Former CEO: Mike Zafirovsky
Status: Out of business as of 2009
Nortel is a global communications solutions provider for telephony products and has served customers for over 100 years. The company was founded on its ability to provide telecommunications equipment to Canadian businesses. Nortel has expanded its product and service offering to include multi-service Internet and IP-based communications solutions.
Nortel is a leader in terms of innovation. The company has made its mark on the world by introducing the first cellular telephone system in North America that offered consumers advanced features such as call waiting, call forwarding and three-way calling. The company also implemented speech-recognition technology into a billing system to automate collect calls and calling card calls.
Later in Nortel’s career, the company introduced the world’s first one–megabit modem for 24 hour Internet connections. Networking speeds increased to 6.4 trillion bits per second with the introduction of optical technology. Optical technology enabled a single fiber to support 28 million Internet connections simultaneously. To further display their dedication to innovation, the global leader also installed the world’s first commercial 3G wireless network in Spain.
Working at Nortel
Working for Nortel, employees will be a part of the team that strives to remain on the leading edge of technology. As an employee, you will be surrounded by intelligent co-workers and people that want to be a part of technological advancement.
Careers at Nortel can be rewarding. In terms of salary, benefits, growth opportunity and work-life balance, this company excels. Though the company has experienced some difficulty, they continue to provide opportunities for their employees. Nortel employees value the exposure to advanced technology and the company''s focus on innovation.
Historically, Nortel has focused on “Acting with Integrity,” as evidenced by a corporate code of conduct that was produced in the late 90s. Recently, Nortel has revisited these values to remind their business partners, employees and vendors that amidst some financial struggles, the company remains dedicated to its foundation of conducting business ethically.
The new code is entitled,” Living the Values: A Guide to Ethical Business Practices at Nortel Networks.” As Nortel evolves to improve its business practices, this guide will act as the cornerstone of the company’s corporate philosophy. Re-introduction of the code will remind the corporation of the principles of their initial success.