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Articles tagged with: Bankruptcy and Eu
Telenor Served with $1.7 billion Demand by Norwegian Bailiff
..d in VimpelCom in 1998. At that time VimpelCom was close to bankruptcy with only 130,000 subscribers. Today VimpelCom has close to 60 million subscribers and we pride ourselves of having contributed extensively to that success. The only loss in more
Related Tags: ptc, ict, tim, telenor, vimpelcom, farimex, Norway
Nortel Gets Permission to Pay $45 Million in Staff Bonuses
..als, including court approval for its restructuring. The company is currently in bankruptcy protection after losing nearly US$7 billion since 2005, although it has cash reserves of US$2.4 billion. The US Bankruptcy Judge Kevin Gross approved t more
Related Tags: ptc, iden, nortel, mike-zafirovski, hawaiian-telcom, lawyer, Canada
Telecom Equipment Market Expected to Suffer a Sharp Downturn in 2009
..the firm to file for bankruptcy. Handset market also feeling the squeeze The economic slowdown is also likely to increase its impact on mobile phone sales. IDATE remains ‘quite optimistic' over the outlook for 2009, and states that the mobile p more
Related Tags: ptc, 3g, nokia, motorola, cisco, ict, itu, huawei, zte, ericsson, nortel, seven, idate, siemens, alcatel-lucent, nokia-siemens, chipset, alcatel
Bell Canada Buys Electronics Retailer
.. and certain of its U.S. subsidiaries voluntarily commenced bankruptcy proceedings under Chapter 11 of the United States Bankruptcy Code and The Source commenced a voluntary proceeding under the Companies' Creditors Arrangement Act (CCAA). Be more
Related Tags: ptc, virgin-mobile, mvno, circuit-city, bell, Canada
Nordic CDMA450 Operator Files for Bankruptcy
..ure the company, Sweden based Nordisk Mobiltelefon Sverige has announced that it is filing for bankruptcy. The company was building up operations and rolling out proprietary cellular networks in Northern Europe based on CDMA2000 networks in the more
Related Tags: ptc, ict, lte, cdma, cdma2000, Sweden