Both these honors acknowledge some very hard work by members of the Nortel Networks team over the past 30 years. During that time, we were transformed from a company mainly manufacturing telephone gear for the Canadian market into a global supplier of communications networks to more than 150 countries. These hold true for any market. Persistence shows you won't be discouraged by minor setbacks, that you won't give up easily, and will not take no for an answer. You'll find a better solution instead.
Patience is crucial because decisions in emerging markets take time to make and bear fruit.
Finally, excellence in Performance is simply table stakes in any marketing effort. Keeping these lessons in mind, we've achieved great success as we became a global corporation. We're improving the linkages to the networked global economy throughout the Caribbean and Latin America - in Chile, Colombia, Paraguay, Guatemala, and Brazil, where we're developing a strong presence in the key wireless market. We have a significant presence in Central and Eastern Europe. Our subsidiary in Turkey, which has been on the go since the 1960s, has been instrumental in delivering advanced networks to new central Asian republics.