Nortel Networks

Web Address:
City, Prov:  Toronto, ON
Total Employees:  20000
Ownership:  Public
Year Established:  1895

Business Specialties
Communications and infrastructure technology.

Financial Information
Fiscal Year End  : Dec-31
Total Revenue ($000)
   Year End
   Year End
   $4,500,380    $10,906,619    -59
Source  : C

Source: A=Publicly available, B=Company approved, C=Branham estimate
Exchange rate used for all $USD figures was 1.0466


1. March 31, 2009, Completes divesture of certain L4-7 data assets to Radware (New Jersey, U.S.), a provider of integrated delivery solutions for US$18 million.2. November 13, 2009, Completes sale of its CDMA business and LTE Access assets to Ericsson (Sweden), a provider of technology and services to telecom operators for US$1.13 billion.3. December 2, 2009, Completes sale of its Optical Networking and Carrier Ethernet businesses to Ciena (Maryland, U.S.), a provider of network infrastructure solutions for US$769 million. 4. December 2, 2009, Completes sale of its GSM/GSM-R business to Ericsson (Sweden) and Kapsch (Austria) for US$103 million.5. December 8, 2009, Completes sale of its Next Generation Packet Core Network assets to Hitachi (Japan), a global electronics company for US$10 million. 6. December 18, 2009, Completes sale of its Enterprise Solutions business to Avaya (New Jersey, U.S.), an enterprise communications systems provider for US$900 million.