Century-old Nortel Networks, once a networking behemoth with a whopping market cap of over $300 billion, has filed for Chapter 11 bankruptcy protection. Nortel never recovered from dot-com bust. The ...
WILMINGTON, Del. (CN) - Nortel Networks, one of Canada's biggest companies, has filed for bankruptcy, listing nearly $12 billion in debt. Nortel, which employs 32,000 people, filed the day before it ...
The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel’s earnings ...
Nortel Networks, North America's largest telecommunications equipment-maker, on Wednesday fired its chief executive officer, chief financial officer and its controller, and said it may halve its 2003 ...
Nortel Networks Ltd. last week unveiled a marketing strategy focused on mainstream corporate users, as the struggling vendor attempts to move beyond the still-dreary market for networking gear sold to ...
Nortel Networks' profit warning Friday may have just ushered in the new world order of slower growth for the telecommunications sector. In previous profit warnings from Nortel, Lucent Technologies and ...
The UK's military trouble-shooters are going commercial with a £100m deal allowing them to stay in touch anywhere in the world. Telecoms equipment maker Nortel Networks is to supply the Cormorant ...
Microsoft Corp. and Nortel Networks Corp. last week announced a broad agreement to develop and market unified communications technology, saying that their Innovative Communications Alliance should ...
TORONTO — Technology giant Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. today, the first major technology company to file for protection during the global downturn.
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