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Articles tagged with: Ptc and Nortel Networks
Nortel Exec - Will Consdier Bids for the Company Divisions
..on to any offers to buy divisions in the company as it restructures under court approved bankruptcy protection. "We will go through the process of having those discussions," Bruce Gustafson, vice president of strategic marketing for the carrier more
Related Tags: nokia, wall-street-journal, iden, nortel, bankruptcy, nokia-siemens-networks, siemens, nokia-siemens, Canada
RIM Looking to Hire Thousands of New Staff in 2009
..ortel Networks is cutting some 3,200 additional jobs as it tries to exit bankruptcy protection. 'This is the easiest time to say 'I have to be very careful and wind down my investments,"' he said in a recent interview with The Canadian Pres more
Related Tags: nokia, iphone, apple, wind, nortel, bankruptcy, gartner, rim, research-in-motion, Canada
Nortel Networks Reports $2.14 Billion Loss for Q4
..a net loss of $844 million a year earlier as the firm struggles to restructure itself in bankruptcy protection. The losses includes a reduction of the deferred tax asset of US$951 million, a write-down of $1.2 billion, special charges of US$97 more
Related Tags: nortel, bankruptcy, tax, Canada
Nortel's bankruptcy filing enables radical change, and not just at Nortel
..Nortel Networks moved beyond talk of divestiture and speculation of bankruptcy, and filed for creditor protection in Canada and the US, with Nortel UK entering administration separately under a filing managed by Ernst & Young. The company r more
Related Tags: ethernet, t-mobile, nokia, wimax, cisco, itu, lte, zte, alcatel-lucent, mts, ericsson, ovum, verizon, tellabs, t-mobile-germany, nortel, bankruptcy, lg, ran, umts, ciena
Nortel Networks files for bankruptcy protection
Canada's Nortel Networks has filed for bankruptcy protection - the first major telecoms firm to fall victim to the ongoing economic downturn. The company said that it expects that its normal day to day operations will continue during the financial restructuring of the business. more
Related Tags: nortel, bankruptcy, flextronics
Pakistan's Pak Telecom Mobile Limited (PTML) has awarded Nortel Networks a contract estimated at US$56 million to implement a major expansion of PTML's national Ufone GSM900 network. This is the second major expansion by Nortel Networks since building the original network for PTML in 2001, and it is expected to raise Ufone's capacity to 1.3 million subscribers. more
Related Tags: ufone