Nortel Networks Corporation

Nortel Networks Corporation (Nortel) is a global supplier of networking solutions serving both service provider and enterprise customers. Nortel’s networking solutions include hardware and software products and services. It designs, develops, engineers, markets, sells, supplies, licenses, installs, services and supports these networking solutions worldwide. Nortel operates in four segments: Mobility and Converged Core Networks (MCCN), Enterprise Solutions (ES), Metro Ethernet Networks (MEN) and Global Services (GS). On December 31, 2006, Nortel completed the sale of its universal mobile telecommunications systems (UMTS) access business to Alcatel-Lucent. On February 24, 2006, it acquired Tasman Networks. During the year ended December, 31, 2006, Nortel completed the divestiture of substantially all its remaining optical, wireless and enterprise manufacturing operations, and related supply chain activities to Flextronics Telecom Systems, Ltd.

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