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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.
Jan 5, 2018 · 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's share price falls more than 79% on the Toronto Stock Exchange. Nortel is the first major technology company to seek bankruptcy protection in this global downturn. Nortel had an interest payment of $107 million due the next day, approximately 4.6% of its cash reserves of approximately $2.3 billion.
Jan 14, 2009 · A timeline of key dates in the history of Nortel Networks Corp., once one of Canada's most valuable companies. Today, three former executives were acquitted on charges of manipulating financial...
Nortel Networks is a global leader in telephony, data, wireless, and wireline solutions for the Internet. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before.
Jun 30, 2023 · In 2008, three former top executives had been charged with fraud for misrepresenting Nortel’s financial results between 2000 and 2004. The company was finally liquidated in 2017, paying out 7 billion dollars to its creditors. So, what happened to Nortel?
Jan 15, 2009 · (Reuters) - Nortel Networks Corp, North America's biggest maker of telephone equipment, filed for bankruptcy protection in the United States on Wednesday, a day before it was due to make a $107...
