MANHASSET, N.Y. Aiming to strengthen its role in converged network applications, communications company Nortel Networks Corp. has reorganized itself into two major product groups to better meet the needs of global enterprise and carrier customers.
Under chief executive Bill Owens, Nortel (Toronto) went through a major restructuring
over a year ago, and has since then continued to reshuffle its management. The company expects its new structure to reap cost efficiencies by leveraging common hardware and software platforms.
"Convergence is here and now, and our enterprise and carrier customers are demanding partners who can deliver enterprise innovation on carrier-grade platforms. With our carrier and enterprise capabilities, Nortel is uniquely positioned to deliver on this," said Owens in a statement.
The new alignment includes two product groups each led by its own president-- Enterprise Solutions and Packet Networks led by Steve Slattery, and Mobility and Converged Core Networks led by Richard Lowe. With the Mobility and Converged Core Networks organization, Nortel is consolidating its mobile businesses and combining them with critical core network technologies, reinforcing the wireless market as a vital element of current and future revenue growth.
To heighten Nortel's customer response and speed deployment of products and technologies, Nortel is also forming four region-based teams to address the most promising business opportunities, as well as to create market solutions and business arrangements tailored to individual customer requirements. These teams will be led by Steve Pusey, executive vice president, Nortel and president, Eurasia; Dion Joannou, president, North America; Robert Mao, president and chief executive officer, Greater China; and Martha Bejar, president, Caribbean and Latin America and Emerging Markets Strategy.
To meet global demand for managed services, Sue Spradley, president, Global Services and Operations, will continue to provide single point of contact solutions to enterprise and carrier customers worldwide.