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Nortel Launches SOA Initiative

2017-06-19 12:07:08| eWEEK Web Services

The vendor extends its partnership with IBM with a WebSphere link and new services.

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Nortel Networks talks aim to end US$7 billion legal fight

2016-01-15 15:52:38| Telecom - Topix.net

Parties seeking a chunk of the US$7 billion raised from the liquidation of former telecommunications giant Nortel Networks started talks on Thursday aimed at ending one of the most complex and costly legal disputes in history. REUTERS: Parties seeking a chunk of the US$7 billion raised from the liquidation of former telecommunications giant Nortel Networks started talks on Thursday aimed at ending one of the most complex and costly legal disputes in history.

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Investors say heed the lessons of Icarus as Nortel marks 15 years after peaking

2015-07-27 11:21:35| Telecom - Topix.net

It was 15 years ago this month when Nortel Networks' shares hit an all-time high of $124.50 on Toronto's stock market. The company's sky-high stock made it by far Canada's most valuable company at the time - with a market value that briefly surpassed any of the banks and resource companies listed on the Toronto Stock Exchange.

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Nortel bankruptcy: $7.3B in remaining assets to be split among subsidiaries

2015-05-13 04:06:11| Telecom - Topix.net

Since its fall, Nortel broke apart and sold off various chunks of its business, including patents and wireless technology. The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada's tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday.

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Appeal filed by Nortel Networks' Canadian monitor over U.S. court settlement

2015-01-03 01:44:31| Telecom - Topix.net

The Canadian monitor for insolvent Nortel Networks is appealing last month's US$1.01-billion court-approved interest settlement that puts most of the company's remaining money into the hands creditors. The appeal document was filed Wednesday with a U.S. Bankruptcy Court in Delaware by the court-appointed monitor for Nortel Networks Corp., the international firm's Canadian parent company.

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