Tuesday, October 18, 2005

Nortel's new chief a 'natural fit', says analyst


With the announcement of a new person at the helm of Brampton, Ont.-based Nortel Networks Corp., analysts believe the company is shifting gears and moving forward to strengthen its hold in the increasingly converging IT and telecom markets. The departure of Nortel president and CEO Bill Owens may be less of an indication of his leadership strength, but more of a signal that Nortel is now "focused on growth and revenue, and leveraging technology," according to Roberta Fox, senior partner, Markham, Ont.-based Fox Group Consulting.

[IT World Canada: Daily IT NewsWire]


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