Nortel CEO Revamps Plans On Development Spending.

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Subject Terms:
      NORTEL Networks Corp. 032986593 NT
    • Subject Terms:
      ZAFIROVSKI, Mike S.
    • Abstract:
      The article focuses on the efforts of Nortel Nertworks Corp. CEO Mike Zafirovski to increase development spending on several technologies while dropping or scaling back nine product programs in the U.S. Significantly, six product initiatives have been cancelled and three will be reduced in scope. Zafirovski is setting up a unit focused on metropolitan-area networks and that he plans to devote additional funds to the development of WiMax products. The author assesses the development plans and programs of the company.