19 Quotes by Mike Zafirovski

We have an unwavering commitment to be among the top companies in the world in corporate governance and business and financial controls.

We have identified services as one of the key strategic areas to drive our business momentum and growth. We are expanding what is already a robust collection of services offerings.

Now we are ready for the next phase. We have our sights squarely focused on restoring Nortel's credibility, executing a winning plan for profitable growth and recapturing Nortel's position as a great company.

I have found a deep sense of commitment and pride from the Nortel employees and I am excited by the energy generated for our business transformation, integrity renewal and growth activities. I also want to thank our employees and leadership team who have continued to execute with a passionate customer focus in the face of many challenges over the last several years.

I don't think it is an exaggeration to say you have helped save Nortel.

Our priority is to have accurate financial information. Although the need to restate certain financial statements is unfortunate, it's the right thing to do. This revenue is real -- it was recognized in the wrong periods. The restatements do not affect the company's cash position.

Resolving these important issues will enhance the company's ability to focus on our transformation and renewal priorities and our customers.

We have a very tall mountain to climb.

We have a team currently conducting a full review of our R&D priorities and investment areas. You can expect us to continue to share details related to R&D prioritization as decisions are made over the next 12 months.