Nortel Networks filed Jan. 14 for Chapter 11 bankruptcy protection in the U.S. and under the Companies' Creditors Arrangement Act (CCAA) in Canada, just days before it was expected to pony up a ...

LAS VEGAS--Nortel Networks is diving deeper into the Internet telephony pool. The company on Wednesday added to its family of phone products that help businesses switch from older, traditional ...

ILLUSTRATION: Bloomberg News Nortel Networks Corp. won approval to start distributing $7.3 billion to creditors, a major step in the long-running demise of the telecommunications company.

Nortel acquires: Nortel Networks said it is paying $7.8 billion worth of stock to acquire Alteon WebSystems Inc., a maker of equipment and software that directs the flow of Internet content for com… ...

Their company, Canada’s iconic builder of telecommunications networks, was scheduled two days later to make a $107-million interest payment on its debt (all figures U.S.). Although Nortel had ...

British insurer Legal & General has taken on £2.4bn in pension liabilities from Nortel Networks, as the value of bulk annuity deals is expected to reach a record level this year.

Back in 2011, when insolvent Nortel Networks Corp. raised about $4.5 billion by selling off many of its patents in a groundbreaking auction, it seemed like very good news for the company and its ...

Stories tagged "nortel-networks"DND move to new Ottawa headquarters suffers further delay Whatever happened to military precision? By the end of last month, about 3,400 employees from the ...

Nortel stumbled from ranking among the world’s most valuable companies during the 1990s internet bubble to bankruptcy in 2009. The company was liquidated and by 2011 about US$7.3 billion had been ...

Photo: Associated Press A deal has been reached to end the long-running fight over $7.3 billion raised in the bankruptcy liquidation of former Canadian telecommunications giant Nortel Networks Corp.

Risk Reduction UPDATED: Nortel scheme secures PPF-plus benefits in £2.4bn buyout with L&G The beleaguered Nortel Networks UK Pension Plan has entered into a £2.4bn buyout with Legal & General (L&G), ...

Nortel Networks beaten as thousands of British pensioners win share of billion dollar fund 33,000 British pensioners have finally won their battle to a fair share of a $7bn fund Simon Read ...