Century-old Nortel Networks, once a networking behemoth with a whopping market cap of over $300 billion, has filed for Chapter 11 bankruptcy protection. Nortel never recovered from dot-com bust. The ...

Telecommunications equipment maker Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. on Wednesday, becoming the first major technology company to take that step in this ...

As Nortel files for bankruptcy Wednesday, analysts point to sinking sales, missed earnings and poor management as drivers for the Canadian telecom's long descent to insolvency. But a less-discussed ...

Reeling from the sudden drop in demand for its voice-only telecom-network equipment, Nortel Networks Corp. (NYSE: NT) filed for bankruptcy protection Wednesday. The Toronto-based company, which ...

update A number of Nortel's large Australian customers this week said they were closely monitoring the company following news it had filed for bankruptcy protection in the US. Despite the ...

Hackers were able to gain almost complete access to Nortel’s internal systems over a period of nearly 10 years. Hackers were able to gain almost complete access to Nortel’s internal systems over a ...

Nortel Enterprise Solutions is carrying on with its business operations, because the system supplier must assume that there will be a tomorrow. Although Nortel is currently operating under Chapter 11 ...

Nortel to make data center push next year, early 2009. Nortel plans to push deeper into the data center next year with products that stress virtualization and reliability, and dovetail with the ...

The Wall Street Journal has found that, for more than a decade, hackers appeared to have unfettered access to Nortel Networks' corporate computer system, downloading potentially sensitive information ...

Nortel Networks Corp. this month sold application delivery technology to Radware Ltd. for a fraction of the $6 billion-plus price it paid for its developer, Alteon WebSystems Inc., in 2000. Struggling ...

Nortel Networks said fourth-quarter profits shot up 40 percent as the Canadian telecommunications equipment maker beat Wall Street estimates by 2 cents today and announced its second stock split in ...