfliers like JDS Uniphase and Applied Micro Circuits.
It leads in making the chips in communications gear, supplying rivals Cisco and Nortel.
Lucent runs neck and neck with Nortel as the top supplier of optical gear.
In April, Matthews lured Donald Smith, the president of Nortel's optical broadband unit, to head Mitel.
The announcement comes one day after Nortel Networks said it plans to exit the DSL business.
The Nortel breakthrough underscores the need for genuine deregulation in the entire field of communications.
While Nortel's product suite Succession already performs similar functions, some analysts consider Lucent's offering more comprehensive.
Lucent and Nortel provide nearly all the call-routing hardware and software in North America.
Stephen Pearse, Cyras' CEO, is a former Nortel executive who freely raids his old employer.
North American telecommunications company Nortel Networks is to create 1, 300 new jobs in Northern Ireland.
Office Depot, Fidelity, Chrysler, American Airlines, Sony and Nortel all train employees via the Web.
Stephen Pearse, Cyras' chief executive, is a former Nortel executive who freely raids his old employer.
And so far the market hasn't warmed to the idea: Nortel's stock is off 12%.
Previous targets of Chinese hackers have included the U.S. Chamber of Commerce and Nortel Networks Ltd.
This is the explanation for these various bids for the Nortel, IBM, Motorola Mobile, patent stashes.
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Nortel filed for bankruptcy protection at the start of the year and are restructuring their business.
Nortel's massive loss is mostly made up of huge restructuring charges due to acquisition write-offs.
"Our priority is to have accurate financial information, " Nortel chief executive and president Mike Zafirovski said.
Yet Nortel and Lucent are close to optical advances that will require better fiber than ever before.
But analysts wanted Alcatel to get into data-networking technology, where Lucent, Nortel and Cisco rule the roost.
He says he will spend 10% of Nortel's market cap--every year--to buy the new technology he wants.
Roth also wants Nortel in the undersea-fiber business in a big way, possibly creating new service providers.
Nortel said it was more than doubling its global optical internet capacity over the next three months.
Nortel had been signed up as one of the main sponsors and the Games' official telecoms provider.
Bay's head, Dave House, a veteran of Intel, is already installed as Mr Roth's deputy at Nortel.
Lucent and Nortel are able to pump 10 trillion bits a second through just one fiber wire over short distances.
Former-controller Michael Gollogly and ex-assistant controller MaryAnne Pahapill were the other Nortel executives charged by the SEC.
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