8 hrs ago | ITWorld Canada
Ericsson hires 900 Canadian Nortel workers
The U$1.13 billion acquisition of financially-troubled Nortel's CDMA and LTE wireless assets is now complete.
20 hrs ago | PR-inside.com
Nortel Provides Update on Auction for the Sale of its Optical...
Qualified bidders are now required to submit offers by November 17, 2009. The Company expects to provide a further update on the auction process and sale of these businesses next week.
Without a planOur pension system is a mess, and fixing it won't be easy
Dale Seto is accustomed to toiling out of the spotlight. Most days, the aircraft mechanic crawls around inside the guts of an Airbus jetliner, grease on his hands.
Once Nortela s Gone, Who Fills the Void?
Mark Evans at All About Nortel brings up a good point this week: what effect will Nortel Networks' demise have on Canada's startup landscape? It's an interesting question as Nortel continues to auction its assets and as pensioners fight for their benefits.
Nortel Said to Take More Time for Potential Buyers to Review Optical Unit
Nortel Networks Corp. , the insolvent Canadian phone-equipment maker, is giving potential acquirers more time to make an offer for its optical-networking business , said two people familiar with the matter.
Canada: Asset Sales In The CCAA - Fraser Milner Casgrain LLP
As of the date of the motion, Nortel had yet to propose a formal plan of compromise or arrangement.
Nortel Networks Bankruptcy News, Issue No. 18
FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 18 of NORTEL NETWORKS BANKRUPTCY NEWS today.
Nortel Networks Series: It will take dozens of successes to make up for Nortel's demise
In the summer of 2001, Pat DiPietro had an epiphany: if he wanted to be part of a growth industry, he'd have to leave Nortel Networks Corp.
On a frigid day several winters ago, a solitary, angular man made his way across his property near Caledon Hills, north of Toronto.
Gary Daichendt and Gary Kunis were extremely wealthy when they retired from Cisco Systems Inc.
Ericsson sees Nortel deal clos...
Swedish telecom equipment maker Ericsson expects to close its acquisition of key assets of bankrupt Nortel Networks Corp very soon, a senior company executive said on Thursday.
Deafening silence in the boardroom
Canwest News Service is detailing the collapse of one of the country's largest companies.
Who killed Nortel: On the road to ruin
When Mike Zafirovski was new to the job of chief executive, he nixed a plan that might have transformed Nortel Networks Corp.
VoiceCon 2009: Measuring Avaya Nortel Deal Impact
During a panel discussion Tuesday at VoiceCon San Francisco 2009 , industry experts said Nortel Networks' collapse and potential acquisition by Avaya definitely raises many questions for enterprises, but businesses can maneuver through the ripple effects by not panicking and doing their due diligence.
Nortel Provides On-Demand Access to Cloud-Based Real-Time...
"Nortel's decision to provide access to its communication enabled business solutions over Amazon EC2 is yet another indicator that cloud computing is the future," said Sheila McGee-Smith, president and principal analyst, McGee-Smith Analytics.
Nokia Siemens to Cut Up to 9% of Workforce
Nokia Siemens Networks, the No. 2 maker of wireless network equipment, said Tuesday that it planned to cut 9 percent of its workforce as it attempted to weather a double-digit sales decline and stiffer competition from Chinese manufacturers.
NDP to call for bankruptcy pension protection
New Democrat Leader Jack Layton is calling for reforms to Canada's bankruptcy laws to have employee pensions given priority in court proceedings.
January 2009: Mike Zafirovski was troubled by the week's events when he headed out for a late Friday-night dinner with friends in Toronto.
Nortel: GSM Auction Rescheduled, Hitachi Sale Approved
Two relatively significant pieces of news from Nortel Networks were released on Wednesday.
Nortel and Ericsson Amend Asset Sale Agreement to Provide for Closing Date
Under the amendment, Nortel and Ericsson have extended to November 30, 2009 the date by which to close the sale.
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