Nortel unveils $150 million R&D plans

Nortel unveils $150 million R&D plans


Nortel Networks yesterday announced plans to raise its Australian research and development investment to $150 million over five years.

Wollongong University is one of the main benefactors of the commitment, with Nortel announcing it will extend the University's Nortel Networks Technology Centre to include a Wireless Internet R&D facility.

The company is also committed to a number of investments in "outsourced and collaborative programs" and other Australian R&D and export initiatives it claims will create around 130 jobs.

The Wollongong facility is primarily designed to focus on developing user-driven wireless Internet data applications, conducting research into wireless IN (Intelligent Networks) and investigating the impact of high-speed data on such wireless platforms as GSM and CDMA.

Reg Bird, president, Nortel Networks Asia South Pacific, said: "This five-year commitment is a significant increase on the three-year, $80 million investment we announced last year."

Bird also reaffirmed the company's commitment to $600 million in exports for the five-year timeframe.

Michael Egan, NSW Minister for State Development, attended the official launch in Wollongong yesterday and championed the addition of around 100 jobs to the Illawarra area.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


Show Comments