Nortel predicts revenue will jump 30% next year

Article Abstract:

Northern Telecom Ltd. is projecting increase of an estimated 30% in revenue for 1999 as it establishes itself as a one-stop shop for telecommunications equipment. Brampton, Ontario-based Nortel, which earlier acquired Bay Networks Inc. in a C$6.9-billion deal, posted a 20% growth in revenue to $15.45 billion in 1997. Nortel vice-chairman and CEO John Roth said growth will be generated by higher sales of wireless products and strong demand by phone carriers for large-capacity equipment for data traffic.

Comment:

Projects an estimated rise of 30% in revenue for 1999 as it establishes itself as one-stop shop for telecommunications equipment

Strategy & planning, Ontario, Northern Telecom Ltd., Article

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Virtual reality helps disabled extend reach: People with special needs get a chance to learn skills, try new experiences

Article Abstract:

Xperiential Learning Solutions Inc. and Toronto developer, Jestertek Inc. is the founder and developer of Experiential Learning Product Suite. Experiential Learning Product Suite uses cameras to capture a person's image and combine it with computer-generated action and is aimed at people with physical, mental or behavioural disabilities.

Canada, New Products/Services, Methods, High technology industry, Education, Disabled persons, Experiential learning, JesterTek Inc.

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Nokia keys in on new market

Article Abstract:

Nokia Corp. released a new mobile phone that promises an easier-to-use alphanumeric keyboard for creating text messages. The 5510 model supports next year's 3rd generation services and is designed for both entertainment and messaging use.

Finland, Communications Equipment, Telecommunications equipment industry, Nokia Corp., NOK

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