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Nortel is create by Bell Canada just to built fire arlam and boxes. It is located in Monteral. It is called Northern Electronics. It started like some other companies just to increase profits.
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Northern aqurie a cable company and a wiring company. This was a the growing stages of Nortel
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Nortel reinvented the music player that was invented by Thomas Edision. Like Edision fame and forture, Nortel did become the same thing
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In 1914, North Weterns is merged with some Americans company. Nortel is both candian and American( General Electric which owned AT&T). Bell owned 50% which General Electric owned 40%
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Northern help Canada's world war one efort by suply thngs that was need by the military. There profits soared above there shares
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After the war was over, Northern help the canadian household by suplying appliance. This help them boom by focusing on People needs
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During the golden Era of the world. Bussiness soared and people where happy. People were getting hire from alot and so did the bussiness
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The effect the company by a lot. It reduce there staff by 66%. This was suppose to be the ending of Nortel
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But, they invented new product that reach the market.
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One way was to design a telopline that will go through all the major cities at that time. It was like the Grand Pafic Railway
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Northern Electric devolp the 205 telephone, mordern phone are based on this model. People wanted it and more money in Notrel Pokects.
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Northern open an R&D place in Montreal and this will impact ottawa in the future. There later aqquried land in Ottawa and the rest is history.
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In 1939, World war 2 broke out, Northern turned it into factories and that helping the country. It manufacture about 30,000 tanks, increase there staff up to 8,000 people and provide canada sercret weapon
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Northern was part of AT&T at that time. The American goverment forced them to get rid of their Subteriasis. Northern is fully owned by Bell
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Northern works in ctromechanical switching, allowing push-button phone dials and direct inter-city dialing.this automated system is the company's first advancement towards computerized switching.
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The tv industry grow and Northern realize to make it this will help them
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Notrel open a lab in Ottawa in R&D, it starts as a 800 people and grows as more people move into Kanata and more product devolp and make it different from other goverment town. The devolpment made Kanata attractive to a lot of people and Orginazation like the Ottawa Senators
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Nortel become popular because of its fibro-optic, this help the company as the progress. fibro-optic became important in the 90s
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Nortel idea in the digital future became important as they tried to compete with other American-companys
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The employes at nortel start realing on there on products just to boom. This required the best people in Ottawa. It will help attract customers that created this demand.
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Nortel start booming with people employed from local university and there profits went out of the roof. More poeple were hired and more people wanted shares to make money
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Bell combine all three company. This lead to them running all of it
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On 1984, two former employer, Terry Mattew and Micheal Cowpland found mitel and it became an instant succes. Both of them are from England who migrated to Ottawa then got employed for jobs in Notel.After they left Mitel, they both formed more companies which lead to the boom of the tech parks built in Kanata which made soon the " Silicon Valley of the North". This lead to changes and devolpment in other industries. Both of them are still working.
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On that day, John Roth took over CEO and Nortel saw its very big boom. It generated over $328 billion dollars and made Canada in the tops market in the World. There are simmliar boom with some of the same companies in Ottawa into the ranks. He left after Controversity with the Stock Market.
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This day prove that nortel is a big company. it provide service and Ottawa was a city with money making everyway. People feared of the price rasing and the expensions of tech park all over ottawa. Nortel has over $398 billion and 95,000 people working world wide including 24,500 people in Ottawa. This lead to the polsibility of a brighter future under the sun
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In 1998, Northern aquried bay networks and that forced to change there nay to Nortel.
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Nortel use to have the fast internet in the world which put them into the ranks of Microsoft and the banks in the world.People wanted Notrel and it was growing.
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On this day,the econmy change by losoing money. It use to be where money was spend crazies by when the bubble burst only small companies servies. It effected ottawa Companies like JDPU Which they moved to California. This did effect Nortel because of overspending. This lead to stopping the growth of the citiy which they still have like there expensive Housing prices or that Lamourgini .
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This period reduce there workers by 60,000 and there profits were less then $5 billion dollars. This solwed the housing devolping in Kanata north. People moved to other places. Ottawa became a cheaper places. More Companies move to California. People becoming Bankrupt and more people wanted to work in in the goverment jobs. With the Canadian Dollars rising assmebly lines moved to China
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On this day, Ericcson bought nortel most valuebale peice for $1.13 billion dollars. This layed of some people and so did other aquirsation by other comapnys effect Kanta
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On this day the remanding campus was sold to the goverment of Canada. This will be expenticting another housing boom in Kanata north and new devolpment in kanata
