A global decrease in telecommunication spending is reason enough for UBS analyst Nikos Theodosopoulos to lower his price target for Nortel Networks Corp. (NT) from $20 to $15. In a recent research ...

July 25 (Reuters) - Sweden's Ericsson has won an auction for the wireless assets of bankrupt Nortel Networks Corp , paying $1.13 billion for the crown jewels of the one-time Canadian telecom star. The ...

(Nortel Networks Limited, Brampton, Ontario) Once a world leader in telecommunications products, Nortel filed for bankruptcy in 2009 and sold its CDMA business and LTE assets to Ericsson and its ...

Telecommunications-equipment maker Nortel Networks managed to meet Wall Street expectations, citing a strong performance from sales of Internet equipment. Excluding charges related to acquisitions, ...

Nortel Networks Corporation, formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Mississauga, Ontario, Canada ...

NEW YORK (CBS.MW) -- What Ciena giveth, Nortel Networks taketh away. In active Friday trading, telecommunications stocks stumbled badly amid an earnings warning by industry bellwether Nortel. The ...

In Tuesday’s IT Blogwatch, we fast-forward to the trouble on the line. And then there’s always a flashback … Mikael Ricknäs spells out the bloodletting: Revenue for the quarter totaled $2.32 billion, ...

The Monkstown site houses the company's telecom equipment R&D and some operations in Nortel's optical Internet business. Earlier this month, Nortel unveiled plans to cut 10,000 more jobs on top of an ...

(Reuters) - Nortel Networks Corp's wireless business goes on the auction block July 24, marking the first of the insolvent company's three key units to be put up for sale. Three bids have already ...