Nortel Resurgent, Zafirovsky Upbeat

According to a report from the CBC, Nortel’s CEO Mike Zafirovsky is positively bullish on his company’s future, pointing to the fact that Nortel is once again in hiring mode in Ottawa.

“We stopped for awhile. Now we’re back at it,” said Zafirovski at a breakfast put on by the Ottawa Centre for Research and Innovation.

Zafirovski pointed to the recent unified communications pact that Nortel struck with Microsoft as proof that the company is in the throes of a resurgence.

“We’re putting the foundation in place. And again, that’s all going to drive toward having innovation to be the fuel that’s going to put Nortel where it needs to be and recreate a great company,” he said

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September 29, 2006 12:09 PM