Faced with a $3-billion tax billion from the U.S. Internal Revenue Agency, Nortel has been told that it must prepare for a court date on Oct. 13 – yet another reason for Nortel’s lawyers t...
Nortel is selling its GSM business – an asset that many people may have not been aware that Nortel even operated given its low profile.
Nortel said it will hold an “open auction” to...
As Nortel’s continues its methodical march into oblivion, one of the most contentious issues is how pensioners and people on long-term disability will be treated. So far, the situation is far f...
In many respects, it must be very strange for Nortel employees to keep doing their jobs while the company’s different assets are being sold. I mean, how motivated or excited can you be when your...
In a small step forward towards the end of Nortel, Hitachi has acquired some of Nortel’s next-generation packet core network components for $10-million.
In a press release, Nortel said the deal...
At a time when the Canadian government is still trying to decide what to do, the Quebec government said today it will attempt to save the pension of 3,750 Nortel employees in the province if their pen...
Ernst & Young has issued the 25th Monitor’s Report. Of particular interest is the discussion about Nortel’s patents, which could be worth several billion dollars.
After completing a r...
An interesting tidbit that I was remiss in highlighting in the Monitor’s 25th report is that 917 claims worth C$28-billion were filed against Nortel and four other business units (Nortel Network...
The National Post has been running a series of feature stories exploring the demise of Nortel. It will interesting to read Monday’s instalment, which is focused on ex-CEO John Roth, who decided ...
The National Post has been running a series of feature stories exploring the demise of Nortel. It will interesting to read Monday’s instalment, which is focused on ex-CEO John Roth, who decided ...
