Content from CNET tagged with
Nortel Networks Corp.
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NewsNortel dumps bandwidth exchange suit
November 9, 2004 Company says Arbinet will settle in copyright infringement dispute. -
News
Nortel to deliver financial update
August 10, 2004 After months of uncertainty, Nortel plans to release preliminary, unaudited results for the first half of 2004. -
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Nortel buys Tasman to boost VoIP line
December 27, 2005 Planned acquisition of networking gear maker promises to improve Nortel's Net calling products. -
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Nortel nabs Cisco exec for CTO spot
April 1, 2005 Nortel has hired another former Cisco executive to be its chief technology officer. -
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Nortel reshuffles top management
March 4, 2005 Nortel adds former Cisco exec, shuffles management again, as regulators and law enforcement continue investigating the company's accounting. -
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Nortel lowers expectations
September 16, 2004 Nortel said it expects revenue for the third quarter to fall short of expectations. -
News
Nortel to trim work force by almost 10 percent
February 9, 2007 An additional 3 percent of staff positions will be "offshored" as part of the company's $1.5 billion cost-cutting drive. -
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News
T-Mobile to use Nortel billing technology
July 6, 2004 A new "packet sniffing" product from the European cell phone service provider ensures correct billing. -
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Nortel to acquire PEC for $448 million
April 26, 2005 Telecom gear maker Nortel Networks said Tuesday that it will buy federal contractor PEC Solutions for $448 million in cash. -
News
Nortel to lay off 3,500
August 19, 2004 The scandal-beset company will ax the jobs of about 10 percent of its work force. -
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Nortel delays filing financials again
September 2, 2004 The beleaguered networking gear maker says it won't be able to file earnings on the date it expected. -
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Nortel proposes $2.5 billion shareholder settlement
February 8, 2006 Company says it will pay $575 million, issue nearly 630 million shares to settle suits arising from financial scandal. -
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Nortel delays financial report--again
October 28, 2004 Accounting scandal continues to drag out as company once again delays reporting results for first half of 2004 and all of 2003. -
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Nortel pushes back Flextronics deal
October 14, 2004 Company delays divestiture of manufacturing assets, as it focuses on its financial restatement. -
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Nortel trims layoff plan
September 30, 2004 Networking equipment maker reduces layoffs by 250, as it details plans to cut expenses
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