Nortel, Polycom Give Voice to Videoconferencing: Page 2 of 3

During a keynote address at the conference, Malcolm Collins, president of enterprise networks at Nortel, Brampton, Ont., told conference attendees that convergence is more than just Voice over IP.

"The real driver is multimedia collaboration and presence-based applications that are available to you anytime, anywhere," Collins said.

In a press conference following the address, Collins admitted that the company is "doing work" to allay customer fears following the company's management shakeup.

Nortel last month fired President and CEO Frank Dunn and two other executives "for cause" in the midst of ongoing investigations into the company's finances by U.S. and Canadian regulatory authorities. The board named Owens to replace him and delayed release of the company's first-quarter financial results.

The shakeup came as a result of an internal investigation at Nortel, though U.S. and Canadian regulatory authorities have also launched investigations.