Nortel Networks Creates 2,000 Jobs in Europe
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[June 19] Nortel Networks said Monday that it will create 2,000 new high-technology jobs in Europe before the end of the year.
Already employing 20,000 people in 33 European countries, Nortel Networks is to build two new Wireless Centers of Excellence in Spain and Germany and open two high performance Internet laboratories in Norway and Sweden.
In addition, the company says it will allocate $3.3 million in university scholarships to train the next generation of Internet leaders. The money will go to universities in the U.K., France, Germany, Italy and Spain from September 2000.
Speaking about Nortel Networks' decision to add more wireless centers besides those already established in the U.K., France and Italy, Clarence Chandran, president of the company's Service Provider and Carrier Group, said it was because the third generation of wireless networks was beginning to be implemented.
The new funding for scholarships will be provided via the Nortel Networks Foundation, an institution founded to support existing science, mathematics and technology education programs.
With European customers that include BT Spain, BT Cellnet, France Telecom, Deutsche Telecom, and Global Crossing, Nortel Networks is playing a key role in developing the Internet in Europe. It recently announced its global Wireless Internet headquarters in Paris and has plans to open two more Wireless Internet Centers of Excellence in Spain and Germany.