Nortel Networks

Web Address:  www.nortel.com
City, Prov:  Mississauga, Ont.
Total Employees:  12000
Ownership:  Public
Year Established:  1895

Business Specialties
Communications and infrastructure technology

Financial Information
Fiscal Year End  : Dec-31
Total Revenue ($000)
   Year End
2010
   Year End
2009
   Percent
Change
   $765,842    $3,719,804    -79
Source  : C

Source: A=Publicly available, B=Company approved, C=Branham estimate
Exchange rate used for all $USD figures was 0.9946

Notes:

1. December 1, 2010, Divested of its GDNT Joint Venture to Ericsson (Sweden), a provider of telecommunications equipment and related services for US$50 million.2. June 29, 2010, Divested of its majority share in LG-Nortel to Ericsson (Sweden), a provider of telecommunications equipment and related services for US$252 million.3. May 28, 2010, Divested of its Carrier VoIP and Application Solutions business to GENBAND (Frisco, Texas), a provider of IP infrastructure and service solutions for US$282 million.4. March 31, 2010, Divested of its GSM/GSM-R business to Ericsson (Sweden) and Kapsch CarrierCom AG (Austria) for US$103 million.5. March 19, 2010, Divested of its Optical Networking and Carrier Ethernet business to Ciena (Linthicum, Maryland), a provider of high-performance network systems, software and professional services for US$774 million.