Toronto, Canada (ots/PRNewswire) - - US$1.3 Billion Credit Facility to Refinance Bond Maturity - Cash Balance of US$3.0 Billion as at December 31, 2005 - Timing of Fourth Quarter & Full Year 2005 Financial Reporting Nortel(1) Networks Corporation (NYSE: NT ; TSX: NT) today announced that it and the Company's indirect subsidiary, Nortel Networks Inc. ("NNI"), have entered into binding commitments for ...
Toronto, Canada (ots/PRNewswire) - Nortel(x) (NYSE: NT; TSX: NT) and Flextronics(x) (NASDAQ: FLEX) have agreed to reschedule the transfer to Flextronics of Nortel's manufacturing operations and related activities in Calgary, Alberta from the first to the second quarter of 2006. The schedule was revised to allow completion of several major information systems changes that are expected to simplify and improve the ...
Airport City, Israel (ots/PRNewswire) - Nortel(1) [NYSE: NT; TSX: NT] has won a contract via channel partner Bynet with HOT Telecom to deploy a very large converged network at the company's new headquarters in the town of Yakum, Israel. The overall project size is estimated at US$1.5 million. HOT Telecom's new converged network will equip its 1,400 employees with anywhere, anytime access to such communication ...
Amsterdam, The Netherlands (ots/PRNewswire) - SURFnet, a global leader in advanced network research, today launched SURFnet6 the world's first self-configurable intelligent optical network based on optical solutions from Nortel(x) (NYSE: NT ; TSX: NT). SURFnet6, a high-grade computer network specially ...
Paris (ots/PRNewswire) - - New Cost-effective Alternative to Provide High-speed Wireless Internet in Rural Areas Nortel(x) (NYSE: NT ; TSX: NT), QUALCOMM (Nasdaq: QCOM) and Orange have successfully completed UMTS and HSDPA calls in the 900 MHz band, a spectrum capable of delivering wireless broadband such as mobile TV, video-on-demand, video telephony and ...
Toronto, Canada (ots/PRNewswire) - The board of directors of Nortel(x) Networks Corporation (NYSE: NT; TSX: NT) called the annual meeting of shareholders (the "Meeting") to be held on May 2, 2006 in Toronto, Ontario. The board of directors set the close of business on March 6, 2006 as the record date for determining the shareholders of Nortel Networks Corporation ...
Toronto, Canada (ots/PRNewswire) - - Dennis Carey Joins to Accelerate Business Transformation Nortel(x) (NYSE: NT , TSX: NT) President and Chief Executive Officer (CEO) Mike Zafirovski today announced the appointment of Dennis Carey as executive vice president, Corporate Operations. In this role, Carey will report directly to the President and CEO and will be responsible for Human Resources, the ...