EADS sets up Telecoms Group with EADS TelecommunicationsParis, 21 March 2001 EADS, the European leader in its three sectors of activity, is setting up EADS Telecommunications which will bring together all the different entities within the Group working in the field of civil and military telecommunications. The aim is to provide the Defence and Security markets with telecommunications solutions based on state of the art of civil technologies. EADS Telecommunications: diversity for an all-inclusive dealEADS Telecommunications, set up within the Defence & Civil Systems Division, is based around EADS Defence & Security Networks (an EADS joint venture with Nortel Networks), the spearhead of the Group for telecommunications activities, reinforced by other EADS subsidiaries and others JVs with Nortel Networks:
In addition to these three companies in which EADS has a majority shareholding, EADS Telecommunications will also include two subsidiary companies of Nortel Networks in which EADS has a minority shareholding: Matra Nortel Communications (France) and Nortel Networks Germany, which, each in their respective market, provide a wide range of telecommunications solutions to carriers and enterprises. Key areas of expertise to offer a complete range of solutionsEADS Telecommunications will now combine all the expertise available in the key telecom activities, together with expertise in the management of the core technologies:
Thanks to such expertise, EADS Telecommunications will be in a position to supply its markets with a complete range of telecom solutions, from access and backbone to applications and including network supervision and administration. Furthermore, it will be able to develop its networks to third generation using Internet protocol. EADS and Nortel Networks: two powerful shareholders which complement each otherDue to the collaboration of two powerful partners which complement each other and are both world leaders in their field, EADS Telecommunications will enjoy the advantages of an exceptional synergy:
"These two powerful partners place EADS Telecommunications in a remarkable position to serve the Defence and Security telecommunications markets using civil technologies." states Thomas Enders, member of EADS Executive Committee and head of Defence & Civil Systems. EADS Defence & Security Networks (EDSN), the leading elementAt the heart of the EADS Group, EADS Telecommunications will be managed by EADS Defence & Security Networks (EDSN), the joint venture of EADS (55 %) and Nortel Networks (45 %), which, since June 2000, has been the key element and the focus of creating added value for the Group's telecommunications activity. Jacques Payer, Chairman and Chief Executive Officer of EDSN, is named as the Executive Director of EADS Telecommunications. |
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