I don’t think it is an exaggeration to say you have helped save Nortel.

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.

There’s a sense of confidence and optimism about the future.

Now we are ready for the next phase. We have our sights squarely focused on restoring Nortel’s credibility, executing a winning plan for profitable growth and recapturing Nortel’s position as a great company.

As we head into a new chapter in Nortel’s history, our global headquarters will reflect both the proud heritage of Nortel and the exciting journey that lies ahead. As well as being home to many...

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...

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...

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...

Today’s agreement in principle is an important milestone for Nortel. We continue to work vigorously on the implementation of our remediation plan and addressing our outstanding regulatory matters. In addition, we continue to improve our...

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 very tall mountain to climb.

I have found a deep sense of commitment and pride from the Nortel employees and I am excited by the energy generated for our business transformation, integrity renewal and growth activities. I also want to...

This is intended to be a growth story and will be a growth story. So though we may be exiting some activities … we will be reinvesting in places we’re going to win.

This appointment marks my commitment to maintaining Nortel’s technology and innovation leadership. George’s extensive knowledge of telecom and technology combined with his business acumen, strategic orientation and M&A experience will complement our strong leadership team...

We have an unwavering commitment to be among the top companies in the world in corporate governance and business and financial controls.

Resolving these important issues will enhance the company’s ability to focus on our transformation and renewal priorities and our customers.

This revenue is real – it was recognized in the wrong periods.

I am pleased that my full focus can now be applied to accelerating Nortel’s business momentum.

Our priority is to have accurate financial information. Although the need to restate certain financial statements is unfortunate, it’s the right thing to do.