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online.wsj.com - 1/14/2009
Nortel Files for Bankruptcy Protection
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TORONTO -- Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. on Wednesday, citing a need to put itself "on a sound financial footing once and for all." The troubled Canadian maker of telecommunication equipment and some of its units filed for court protection a day ...
canadiancapitalist.com - 1/18/2009
Do you still own Nortel?
— canadiancapitalist.com — I used to own Nortel in my RRSP accounts but sold before the reverse split for about... $3 per share (purchase price: $25 per share). The reason: I only owned 100 shares and a $300 investment wouldn’t make a huge difference to my portfolio either ... (more) Do you still own Nortel?

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BloggingStocks:  Nortel files for Chapter 11 bankruptcy protection

Yahoo! Finance: Tech Ticker:  Nortel Files for Bankruptcy

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Nortel files for Chapter 11 bankruptcy protection
BloggingStocks — Filed under: SEC filings, Products and services, Nortel Networks (NT), RecessionNortel Networks Inc. (NYSE: NT), which has been floundering for years, put itself out of its misery today by filing for Chapter 11 bankruptcy protection. According to court papers filed in U.S. Bankruptcy Court in Delaware, the Canadian telecom equipment maker owes bondholders $3.8 billion and was facing $107 million in interest payments this week. The company already was facing de-listing from the New York Stock Exchange. It has a $2.4 ...

Nortel files for Chapter 11 bankruptcy protection
BloggingStocks — Filed under: SEC filings, Products and services, Nortel Networks (NT), RecessionNortel Networks Inc. (NYSE: NT), which has been floundering for years, put itself out of its misery today by filing for Chapter 11 bankruptcy protection. According to court papers filed in U.S. Bankruptcy Court in Delaware, the Canadian telecom equipment maker owes bondholders $3.8 billion and was facing $107 million in interest payments this week. The company already was facing de-listing from the New York Stock Exchange. It has a $2.4 ...

Nortel Files for Bankruptcy
Yahoo! Finance: Tech Ticker — ... , Jan. 14, 2009: Telecom gear maker Nortel's (NT) downward spiral continues: The company filed for Chapter 11 bankruptcy protection in Delaware today. Nortel owes companies more than $3.8 billion, according to court filings, the WSJ notes . What happened to Nortel? The company hired former Motorola exec Mike Zafirovski more than three years ago to turn things around after a huge accounting and management mess. But since then, Nortel has fumbled, focusing at different times on wireless equipment, large-scale ethernet buildouts, office phones -- including a ...

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