TORONTO, July 25 (UPI) -- Swedish telecommunications giant Ericsson says it has won an auction for the wireless unit of the bankrupt Canadian company Nortel Networks Corp.
OTTAWA, June 16 (UPI) -- A Canadian parliamentary committee in Ottawa wants to hear from the chief of Nortel Networks why executives got bonuses during bankruptcy protection.
TORONTO, Nov. 10 (UPI) -- Canadian communications giant Nortel Networks is cutting 1,300 jobs and freezing hiring after major third-quarter losses, the Toronto company said Monday.
TORONTO, May 22 (UPI) -- Nortel Networks Corp. agreed to pay $1 million to settle the Ontario Securities Commission's probe of its accounting-fraud charges, the regulator said Tuesday.
PARIS, Sept. 1 (UPI) -- Nortel Networks Corp. is selling part of its cell phone business to French telecommunications giant Alcatel for $320 million, Alcatel said Friday.
TORONTO, Nov. 1 (UPI) -- Toronto-based Nortel Networks Corp. agreed to pay $11.5 million to its new president's former employer to settle non-compete concerns.
CHICAGO, Oct. 20 (UPI) -- Motorola Inc. is suing a former chief operating officer and president who has been hired to run U.S. rival Nortel Network Corp.
TORONTO, Jan. 3 (UPI) -- Nortel Networks of Toronto was granted a three-month extension by the New York Stock Exchange Monday to file its 2003 annual report.
