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Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was founded in Montreal, Quebec in 1895 as the Northern Electric and Manufacturing Company, or simply Northern Electric.
Nortel agreed to pay $11.5 million on his behalf to settle the lawsuit. [39] Nortel also paid out US$575 million and 629 million common shares in 2006 to settle a class-action lawsuit that accused the company of misleading investors about the company's health. Peter W. Currie stepped down as Executive Vice President and CFO in early 2007.
to not oppose any Nortel employee incentive program. [11] that the claims of continuing and former Canadian employees of Nortel will be treated as unsecured claims, unless there is a change to the Bankruptcy and Insolvency Act. that Nortel will stop topping-up its underfunded pension plan after the last payment made in March 2010. [12]
John Andrew Roth is a Canadian retired business executive.He was the chief executive officer and chairman of Nortel Networks between 1997 and 2001. [1] While he was called "the most successful businessman in modern Canadian history" by Time magazine and named Canada's CEO of the Year by a Bay Street panel in the fall of 2000, [2] by the ignominious end of his career it became clear that his ...
Nortel (1895–2013) — a defunct telecommunications company of Canada, with post-bankruptcy assets acquired by BCE Inc. under Bell Canada Subcategories. This ...
In 2000, Aastra acquired the assets of Nortel Networks Access Solutions Division including the rights to manufacture phones under the Nortel name. [citation needed] Then, in 2001, Aastra acquired Lucent Technologies' Digital Video business [5] and Ericsson Cable Modem. Aastra acquired Nortel CVX & CSG Division in 2002 and the ASCOM PBX System ...
The number of living former U.S. presidents dwindled to four on Dec. 29, 2024, when Jimmy Carter died at age 100 just months after extending his record as the longest-living president in U.S ...
This is a list of products formerly manufactured by Nortel, a defunct Canadian telecommunications manufacturer: 1-Meg Modem; Agile Communication Environment;