Telecom Company Nortel Files For Chapter 11 Bankruptcy Protection
Our Comments
The potential demise of the official Network Infrastructure Partner for the London 2012 Olympic Games could provide with a glimmer of hope for other players in the market - Alcatel-Lucent, Cisco, Ericsson, Nokia, Juniper Networks - as they all get ready to fill Nortel's shoes.
Related Links
Canadian government to aid Nortel after bankruptcy filing
(AFP)
Nortel files for bankruptcy protection
(Marketwatch)
(Windsorstar)
Nortel bonds capable of substantial recovery: RBC
(Nationalpost)
Another jolt for Indian IT firms
(Business Standard)
Bankruptcy filing was in part to preserve $2.4B in cash, Nortel exec says
(Computerworld)
Nortel Files for Bankruptcy Protection
(Thewhir)
UPDATE: Flextronics' Shares Entangled In Nortel's Bankruptcy
(CNN)
Nortel May Rely on Cash, Loans From Units While in Bankruptcy
(Bloomberg)
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