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Nortel Networks Corporation ( Nortel ), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was founded in Montreal, Quebec in 1895 as the Northern Electric and Manufacturing Company.
Nortel Networks Corporation, or simply Nortel, was a public telecommunications and data networking equipment manufacturer. Founded in 1895 as the Northern Electric and Manufacturing Company, it was one of Canada’s oldest technology companies. Nortel expanded rapidly during the dot-com boom (1997–2001), purchasing many Internet technology ...
1993: Jean C. Monty takes over as CEO of the company, sparking a company turnaround and moving the company well beyond its phone equipment roots. 1997: John A. Roth succeeds Monty and begins focusing the company on the Internet. 1998: Bay Networks is acquired. 1999: Company changes its name to Nortel Networks Corporation.
Jan 25, 2017 · Nortel Networks has finally been ordered by bankruptcy courts in the United States and Canada to pay over $7 billion to its creditors -- eight years after initially filing for bankruptcy in 2009.
- Corinne Reichert
Jan 14, 2009 · Here are some key dates in the history of Nortel Networks. Women work inside a Northern Electric Co. Ltd. factory in Montreal, Que. during the First World War. (Library and Archives Canada ...
Jan 24, 2017 · Ontario-based Nortel Networks was once among the biggest makers of telecommunications equipment in the world, with 93,000 employees and a market capitalization of $250 billion at the height of the ...
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Jan 25, 2017 · Nortel Networks cleared to end bankruptcy, distribute US$7 billion to creditors after years of litigation. The rulings by judges in Canada and U.S. end one of the longest and most expensive Chapter 11 cases, marked by battles over funds raised by the company's liquidation
