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Articles tagged with: Tellabs and Ericsson
Nortel's bankruptcy filing enables radical change, and not just at Nortel
Opinion piece by Dana Cooperson and Matt Walker, analysts at Ovum
On 14 January 2009, 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 reached this point after multiple management
regimes failed in their attempts to remake the company after the bursting of the
telecoms bubble. Nortel's move may result in a more balanced industry
structure for communications equipment.
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