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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.
- 18 (US, July 2012);, ~35 (non-US, July 2012)
Jan 14, 2009 · Learn about the rise and fall of Nortel Networks, Canada's former telecommunications giant, from its origins in 1882 to its bankruptcy in 2009. See the milestones, scandals, and trials that shaped the company and its executives.
With the company focusing increasingly on networking, Northern Telecom was renamed Nortel Networks Corporation in April 1999. Acquisitions continued in 1999 and 2000; the former year featured three major buyouts but was followed by an accelerating purchasing pace in the latter. Nortel also showed an increasing appetite for optical networking firms.
Jan 5, 2018 · Nortel was a Canadian telecommunications and data networking equipment manufacturer that rose and fell in the IT market. Learn about its origins, innovations, acquisitions, bankruptcy and legacy.
Jan 25, 2017 · Nortel Networks, a telecommunications equipment maker, was ordered by US and Canadian courts to settle its long-running bankruptcy case. The company sold its business units in 2009 and raised $7.3 billion, but faced legal battles with its creditors.
- Corinne Reichert
May 3, 2016 · A Canadian court on Tuesday closed the door on legal challenges to a ruling that divvied up the $7.3 billion raised from the liquidation of Nortel Networks, a former Canada-based telecoms ...
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Jan 25, 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 US$250 billion at the height of the 1990s technology bubble. After an accounting scandal and a series of management missteps, the company filed for bankruptcy in January 2009.
