Nortel

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Nortel
Tipo Pública
(TSX:NT, NYSE: NT)
Fundación 1895 - Montreal
Sede 195 The West Mall
Toronto (Ontario M9C 5K1)
Canadá Bandera de Canadá
Industria Telecomunicaciones
Productos Hardware, software y servicios para proveedores de servicios de telecomunicaciones y empresas
Ingresos Archivo:green up.png11.420 millones de dólares, (2006)
Empleados 33 760 (2006)
Sitio web www.nortel.com

Nortel Networks Corporation, antiguamente conocida como Northern Telecom Limited y actualmente (2004) reducido su nombre a simplemente Nortel, es una de las mayores empresas multinacionales proveedoras de equipos de telecomunicaciones, situándose su sede en Canadá. El 14 de enero del 2009 anunció que se encontraba en bancarrota.

[editar] Historia

En 1895, Bell Telephone Company de Canadá decidió spin off de su brazo para construir la fabricación de teléfonos para la venta a otras empresas, así como otros dispositivos, como las cajas de alarma contra incendios y cuadros de la calle llamada de la policía y departamentos de bomberos. Esta empresa se constituyó como la del Norte y Electric Manufacturing Company Limited. En 1900, la nueva empresa comenzó a fabricar el primer viento de gramófonos que desempeñan plana discos. En 1913, la empresa principal y de la sede de la fábrica se construyó en Montreal. En 1914, la empresa se fusionó con Imperial Cable del Norte de formar Electric, la co-propiedad de Bell Canadá y los EE.UU. compañía Western Electric. A finales de la I Guerra Mundial, en el norte de Electric se ha convertido en un importante distribuidor de Western Electric aparatos a través de Canadá.

In 1922, Northern Electric started manufacturing radios. In 1928, it produced the first talking movie sound system in the British Empire for a theatre in Montreal. In 1949, an antitrust suit in the U.S. forced AT&T/Western Electric to sell its stake in Northern Electric to Bell Canada. Deprived of its Western Electric tie, Northern began developing its own products. In 1953, Northern Electric produced its first television sets using tubes made by RCA.

In 1966, the company's research lab, Bell Northern Research, started looking into the possibilities of fibre optic cable, y en 1969, began work on digitizing telephone communications. Also in 1969, Northern began making inroads into the U.S. market with its switching systems. In 1972, it opened its first factory in the U.S. in Míchigan. In 1975, Northern began shipping its first digital switching systems, one of the earliest such systems to be sold.

En 1976, el nombre de la compañia fue cambiado a Northern Telecom Limited, y su adminitración anunció su intención de concentrar los esfuerzos de la compañia en la tecnología digital.

Como Nortel, the streamlined identity it adopted for its 100-year anniversary in 1995, the company set out to dominate the burgeoning global market for public and private networks.

As Nortel Networks, the name that evolved after the 1998 acquisition of Bay Networks, the company re-engineered itself into an Internet communications business, offering complete solutions for multiprotocol, multiservice, global networking.

In the late 1990s, stock market speculators, hoping that Nortel would reap increasingly lucrative profits from the sale of fibre optic network gear, began pushing up the price of the company's shares to unheard-of levels despite the company's repeated failure to turn a profit. Under the leadership of CEO John Roth, sales of optical equipment had been robust in the late 1990s, but the market was soon saturated. When the speculative telecom bubble of the late 1990s reached its pinnacle, Nortel was to become one of the most spectacular casualties.

At its height, Nortel accounted for more than a third of the total valuation of all the companies listed on the Toronto Stock Exchange (TSX), Canada's largest. Nortel's market capitalization fell from C$398 billion in September 2000 to less than $5 billion in August 2002. Nortel's stock price plunged from C$124 to $0.47. When Nortel's stock crashed, it took with it a wide swath of Canadian investors and pensión funds, and left 60,000 Nortel employees unemployed. CEO John Roth retired under controversy to be succeeded by former CFO Frank Dunn. Despite some initial perceived success in turning the company around, he was fired for cause in 2004 after being accused of financial mismanagement. Bill Owens then took over as the CEO, and was most recently succeeded by Mike S. Zafirovski.

In late 2004, the "Networks" was dropped, and the company is currently known simply as Nortel. As of October 25 2005, the corporation stated its plans to cease operations at its Brampton, Ontario campus, relocating head offices to other locations in the Toronto area. On December 20 2005, Nortel announced the return to Toronto, Ontario, with the new global headquarters to be located at 195 The West Mall.

[editar] Enlaces externos

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