Nortel Networks Corporation manufacture an assortment of communication systems, and might be best known for its range of Nortel phones. This piece looks at the recent history of this worldwide company, and indeed what aspects lead to its successful position.
Based in Canada, Nortel Networks was started in the French area of the nation in 1895. Before this it was given the name Northern Telecom Limited – and is frequently referred to as simply Nortel. Phones are what the firm has been primarily known for, and it has been manufacturing them as well as with associated equipment, ever since it began.
Nortel phones and equipment have been purchased by businesses and offices of all kinds, as they have been developed especially for the requirements of commerce. As such they make communication easy between inside offices as well as clients, customers and other people associated with the business.
The firm has recently been badly affected by the global downturn and with this in mind it has seen its revenues falling. This year, like many other firms, Nortel began to get what are known as ‘stalking horse bids’ for certain parts of its firm. It took the decision to discontinue the WiMax arm, which it had started with a company called Alvarion. The entire Nortel phones and communications firm is very likely to keep being fairly strong though, as many other firms are looking to buy parts of the business.
Also this year, an Israeli company called Radware made another Stalking Horse bid for a product called the Layer 4-7 application delivery service. Nortel had bought the company in 2000 from Alteon WebSystems. In more recent times, in June 2009 to be exact, Nortel phones and its associated arms received a ‘stalking horse bid’ for Nortel – namely for its CMDA and LTE businesses. CMDA is an abbreviation for Code Division Multiple Access – a cool name for a technique used by radio communication technology companies.
In spite the firm’s difficulties, Nortel phones are too well known and are widely used to prevent being a notable player in international business communications. Having had such a great deal of experience in the sector, it is not terribly likely that this aspect of high end development will be allowed to disappear. It is the case, however, that other communications firms will attempt to take the upper hand in the situation and attempt to buy a many of Nortel phones’ possessions as possible.
Time will tell how well the firm does, but it looks like a lot of offices and firms around the planet will be keeping an eye out to see what happens, as they will all probably need to have their Nortel phones repaired or serviced at some point, and they will want to know precisely who is going to be in the situation to maintain and update these long established pieces of equipment.