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Web links for organizations mentioned can be found Telecom Links . Montage President Steve Byrne will head the new operating division. Nortel COO Clarence Chandran, widely viewed as a leading candidate to be the company's next CEO, has resigned from the company and its Board for medical reasons. Nortel has begun a search for a successor to John Roth, who will retire as CEO next April. ESP Media, a Montreal company that sold ad-based wireless to the youth market, has run out of money and ceased operations.