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When BCE was created in 1983, Northern Telecom was transferred from a subsidiary of CRTC-regulated Bell Canada to a non-regulated subsidiary of BCE. In 1998, with Nortel's acquisition of Bay Networks, the company's name was changed to Nortel Networks. As a consequence of the stock transaction used to purchase Bay Networks, BCE's holding was ...
In 1998, with the acquisition of Bay Networks, the company's name was changed to Nortel Networks to emphasize its ability to provide complete solutions for multiprotocol, multiservice, global networking over the Internet and other communications networks. As a consequence of the stock transaction used to purchase Bay Networks, BCE ceased to be ...
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In 1986, in anticipation of diversification, Noro was spun off and the remaining company was renamed BCD Holdings N.V. The company entered the travel industry in 1987 with the acquisition of WorldTravel Advisors, an Atlanta-based travel management company, [3] [self-published source?] and of off-airport parking operation Park 'N Fly in 1988.