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BUSINESS NEWS.(TO THE POINT)
TECHNOLOGY
Cisco reportedly stiffs Marconi
The networking giant is not in talks to acquire the British telecom gear maker, sources said. Earlier reports had Cisco eyeing Marconi for $17 billion in a move that would have strengthened its foothold in the European telecom gear market. But analysts and investors doubted the proposed deal because it would be inconsistent with Cisco's strategy of buying firms with strong tech products.
Nortel delays unit IPO on outlook
Nortel Networks had planned to spin off its fiber-optic unit this fall. That's been pushed back by at least six months, said CEO John Roth. "There's just no appetite out there for it," he said. The unit makes parts that boost the speed and capacity of fiber-optic networks. Nortel remains No. 1 for fiber-optic gear, but sales slid 52% in the first quarter amid a spending slowdown.
Nortel will sweeten pay packages by replacing 11 million employee stock options with new options priced ...
- Geyser Networks Names New CEO -- John Vice; Ex-Nortel Networks Senior Executive...
- Press release article from: Business Wire January 16, 2001 700+ words
...increasing the return on the network investment." John Vice joins Geyser Networks after a distinguished 19-year career at Nortel Networks. Vice is a seasoned senior executive in the telecommunications industry, with broad experience in general management...
- Nortel Networks' President and CEO John Roth Receives Distinguished Leadership...
- Press release article from: PR Newswire November 19, 1999 700+ words
...President and Chief Executive Officer of Nortel Networks (NYSE/TSE: NT), today accepted...leaders, Mr. Seidenberg praised Nortel Networks for its sponsorship of engineering...These funds will be used to sponsor Nortel Networks fellowships and scholarships for the...
- Nortel Networks Announces Frank Dunn as President and CEO; John Roth as...
- Press release article from: Business Wire October 2, 2001 700+ words
...2, 2001 The board of directors of Nortel Networks Corporation (NYSE:NT) (TSE...Wilson, chairman of the board, Nortel Networks, said: "Speaking on behalf of the...have served to define the modern Nortel Networks as an industry leader and innovator...
- ADVISORY/Nortel Networks Announces Frank Dunn as President & CEO; John Roth as...
- Press release article from: Business Wire October 2, 2001 700+ words
...Assets Available With This Story Include Logos, Photos, Text News Releases --(BUSINESS WIRE) The board of directors of Nortel Networks Corporation (NYSE:NT) (TSE:NT.) announced that Frank A. Dunn, chief financial officer, will succeed John A...
- Nortel Networks John Roth Selected Emerging Markets CEO of The Year By ING...
- Press release article from: PR Newswire October 5, 1998 700+ words
...Oct. 5 /PRNewswire/ - Nortel Networks' vice chairman and CEO John Roth tonight will receive...Awards. On behalf of Nortel Networks' employees, I want to...committee.'' In addition, Nortel Networks has been recognized by...
- Nortel Networks' Roth and House to Deliver Vision of Unified Networks at...
- Press release article from: PR Newswire October 20, 1998 700+ words
...After Bay Merger, Nortel Networks Demonstrates End...NetWorld+Interop'98, Nortel Networks (NYSE: NT/TSE: NTL) vice chairman and CEO John Roth and president...powerful presence by Nortel Networks at Networld+Interop...
- Media Alert - Nortel Networks to Share Vision for ``The Net In Your Pocket''.
- Press release article from: PR Newswire February 8, 1999 700+ words
...Ltd. vice-chairman and CEO John Roth will introduce a new...Mobile Webtone - and reveal Nortel Networks' (NYSE: NT/TSE: NTL...Wireless '99 attendees in the Nortel Networks booth - 3847 Hall D - and...live broadcast coverage of Nortel Networks announcement. The ...
- Nortel Networks Establishes Benchmark for Wireless Network Cost Performance.
- Press release article from: PR Newswire February 11, 1999 700+ words
...Limited vice-chairman and CEO John Roth today established the...broadcast.com). ``Nortel Networks (NYSE: NT/TSE: NTL...Mobile Webtone - and unveiled Nortel Networks' plan for moving operators...traditionally associated with Nortel Networks. ``Mobile Webtone will...