Word: nortel
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...years. One human year is equal to seven Internet years. Even the folks at Cisco admit that in this technological revolution they will have to maintain a state of perfect paranoia to stay ahead. Cisco is facing tough competition in the telecom-equipment business, where longtime powerhouses Lucent and Nortel enjoy established expertise and relationships with key customers. "It's one thing to build a network the size of a corporation," says a skeptic, Nortel ceo John Roth, "but it's another to build one the scale of a whole nation...
...preaching the gospel of the network to a packed, 8,000-strong congregation of the converted. We have made great strides, Chambers drawls in his West Virginian birch-beer-sweet voice, but we need to be ever vigilant, for around the corner, right outside this hall, lurks the enemy--Nortel, Lucent and start-up companies we've never heard of, jesters who would steal our cybercrown...
...successful in its other bold strategy: a march into the telecom business, where it will face a whole new level of well-entrenched competition. The $250 billion-a-year telephone-equipment business is where giants like AT&T's equipment-making spin-off, Lucent, and Canadian counterpart Nortel have built powerful, decades-long relationships with telephone companies and service providers. As voice and data networks converge--and data come to account for more than 90% of network traffic--Cisco has boasted that its networks, which are predominantly data or IP (Internet protocol) networks, will also become the leading voice networks...