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Articles tagged with: Ethernet and Tax
Nortel 4Q Net Loss Widens - More Job Cuts Planned
TORONTO -(Dow Jones)- Nortel Networks widened its fourth-quarter loss because of increased tax reserves and announced it will cut another 2,100 jobs as part of its turnaround plan as it struggles with a slowdown in spending by its carrier customers, particularly in the U.S. because of that country's struggling economy. more
Related Tags: thomson, voip, sprint-nextel, rcom, nortel, compete, nortel-networks, sprint, ben, chief-financial-officer, new-york, toronto, toronto, Canada
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