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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)

Chapter 11 for Nortel

(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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Desire Athow

I have been musing and writing about technology since 1999 back in my native country Mauritius, dreaming back in 1997 of a world full of avatars...

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