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- Nortel Networks Corp., the once-powerful Canadian telecom giant that is now struggling through insolvency, announced Monday it has sold off a major portion of the business. BNN's Michael Kane said Nortel has gotten rid of its enterprise division.
www.ctvnews.ca/nortel-announces-selloff-of-enterprise-division-1.434341
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Jan 25, 2017 · WILMINGTON, Del. — Judges in Delaware and Canada approved on Tuesday a plan to pay more than US$7 billion to creditors of Nortel Networks, ending years of litigation over the former telecommunications company that filed for bankruptcy in 2009.
May 26, 2017 · Nortel Networks Corp. — the one-time mammoth multinational telecommunications equipment maker — announced Friday the money owed to its stakeholders will be sent out starting late June or early July.
May 13, 2015 · An international tug of war over US$7.3-billion in assets of defunct telecommunications equipment maker Nortel Networks Corp. has resulted in two landmark decisions that carve up the remnants equally among creditors in Canada, the U.S. and the United Kingdom.
Jan 14, 2009 · Feb. 8: Nortel Networks agrees to pay $2.5 billion US in cash and stock to settle shareholders' class action lawsuit over accounting scandal. June 27: Restructuring announced.
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 24, 2017 · Judges in Delaware and Canada approved on Tuesday a plan to pay more than $7 billion to creditors of Nortel Networks, ending years of litigation over the former telecommunications company...
Jun 28, 2009 · Nortel Networks's final demise as a stock market darling came quietly Friday when the former tech giant was delisted from the Toronto Stock Exchange on a permanent basis.
