Retirees from Nortel are fed up with what’s happening at the troubled telecommunications equipment-maker, and they want a law firm to represent their interests during bankruptcy proceedings. Concerned ...
Telecommunications 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 ...
Century-old Nortel Networks, once a networking behemoth with a whopping market cap of over $300 billion, has filed for Chapter 11 bankruptcy protection. Nortel never recovered from dot-com bust. The ...
As Nortel files for bankruptcy Wednesday, analysts point to sinking sales, missed earnings and poor management as drivers for the Canadian telecom's long descent to insolvency. But a less-discussed ...
Nortel Networks once employed more than 10,000 people at its Research Triangle Park campus. SHER STONEMAN News & Observer file photo In the early days, Raymond Ackley, like so many others, believed he ...
TORONTO -- Nortel Networks is moving quickly to show it isn't becoming Canada's Enron. Frank Dunn, chief executive of North America's second-biggest telecom services provider, said the abrupt ...
Hackers were able to gain almost complete access to Nortel’s internal systems over a period of nearly 10 years. Hackers were able to gain almost complete access to Nortel’s internal systems over a ...
TORONTO — Telecommunications equipment maker Nortel Networks filed for bankruptcy protection in Canada and the U.S. on Wednesday, becoming the first major technology company to take that step in this ...
Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone services, broadband, citywide Wi-Fi, the Net neutrality debate and the consolidation of the phone companies. Canadian ...
Nortel Networks’ chief financial officer abruptly resigned on Monday, citing mistakes he made in trading Nortel stock within his 401(k) retirement plan. The Canadian telecommunications company said it ...
Troubled telecom equipment maker Nortel Networks has agreed to outsource most of its manufacturing in a deal worth between $675 million and $725 million. Under the agreement, announced Tuesday, ...
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