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Nortel Enterprise Customers Optimistic About Nortel Acquisition

Sep 14, 2009 7:18 AM

Excerpt CHICAGO -- (BUSINESS WIRE) -- The International Nortel Networks Users Association (INNUA) today expressed its support for the acquisition of Nortel’s Enterprise Solutions group by Avaya...

MPs to hold hearings on Nortel asset sales

Aug 13, 2009 1:14 AM

Excerpt OTTAWA -- A parliamentary committee will hold emergency hearings this week into the ongoing auction of the assets of Nortel Networks Corp., and opposition MPs say they will press the go...

Nortel: CEO Departure Won't Hurt Channel

Aug 10, 2009 2:39 PM

Excerpt Nortel Networks' CEO stepped down and its board of directors dissolved into a three-member panel on Monday, but the head of the struggling former telecom giant's enterprise solutions bu...

Nortel Completes World's Longest 100G Trials With Telstra

Aug 4, 2009 7:37 PM

Excerpt ...a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archived a...

Nortel Selects Ericsson as Successful Bidder For CDMA Business and LTE Access Assets

Jul 26, 2009 4:27 AM

Excerpt ...their Work at Ericsson Canadian and U.S. Court Approvals of the Sale will be Sought at a Joint Hearing on July 28 Nortel* Networks Corporation [OTC: NRTLQ] announced today that it, ...

Nortel a sweet deal for the Swedes

Jul 26, 2009 1:07 AM

Excerpt ...world's next generation of wireless networks after winning an auction yesterday for most of the wireless assets of bankrupt Nortel Networks Corp. In the proposed deal, subject to reg...

Ericsson wins auction for Nortel's wireless assets

Jul 24, 2009 11:39 PM

Excerpt ...(Reuters) - Sweden's Ericsson has won an auction for the wireless assets of bankrupt Nortel Networks Corp in a deal valued at $1.13 billion, Nortel said on Saturday. The proposed sal...

CHRONOLOGY-Key dates in the history of Nortel

Jul 24, 2009 10:11 AM

Excerpt ...July 24 (Reuters) - Nortel Networks Corp's (NRTLQ.PK) wireless business goes on the auction block July 24, marking the first of the insolvent company's three key units to be put up f...

RIM dangles prospect of joint bid for Nortel assets

Jul 23, 2009 5:23 PM

Excerpt ...the eve of an international auction for the prized wireless assets of Nortel Networks Corp., NT-T Research In Motion Ltd. RIM-T continued to promote its maverick takeover bid with pl...

Nortel-RIM could be PM's Avro Arrow

Jul 23, 2009 2:03 AM

Excerpt Subsidizing sale of patents to foreigners would earn Harper ignominy to rival Diefenbaker's jet legacy In recent years, Canada has lost so many national industrial champions – Alcan, ...

RIM cries foul over Nortel auction

Jul 20, 2009 5:23 PM

Excerpt ...In Motion Ltd. RIM-T said Monday Nortel Networks Corp. had effectively prevented the BlackBerry maker from bidding for Nortel's wireless business. RIM said it was seeking to be quali...

Nortel -- the cautionary tale of a former titan

Jun 26, 2009 5:01 PM

Excerpt The final indignity came at the price of 18.5¢ a share. Nortel Networks Corp.'s battered and bruised stock was finally delisted from the S&P/TSX composite index Friday, ending a colossa...

Nortel Networks: Soon, No More?

Jun 22, 2009 9:33 AM

Excerpt On June 19, telecom gearmaker Nortel Networks announced it will sell some of its key assets to Nokia Siemens. The company also said “that it is advancing in its discussions with externa...

Techology giant Nortel to sell itself off in pieces

Jun 21, 2009 9:52 AM

Excerpt Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company. Nokia Siemens Networks agre...

Nortel to sell itself off in pieces

Jun 20, 2009 3:56 PM

Excerpt ..."a significant step towards strengthening its leadership" in Long Term Evolution, or LTE, technology. "The acquisition of Nortel's profitable CDMA business would significantly improv...

Enterprise chief says Nortel customers hit 'pause button'

May 21, 2009 8:49 AM

Excerpt Network World - LAS VEGAS -- Nortel Networks enterprise customers have pressed “a pause button” in purchasing gear from the company, the chief of Nortel’s Enterprise Solutions group ack...

Nortel Unveils Next-Gen Core Enterprise Network Solution

May 19, 2009 3:23 AM

Excerpt 2009-05-19 12:23:04 - London, May , 19, 2009 Virtual Services Platform 9000 Delivers Industry-Leading Business Agility TORONTO, ONTARIO--(Marketwire - May 19, 2009) - Nortel(1)...

Nortel's New CEO Tests His Limits

Apr 24, 2009 4:18 PM

Excerpt By Joann S. LublinTORONTO -- Mike Zafirovski, Nortel Networks Corp.'s new chief executive, got a rude shock when he met with his finance chief early last March. He learned that Nortel w...

TSTT Selects Nortel as Communications Provider for Fifth Summit of the Americas

Apr 2, 2009 3:18 AM

Excerpt SUNRISE, FLORIDA -- (MARKET WIRE) -- 04/02/09 -- Telecommunications Services of Trinidad and Tobago (TSTT), the country's leading telecommunications operator has chosen Nortel(1) (TSX: ...

Nortel Launches New Technology to Reduce GSM Wireless Power Consumption

Apr 2, 2009 1:57 AM

Excerpt ...a result of new information, future events or otherwise. (1) Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archived ...

Nortel opens high tech Executive Briefing Center in Dubai

Mar 31, 2009 2:30 AM

Excerpt ...technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's b...

After New Losses, Nortel Developing Restructuring Plan

Mar 3, 2009 11:22 AM

Excerpt Struggling under a bankruptcy yoke to avoid being broken up, Nortel Networks has appointed CFO Pavi Binning to develop a restructuring plan aimed at making the telecommunications equipm...

Nortel cuts investment in carrier Ethernet

Mar 2, 2009 1:16 PM

Excerpt ...Networks is reducing its investment in its carrier Ethernet switch and router products in order to focus more on packet optical platforms, a company spokesperson said in an email to ...

Nortel 4th-quarter loss widens as customers lower and defer spending

Mar 2, 2009 10:03 AM

Excerpt NEW YORK (AP) - Bankrupt telecom equipment company Nortel Networks Corp. says its fourth-quarter loss widened as the weak economy led customers to lower or defer spending. Toronto-based...

Tundra Semiconductor's PCI Express Products Selected by Nortel, EFI and AXIOMTEK

Feb 25, 2009 2:17 PM

Excerpt .../PRNewswire-FirstCall/ - Tundra Semiconductor Corporation (TSX: TUN), a leader in System Interconnect, has been selected by Nortel Networks, EFI, and AXIOMTEK to supply Tundra's high...

Nortel Networks to cut 3,200 more jobs

Feb 25, 2009 9:04 AM

Excerpt HARTFORD, Conn. (AP) - Nortel Networks plans to cut its work force by 3,200 jobs worldwide. The Canada-based telecom equipment maker said the new round of job cuts will be made over the...

Radware Steals Division From Bankrupt Nortel For $18 Million

Feb 23, 2009 11:59 AM

Excerpt ...to end-user frustration with complexity. Nortel's Alteon division had fallen behind competitors like Radware, Cisco, and F5 Networks in the load balancing and more advanced applicat...

Nortel planning more job cuts

Feb 10, 2009 1:59 AM

Excerpt ...Abbotsford nightclub... Get the daily headlines emailed to you every morning with the Vancouver Sun newsletter. Nortel Networks Corp. is working on a "detailed plan" to further cut ...

Nortel's commuter CEO and his sky-high tab

Feb 3, 2009 11:24 PM

Excerpt ...Networks Corp. has clients from Santiago to Siberia, but the most popular destination on the chief executive officer's map during the most critical 12 months in the company's history...

Nortel exits mobile WiMax business to focus on high-return technologies

Jan 30, 2009 12:13 PM

Excerpt ...30, 2009 (Computerworld) Nortel Networks Corp. is dropping out of the mobile WiMax business entirely and will end an agreement with Alvarion Ltd. to resell the Tel Aviv-based company...

WiMax Axed By Bankrupt Nortel Networks

Jan 29, 2009 4:07 PM

Excerpt ...Networks said it will no longer support WiMax as it tries to restructure after filing for bankruptcy protection two weeks ago. Reuters reported that Toronto-based Nortel said today t...

Nortel challengers may be interested in buying pieces of company, analysts say

Jan 26, 2009 12:29 PM

Excerpt ...Networks Corp. could get bypassed by the wireless industry as officials attempt to restructure the ailing company through bankruptcy, according to officials with a firm that advises ...

Nortel, Kapsch CarrierCom Extend Mobile Broadband Services for mobilkom austria

Jan 21, 2009 10:26 AM

Excerpt ...they need, when they need it. Nortel does business in more than 150 countries around the world. *Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. **This i...

What will happen next with Nortel?

Jan 17, 2009 2:48 AM

Excerpt ...that runs complex automated information networks. "That's the thing that's keeping the lights on in the various places where Nortel gear is already deployed," Vorhaus said. Nortel ha...

Nortel's Road to Bankruptcy

Jan 16, 2009 4:27 AM

Excerpt ...runner, Mike Zafirovski is used to daunting challenges. An Ironman triathlete unafraid of long, hard slogs, the CEO of Nortel Networks knew when he took the job back in 2005 that tur...

Nortel’s pension deficit helped push it over edge

Jan 16, 2009 3:52 AM

Excerpt ...A huge shortfall in funding pensions at Nortel Networks Corp helped push it into bankruptcy protection and could continue to complicate the Canadian telecom-equipment maker’s restr...

Will Nortel still have the money to go to school?

Jan 16, 2009 1:00 AM

Excerpt ...Brooks wasn't sure how his Ottawa-area high school students would react to a couple of software designers from Nortel Networks Corp. Then he saw what they did. Working with the pro...

Beware the Coyote Syndrome

Jan 15, 2009 3:03 PM

Excerpt ...predicts a similar redistribution of wealth in the telecom industry. Dollars that once went to Lucent Technologies and Nortel Networks will find their way to companies that make soft...

Nortel bankruptcy may help rivals

Jan 15, 2009 2:58 PM

Excerpt ...Bharti Airtel, Mumbai International Airport (MIAL), Chhattisgarh state government and Tata Telecommunications. Meanwhile, Nortel Networks said whatever is happening in the US won't ...

Nortel bankruptcy to have little impact on IT vendors

Jan 15, 2009 1:04 PM

Excerpt ...Big Three-TCS, Infosys and Wipro-put up a brave front on Thursday after North Americas largest telephone equipment firm, Nortel Networks, filed for Chapter 11 bankruptcy a day earlie...

Nortel workers in Richardson brace for layoffs

Jan 15, 2009 7:53 AM

Excerpt ...for all" by shedding debt, cutting its workforce and selling only the most profitable computer networking equipment. Nortel Networks is based in Toronto but employs 3,000 workers...

Tech wreck behind Nortel demise

Jan 15, 2009 1:59 AM

Excerpt ...and sadness. Yesterday, as chief executive Mike Zafirovski tried to reassure the 30,000 bewildered employees still working for Nortel Networks, those within the company and the many ...

Nortel's Road to Bankruptcy

Jan 14, 2009 9:40 PM

Excerpt ...runner, Mike Zafirovski is used to daunting challenges. An Ironman triathlete unafraid of long, hard slogs, the CEO of Nortel Networks (NT) knew when he took the job back in 2005 tha...

Another jolt for Indian IT firms as Nortel files for bankruptcy

Jan 14, 2009 8:56 PM

Excerpt Nortel Networks, North America's biggest telephone equipment maker, filed for bankruptcy today, hoping to save a once high-flying business. The move will impact Indian information techn...

Terence Corcoran: Nortel’s rise and fall as ‘the chosen instrument’

Jan 14, 2009 7:04 PM

Excerpt ...By yesterday, the champ had hit the canvas after failure to meet a $107-million interest payment. But what really knocked down Nortel Networks? It’s clearly a long story of product...

Lack of scale signals a gloomy fate for group

Jan 14, 2009 6:42 PM

Excerpt ...acquired Lucent of the US in a $13.4bn deal at the end of 2006, capping a wave of telecoms industry consolidation, Canada's Nortel Networks has held the dubious distinction of being ...

Zafirovski's December reckoning

Jan 14, 2009 6:35 PM

Excerpt ...middle of December was a dark period for Mike Zafirovski. The chief executive officer of Nortel Networks Corp. finally accepted that Canada's tarnished technology champion was desti...

Why Innovation Could Not Save Nortel

Jan 14, 2009 6:06 PM

Excerpt ...years ago managers of Nortel Networks (NT) unveiled a risky wager to transform the troubled telecom equipment maker through innovation and design. Their agenda included modernizing r...

Nortel customers staying the course - for now

Jan 14, 2009 5:24 PM

Excerpt ...plan to stand pat while the company navigates the turbulent waters of Chapter 11 bankruptcy protection. The International Nortel Networks Users Association (INNUA) issued a statement...

The long, sad fall of Canada's corporate giant

Jan 14, 2009 4:46 PM

Excerpt ...years ago when the stock price of Nortel Networks Corp. swirled in the heady heights of $124 a share before it was massively diluted, cheeky financial analysts would ask senior execu...

Nortel Networks Goes Chapter 11 As Debts Mount

Jan 14, 2009 4:32 PM

Excerpt ...Networks (NT), a maker of networking gear with annual sales north of $10 billion, on Wednesday became the first large tech manufacturer to file for bankruptcy amid the global recessi...

Clement pledges $30M in short-term aid for Nortel

Jan 14, 2009 3:17 PM

Excerpt ... With files from the Canadian Press The federal government indicated a willingness Wednesday to help Nortel Networks, on the same day as the one-time technology giant filed for ...

Bankruptcy filing was in part to preserve $2.4B in cash, Nortel exec says

Jan 14, 2009 11:57 AM

Excerpt ...14, 2009 (Computerworld) One major reason why Nortel Networks Corp. filed for protection from its creditors in the U.S. and other countries today was to preserve $2.4 billion in cash...

Chapter 11 bankruptcy: What now for Nortel?: Analysts speculate on options for the wireless networking vendor

Jan 14, 2009 10:09 AM

Excerpt ...its filing for bankruptcy, the future for Nortel Networks Corp. looks cloudy, as analysts now speculate whether the company can stay in business, sell assets or even be bought out by...

Nortel shares plunge on TSX after company files for bankruptcy protection

Jan 14, 2009 10:06 AM

Excerpt ... President and CEO of Nortel, Mike Zafirovski. Nortel Networks Corp. (TSX:NT) and several of its units have filed for bankruptcy protection from creditors. THE ASSOCIATED PRESS/Gauta...

Shares of Flextronics get entangled in Nortel's bankruptcy

Jan 14, 2009 10:03 AM

Excerpt Concerns about the business relationship between the two companies sparked the selling in Flextronics' shares, which stood at $2.61, down 13%, in midday action. Networking-equipment ma...

Nortel Networks files for bankruptcy protection

Jan 14, 2009 9:52 AM

Excerpt ...Nortel Networks, a large telecommunications company, filed for bankruptcy protection Wednesday in Canada and the United States. The filing was accompanied by promises of yet another ...

Nortel goes from boom to bankruptcy

Jan 14, 2009 9:32 AM

Excerpt ...in Mumbai (Indranil Mukherjee/AFP/Getty Images) KAI RYSSDAL: Change came relatively quickly for Citigroup. Not so for Nortel Networks. The telecommunications firm has been trying to ...

Canada's technology shining star becomes financial black hole

Jan 14, 2009 8:38 AM

Excerpt ...had come to this for Nortel Networks Corp. Once Canada's technology giant, Nortel boasted a market capitalization about half of Mexico's entire gross national income and a workforce ...

Nortel Networks: Bankruptcy

Jan 14, 2009 7:57 AM

Excerpt ...years were nothing but a giant illusion. Amazing really. Nortel Plunges on Report Bankruptcy Filing Planned (Update1): “Nortel Networks Corp., North America’s biggest maker of ph...

Nortel Networks...Chapter 11...down to 0,05 $ ? (NT, rated SELL)

Jan 14, 2009 7:13 AM

Excerpt ...Not Subject to These Proceedings 9:10 AM ET, January 14, 2009 TORONTO, ONTARIO, Jan 14, 2009 (MARKET WIRE via COMTEX) -- Nortel(1) Networks Corporation (NT)(US:NT) announced today th...

Nortel Networks files for US bankruptcy

Jan 14, 2009 6:40 AM

Excerpt ...Networks, North America's biggest telephone equipment manufacturer, filed for Chapter 11 bankruptcy protection in a Delaware court this morning. The Toronto-based company has been hi...

Nortel Files for Bankruptcy Protection

Jan 14, 2009 6:17 AM

Excerpt ...| 9:40 a.m. Nortel Networks filed for bankruptcy protection on Wednesday, as the long-troubled Canadian telecom equipment maker struggled to cope with high levels of debt. In a filin...

Long-struggling Nortel files for bankruptcy

Jan 14, 2009 6:04 AM

Excerpt ...equipment maker Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. on Wednesday, becoming the first major technology company to take that step in this globa...

Nortel exec: Bankruptcy filing was in part to preserve $2.4B

Jan 13, 2009 4:00 PM

Excerpt ...major reason Nortel Networks filed for protection against its creditors in the U.S. and other countries Wednesday was to preserve $2.4 billion in cash, which the company plans to use...

Nortel customers staying the course - for now

Jan 13, 2009 4:00 PM

Excerpt ...plan to stand pat while the company navigates the turbulent waters of Chapter 11 bankruptcy protection. The International Nortel Networks Users Association (INNUA) issued a statement...

Nortel Licenses Unreal Engine for web.alive

Jan 8, 2009 12:36 PM

Excerpt ...a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. (2)This is a 3rd party link as described in o...

The CEO Guide to the Desktop of the Future

Jan 5, 2009 1:45 AM

Excerpt ...Networks Chief Information Officer Steve Bandrowczak has already taken a whack out of the high cost of managing and operating his company's thousands of desktop computers. He estimat...

Nortel Gets $1B Bids for Ethernet Biz: Report

Dec 24, 2008 9:44 AM

Excerpt ...gear, announced plans to divest its metro Ethernet networks business in September. Beleaguered telecom equipment maker Nortel Networks(NT Quote - Cramer on NT - Stock Picks) has ...

Nortel faces delisting

Dec 12, 2008 9:53 AM

Excerpt ...news keeps getting worse for telecom equipment maker Nortel Networks. On Thursday the company received notice from the New York Stock Exchange that it faces delisting if it can't get...

Nortel Networks may be kicked off exchange

Dec 11, 2008 11:41 AM

Excerpt ...Networks, the network equipment maker, said Thursday it has received notice from the New York Stock Exchange that its average share price has fallen below the $1 minimum to remain li...

Nortel shares plunge on bankruptcy advice report

Dec 10, 2008 12:28 PM

Excerpt ...in Nortel Networks fell 20 per cent amid reports that North America’s biggest telephone equipment maker has sought bankruptcy protection advice. A Nortel spokesman confirmed that t...

Nortel explores bankruptcy

Dec 10, 2008 10:37 AM

Excerpt ...Networks is reportedly seeking legal counsel to figure out its bankruptcy option in case its restructuring fails. The report couldn’t have come at a worse time for Nortel. The compan...

Nortel Networks comes under pressure

Dec 10, 2008 9:20 AM

Excerpt ...based on older technology which customers are turning away from in increasing numbers. At the end of September, Nortel's debt stood at $6.3bn (£4.2bn), but the first maturity date i...

Nortel bankruptcy fears considered premature

Dec 10, 2008 8:40 AM

Excerpt ...clearly don’t like the news that Nortel Networks Corp. apparently hired legal counsel to explore bankruptcy protection. They sent shares of the telecom equipment maker down as much a...

Report: Nortel seeks advice on possible bankruptcy

Dec 10, 2008 8:12 AM

Excerpt ...NEW YORK -- Nortel Networks Corp., a Canadian maker of telecommunications equipment, has sought legal advice on a possible filing for bankruptcy, according to a report Wednesday in T...

Nortel Networks Slammed on Bankruptcy-Related Reports

Dec 10, 2008 7:12 AM

Excerpt ...shares of Nortel Networks (NT: sentiment, chart, options) are poised to gap lower at the open following a troubling report in this morning's edition of The Wall Street Journal. Accor...

Will Canada Offer Nortel a Bailout?

Dec 10, 2008 2:03 AM

Excerpt ...the Canadian government offer troubled Nortel Networks a bailout? The one-time networking high-flier is seeking advice on bankruptcy protection according to a story in the Wall Stree...

Nortel Named Asia's Optical Network Vendor of the Year for 2008

Dec 8, 2008 6:52 PM

Excerpt ...as a result of new information, future events or otherwise. (1) Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archiv...

Mediacom Puts More Muscle Behind its Triple Play Services with Nortel 40G

Dec 3, 2008 1:52 AM

Excerpt ...a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archived a...

TELUS to Deploy Nortel 40G Optical Solution

Dec 3, 2008 1:52 AM

Excerpt ...a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archived a...

A Brief History of Nortel Networks

Nov 26, 2008 11:15 PM

Excerpt ...to this article). The short history that follows is mostly condensed from a book I wrote on Nortel several years ago. Nortel Networks was created in 1895 when Montreal-based Bell Can...

Nortel may go bankrupt

Nov 14, 2008 9:29 PM

Excerpt ...SAN FRANCISCO: Nortel Networks Corp, North America's largest maker of telephone equipment, may go bankrupt by 2011 without a cash injection from the government or financial backers, ...

Unplugged: Nortel tech chief on his way out

Nov 14, 2008 10:09 AM

Excerpt ...-- In August, Nortel Networks Corp. announced it was buying Novera Optics and three other small companies, the first significant acquisitions in years. The price was modest, less tha...

Bharti Airtel Enhances Managed Services Agreement With Nortel

Nov 11, 2008 10:25 PM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archive...

Nortel earnings tank with worsening economy

Nov 10, 2008 8:13 AM

Excerpt ...Networks, North America's largest maker of phone equipment, reported its biggest quarterly loss in seven years Monday amid a worsening economy. The company, which has been struggling...

Nortel to eliminate 1,300 jobs

Nov 10, 2008 7:40 AM

Excerpt ...An employee works in the manufacturing area at Nortel's RTP site. Nortel Networks, one of the Triangle's largest technology companies, reported a massive third-quarter loss this ...

Nortel cuts to hit RTP

Nov 10, 2008 7:33 AM

Excerpt ...for Nortel, which has been battered by the current economic downturn as key customers cut back spending on their telecom networks. Nortel slashed its business forecast in September a...

Nortel cuts another 1,300 jobs

Nov 10, 2008 5:25 AM

Excerpt ...Networks Corp. posted a third-quarter loss of $3.4-billion (U.S.) and said it will cut 1,300 jobs in an effort to bolster cash during an environment of shrinking customer spending an...

What's next for Nortel? More cost cuts won't be enough

Nov 7, 2008 4:49 PM

Excerpt ...Networks Corp. is almost out of options. A battered economy, a shrinking industry, fierce price competition from emerging Chinese rivals, a bloated balance sheet and weak product lin...

Nortel Participates in Largest Ever Public Carrier Ethernet Interoperability Test

Sep 22, 2008 1:34 AM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archive...

Nortel dives to 25-year low as outlook worsens

Sep 18, 2008 1:56 AM

Excerpt ...One-time tech darling forced to explore sale of Metro Ethernet unit once hailed as growth engine Shares of Nortel Networks Corp. plumbed new depths yesterday after the troubled mak...

Nortel slashes outlook, dumps assets

Sep 17, 2008 6:25 AM

Excerpt ...do when it comes to digital music, but company deserves plaudits for making new features work with every Zune ever made. Nortel Networks warned Wednesday that business is slowing dow...

Nortel Announces Preliminary View of the Third Quarter and Revised Full Year 2008 Outlook

Sep 17, 2008 3:38 AM

Excerpt ...ONTARIO--(Marketwire - Sept. 17, 2008) - Nortel(1) Networks Corporation (TSX: NT)(NYSE: NT) today announced a preliminary view on certain third quarter results ending September 30, 2...

Nortel, Alcatel: RBC Cuts Targets As Demand Weakens

Sep 8, 2008 4:18 AM

Excerpt News, analysis and insights on technology investing from Barron’s Silicon Valley bureau. RBC Capital’s Mark Sue earlier today cut his target prices on both Nortel Networks (NT) and Alc...

Bell Canada Boosts Internet Investment With Nortel's 40G Optical Solution

Sep 4, 2008 3:29 AM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Use of the terms "partner" and "partnershi...

Nortel Networks to Play Ball with the Mets

Aug 26, 2008 12:44 AM

Excerpt ...system for the new Citi Field in New York, where the New York Mets will play their homes games. As part of the deal, Nortel will become the Mets’ official network systems supplier. T...

Nortel buys DiamondWare for voice tech

Aug 21, 2008 8:02 AM

Excerpt ...Networks has bought a company that specialises in high-definition, '3D' voice technology. Arizona-based DiamondWare has a background in supplying technology to sectors ranging from g...

Comstar to Bring Mobile Broadband to Moscow with Nortel's WiMAX Solution

Aug 7, 2008 1:07 AM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Receive full access to all new and archive...

Nortel Networks Shares Sink After Loss Widens

Aug 1, 2008 10:56 PM

Excerpt ...- Shares of Nortel Networks Corp. plunged Friday after the Canadian telecommunications equipment maker posted a wider second-quarter loss and forecast a tough economic environment ah...

Nortel loses US$113M in Q2

Aug 1, 2008 3:20 PM

Excerpt ...- Nervous investors punished Nortel Networks Corp. (TSX:NT) stock Friday after the telecommunications technology company posted another big quarterly loss and warned that a "challeng...

Nortel Networks Earnings Preview

Jul 31, 2008 2:53 AM

Excerpt ...half of the year, Nortel's enterprise and optical groups are expected to post more impressive numbers. For the third quarter, Nortel is expected to show "significant sequential impro...

Nortel reassures market that it still sells WiMax gear

Jul 28, 2008 1:50 PM

Excerpt ...and will include pieces of Nortel intellectual property, including software that customizes the base station for use on Nortel networks, Wickware said. "A customer will call Nortel a...

Nortel and Microsoft Unified Communications Solution Delivers Integrated Communications for Arvato Systems

Jul 14, 2008 6:48 AM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Use of the terms "partner" and "partnershi...

Nortel Networks perfection could net US$18 share price

Jul 10, 2008 9:00 AM

Excerpt ...Capital Markets analyst Mark Sue says Nortel Networks Corp. shares could more than double by 2011 but it needs to be perfect, says RBC Capital analyst Mark Sue. "If things line up e...

Nortel Plans Asia Push for Routers, Switches and Network Gear

Jul 9, 2008 10:27 AM

Excerpt ...Networks plans aggressive growth in the Asia-Pacific region over the next two to three years, hoping to capitalize on demand for routers, switches, network gear and services in rapid...

Deloitte picks Nortel for managed videoconferencing

Jul 8, 2008 6:00 AM

Excerpt ...8, 2008 (Computerworld) Global consultancy Deloitte Touche Tohmatsu has chosen Nortel Networks Ltd. as its managed service provider of telepresence and videoconferencing capabilities...

Corporate crackdown

Jun 20, 2008 2:20 AM

Excerpt ...Fraud charges against Nortel executives confirm their spectacular failure of corporate governance Nortel Networks Corp., Canada's former tech star and once the 12th-most valuable c...

3 Accused of Accounting Fraud at Nortel

Jun 19, 2008 9:06 AM

Excerpt ...Mounted Police brought criminal charges on Thursday against three former executives of the telecommunications company, Nortel Networks. Charged were Frank A. Dunn, the former chief e...

How does Nortel spell wireless relief? LTE

Jun 16, 2008 6:53 AM

Excerpt ...might seem strange to think there's a cash cow living inside Nortel Networks Corp. This is the company, after all, that's been struggling for years to give investors a good news stor...

Right but bumpy road still ahead for Nortel

Jun 12, 2008 1:00 PM

Excerpt ...of a sudden, investors can't seem to get enough of Nortel Networks Inc. Shares in the wireless network company are up big for the second day in a row, following Wednesday's announce...

Nortel Networks Shifts Gears in Telecom Technology

Jun 11, 2008 10:12 PM

Excerpt ...Networks Holdings Corp. (NT) announced at its annual shareholders’ meeting that the company will be shifting focus from WiMax to LTE technology. These wireless technologies are a key...

Nortel Networks and Alvarion agree to WiMax deal

Jun 11, 2008 7:37 AM

Excerpt ...YORK—Canadian telecommunications equipment maker Nortel Networks Corp. and Israeli wireless technology company Alvarion Ltd. said Wednesday they have agreed to collaborate on an end-...

Nortel Holds Investor Meeting

Jun 11, 2008 3:28 AM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Recieve full access to all new and archive...

Nortel Update: Paradigm Capital Is Bullish, Columnist Takes a Shot at CEO

Jun 8, 2008 12:32 AM

Excerpt ...it could trade at 1.7-2.0x FY10 sales, compared with 0.5x in 2008. Here’s his entire note, entitled “Back to the Future”: Nortel Networks is one of the world’s largest information te...

Nortel keys on new growth areas

Jun 4, 2008 8:53 PM

Excerpt ...Zafirovski doesn't sugar-coat Nortel Networks Corp.'s past failures, and he doesn't boast about any dramatic comeback. But two-and-a-half years into the job as chief executive offic...

Nortel and SecureLogix Team to Deliver Voice Security and Management Solutions to Worldwide Enterprise Market

Jun 2, 2008 10:05 AM

Excerpt ...or registered trademarks of SecureLogix Corporation in the U.S.A. and other countries. Nortel is a trademark of Nortel Networks. All other trademarks mentioned herein are believed to...

Standard & Poor's Upgrades Nortel Networks to 'Positive'

May 23, 2008 2:08 AM

Excerpt ...reflects the steady improvement in profitability in the past several quarters despite difficult market conditions. Nortel Networks Ltd. (NT) was upgraded from "stable" to "positive...

S&P raises Nortel Networks' outlook to positive

May 21, 2008 10:09 AM

Excerpt ...its B- long-term corporate credit rating. The rating on Nortel Networks Ltd. is based on the consolidation with parent Nortel Networks Corp. (NT: , , ) . "The revised outlook primari...

Nortel chief chides market for ignoring firm's success

May 8, 2008 1:59 AM

Excerpt Investor skepticism dragging on share price, Zafirovski complains OTTAWA– Market skepticism about Nortel Networks Corp.'s ability to rebound from years of legal and financial difficu...

Nortel CEO Says Green Focus Equals Good Business

Apr 21, 2008 10:11 AM

Excerpt ...as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Polycom is a trademark of Polycom, Inc. Us...

IT managers urged to dip their toes into community-based support

Apr 9, 2008 3:09 PM

Excerpt ...is very different from working with a vendor. Just ask Ed Reaves, the platform product-line manager at Toronto-based Nortel Networks Corp., which uses Linux to run the switches that ...

Update CTIA Wireless 2008: Nortel Delivering Faster, Better Wireless Internet

Apr 3, 2008 4:52 PM

Excerpt ...customers. 4G will power the future and Nortel is on the forefront of this new wave" said Richard Lowe, president of Carrier Networks, Nortel. "Nortel has all the elements needed to ...

Bargain hunting and product hopes prompt Nortel stock bounce, analysts say

Apr 2, 2008 12:17 PM

Excerpt ...- A combination of bargain hunting, new products and the possibility of a merger or partnership is likely behind a bounce in Nortel Networks Corp. shares (TSX:NT) from their recent a...

Nortel Inks Five-Year Wireless Network Deal with U.S. Cellular

Mar 25, 2008 3:06 AM

Excerpt ...result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Recieve full access to all new and archived art...

Nortel Wins $300M VOIP Deal

Mar 18, 2008 12:52 PM

Excerpt ...Social Security Administration plans a move to VOIP in preparation for retiring baby boomers. Nortel Networks is the contractor on a 10-year, $300 million project for the Social Secu...

Zacks Analyst Blog Highlights: Avici Systems, Nortel Networks, Extreme Networks and AT&T

Mar 17, 2008 7:12 AM

Excerpt ...stocks and the financial markets. Stocks recently featured in the blog include: Avici Systems, Inc. (NASDAQ: AVCI), Nortel Networks (NYSE: NT), Extreme Networks (NASDAQ: EXTR) and AT...

Nortel IPTV Solutions Drive Competitive Advantage, Customer Loyalty With Innovative, Cost-Effective Solutions

Mar 7, 2008 6:06 AM

Excerpt ...laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1)Nortel...

Nortel News: Less Than Exciting Earnings

Mar 3, 2008 2:27 AM

Excerpt ...all seem to agree on: they like that Loonie/USD trade these days, that Guy Lafleur was one heck of a hockey player, and Nortel Networks (NT) is trapped in some kind of a death spiral...

Nortel to cut 2,100 jobs

Feb 27, 2008 2:14 PM

Excerpt ...27, 2008 (Network World) Nortel Networks Corp. said it will cut 2,100 jobs and shift 1,000 more to "higher-growth and lower-cost geographies" after fourth-quarter results fell short ...

Nortel Networks plans more layoffs

Feb 27, 2008 4:25 AM

Excerpt ...(NT) is cutting back again. The Toronto-based telecom equipment company said it will cut 2,100 jobs from its 33,000-member workforce, while moving an added 1,000 jobs overseas in its...

Motorola, Nortel Discuss Merger Of Wireless Units

Feb 11, 2008 8:11 AM

Excerpt ...merger of the infrastructure units of Motorola and Nortel Networks would likely return Nortel chief executive Mike Zafirovski to oversee Motorola units that he once managed as presid...

ESPRE Solutions Announces Plans to Present Its Wireless Interactive Video Collaboration Platform With Nortel Networks at the Mobile World Congress in Barcelona, Spain

Jan 25, 2008 6:43 AM

Excerpt ...technology, announced today that ESPRE Solutions, Inc., will be presenting new wireless video solutions as part of Nortel Networks Long Term Evolution strategy at the Mobile World Co...

The Coming Desktop Revolution?

Jan 4, 2008 8:01 PM

Excerpt ...Networks Chief Information Officer Steve Bandrowczak has already taken a whack out of the high cost of managing and operating his company's thousands of desktop computers. He estimat...

Bezeq Not to Renew Nortel Contract

Jan 2, 2008 9:02 AM

Excerpt Israel based fixed line operator Bezeq has announced that it will not renew contract with Nortel Networks to provide maintenance for its telephony switchboards. The contract is due to e...

Nortel Unified Communications Enhance Performance at Hilton Beijing

Dec 19, 2007 7:56 PM

Excerpt ...laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1)Nortel, ...

Vonage sued by Nortel

Dec 18, 2007 1:05 PM

Excerpt ...18, 2007 (Network World) -- Vonage has been sued by yet another company for patent infringement, this time by Nortel Networks. In a suit filed last week with the U.S. District Court ...

OSC approves Nortel deal

May 23, 2007 1:55 AM

Excerpt ...$1 million to settle a three-year investigation into its accounting practices Chris Sorensen Business Reporter Nortel Networks Corp., a high-flying maker of telecom equipmen...

Nortel Expands WiMAX, Ethernet Reach

Dec 6, 2006 1:51 PM

Excerpt ...Networks Ltd. made a series of announcements related to its WiMAX network and Ethernet products this week at ITU in Hong Kong. Nortel and Chunghwa Telecom will build the first WiMAX ...

Nortel outlines WiMAX progress

Dec 5, 2006 12:11 PM

Excerpt ...Taiwan—Nortel Networks Ltd. landed a mobile WiMAX network supply deal with Chungwa Telecom in Taiwan. Nortel said a countywide WiMAX network will be built in Northeastern Taiwan in Y...

Nortel's new challenge: Iraq's logistical nightmares

Nov 28, 2006 2:11 AM

Excerpt ...decades ago, Nortel Networks Corp.'s business in Iraq was flourishing. Now it's placing a big bet on its future in the war-torn country. The struggling communications-equipment maker...

Nortel Networks gets back on track

Oct 27, 2006 12:49 PM

Excerpt ...and is moving forward in next-generation technologies, says CTO John Roese. Canadian telecommunications equipment maker Nortel Networks has had a tough couple of years, but a new tea...

Alcatel Buys Nortel Unit

Sep 1, 2006 7:48 AM

Excerpt ...customers in have not signed up for data service at anywhere near the rates carriers expected. Capital expenditure on mobile networks in the actually fell recently for the first time...

Nortel hits Profit, But Margins Fall Short

Aug 3, 2006 2:08 PM

Excerpt ...for the same quarter in 2005. TORONTO - A large accounting gain allowed Canadian telecom equipment giant Nortel Networks Corp. to report a second-quarter profit Thursda...

Nortel Networks and Microsoft announce 'deep collaboration' alliance

Jul 18, 2006 8:38 AM

Excerpt ... TORONTO (CP) - Nortel Networks (TSX:NT) and Microsoft Corp. (Nasdaq:MSFT) have announced a strategic alliance to "transform business communications." The agreement aims to...

Nortel May Never Recover Its Old Glory (NT)

Jul 12, 2006 5:35 AM

Excerpt ...quarter. Even with its accounting and legal problems, hopefully behind Nortel, it is up against fierce competition. Nortel is a generalist that continues to lose out to speci...

Nortel stock rebounds, a little

Jun 20, 2006 12:25 PM

Excerpt ... Shares of Nortel Networks Corp. rebounded from a 9-per-cent dive Tuesday, as one media report suggested the Canadian company is in talks with Siemens AG about the sale of its ent...

Nortel joins Chinese rival in new broadband venture

Feb 2, 2006 1:07 AM

Excerpt Nortel Networks Corp. is joining major Chinese rival Huawei Technologies Co. Ltd. in a global partnership to develop "ultra" broadband projects. The Canadian-based telecom giant said ...

Nortel partners with Chinese rival on broadband

Feb 1, 2006 1:32 PM

Excerpt Nortel Networks Corp. (TSX: ) is joining hands with major Chinese rival Huawei Technologies Co. Ltd. in a global partnership to develop "ultra" broadband projects. The Canadian-based...

Stocks slide on bad earnings news

Apr 15, 2001 10:57 AM

Excerpt ...at 1,153.29, and the Nasdaq composite index fell 118.15 to 1,854.11. The selling was no surprise. An earnings warning from Nortel Networks after regular trading ended Tuesday sent t...

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