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Re: Meet The Candidates: 2012 GOP Thread
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Originally Posted by NC_Skins
Also, I would say back in 2000 or 2001, Cisco wasn't the giant that it is today. Nortel and other companies were heavily involved in the technology industry as well.
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Incorrect. In 2000 Cisco was the most valuable company in the world with a market cap of $ 500B, in 2009 its market cap was $ 108B.
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Unfortunately for Nortel, their main technology (legacy phone systems) has all but died out and VoIP is rapidly replacing it.
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Still a great deal of TDM systems out there, with the Avaya acquisition of Nortel and the economic difficulties of the last few years, many existing TDM systems will be migrated to hybrid (VoIP & TDM) systems rather than replaced by Cisco VoIP.
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11-07-2011, 10:17 PM
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