ZTE OPENS U.S. HEADQUARTERS; NORTEL CITES MARKET THREAT

摘要

While Nortel Networks CEO Bill Owens fielded questions from analysts last week about how the company would defend itself from the cutthroat pricing of rival vendors from China, one of those vendors, ZTE, was roping in a major contract in one of Nortel's most prized markets (Asia) and making a push into Nortel's own North American backyard.